The aggressor country russia was forced to cut oil production to a record low due to US sanctions, which disrupted the export of russian "black gold" to India and China.
Bloomberg reported this on Friday, January 9, citing its own sources.
Unnnamed Bloomberg interlocutors familiar with government data said that in December 2025, the russian federation produced an average of 9.3 million barrels of oil per day. This is 100,000 barrels per day less than in November. In addition, this is almost 250,000 barrels per day less than the volume that the country should produce in accordance with the Organization of the Petroleum Exporting Countries (OPEC+) quotas.
The decline came amid large-scale Ukrainian strikes that affect not only refineries but also oil production. In addition, due to the US sanctions against Rosneft and Lukoil, russian oil is accumulating at sea aboard tankers, as buyers are not showing much interest in buying it.
Bloomberg writes that by the end of December, there were more than 185 million barrels of russian oil in the world's oceans. This accumulation occurred as key buyers sought to circumvent sanctions.
As the Ukrainian News agency earlier reported, on January 6, it became known that the price of russian Urals oil dropped by 40% compared to October 2025.
As a reminder, at the end of October last year, a barrel of Urals oil in the Black Sea ports was trading at a price of slightly more than USD 33.
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