Russia's oil glut worsens as 12 tankers idle off Oman with unsold Urals crude, pushing floating inventories to early-2026 highs amid faltering demand.

Russia struggles to sell oil as Asian demand declines. Crude oil reaching a new all-time high by December 31 at 14.5% YES.

Russia's oil glut worsens as 12 tankers idle off Oman with unsold Urals crude, pushing floating inventories to early-2026 highs amid faltering demand.