Glut (noun)

1. An excessive supply of something.
2. A state of saturation with something.
3. An oversupply of goods in a market.

Origin:

Middle english, from latin gluttire to gulp down, swallow, from greek glouttōn glutton, from glouttos gluttonous.

Examples:

1. The glut of oil on the market caused prices to drop.
2. There was a glut of applicants for the job, making it hard for the employer to choose.
3. The glut of information on the internet can be overwhelming.
4. The glut of tourists in the city made it hard to navigate.
5. The summer glut of tomatoes makes it hard to sell them at a good price.