this post was submitted on 10 Jan 2026
78 points (97.6% liked)

World News

51868 readers
2754 users here now

A community for discussing events around the World

Rules:

Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.


Lemmy World Partners

News !news@lemmy.world

Politics !politics@lemmy.world

World Politics !globalpolitics@lemmy.world


Recommendations

For Firefox users, there is media bias / propaganda / fact check plugin.

https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/

founded 2 years ago
MODERATORS
 

cross-posted from: https://mander.xyz/post/45242833

Russian oil companies significantly reduced their production of crude oil in December due to the impact of US sanctions on export sales, Bloomberg reported on Friday.

Last month, the total amount of Russian oil extracted fell by over 100,000 barrels per day, to 9.326 million barrels, a source familiar with the official statistics, which have been classified since 2022, told Bloomberg.

The drop in output is the greatest since mid-2024, when Russia cut production under an agreement with the Organisation of the Petroleum Exporting Countries (OPEC), Bloomberg continued. Now, however, Russia is at liberty to increase oil production, yet December’s output showed an unexpected fall and is now 250,000 barrels below the daily quota agreed with OPEC and its allies in November.

Russian oil companies are finding it increasingly difficult to sell Russian crude overseas, as although Russian tankers shipped 3.87 million barrels a day of crude in the four weeks to 21 December, Bloomberg said, there were increased delays in offloading cargoes “with a build-up of vessels anchored off the coasts of India and China”, the Kremlin’s two largest customers.

...

Web archive link

top 6 comments
sorted by: hot top controversial new old
[–] FauxPseudo@lemmy.world 5 points 1 day ago (1 children)

I think this is underselling OPEC's roll increasing supply to depress the demand for bootleg oil.

[–] phutatorius@lemmy.zip 8 points 1 day ago* (last edited 1 day ago)

Perhaps more significantly, Ukraine has also done considerable damage to Russia's refineries and pipelines. And it's unclear how much of this is due to US sanctions, especially when the EU has just sent a metric shit-ton of money to Ukraine as loans collateralized with frozen Russian oligarch assets.

[–] realitista@lemmus.org 6 points 1 day ago (1 children)

This is very good news. Many of those wells will freeze over and become unusable likely for decades if they are left off.

[–] credo@lemmy.world 1 points 1 day ago (1 children)

Literally freeze? How does this work where they could be shut down for decades?

I’ve been watching landman, but I’m not an expert in oil drilling yet.

[–] realitista@lemmus.org 8 points 1 day ago (1 children)

Yes literally freeze. A lot of these wells are in Siberia and if you close them they will freeze down to the bedrock again. Which means they basically have to rebuild the whole well again from scratch. Redrill it and then build it again.

The last time this happened was when the Soviet Union collapsed and it took them ~20 years and a lot of Western assistance to bring them back online.

If you are interested in exploring the topic more, Peter Zeihan covers it in some depth in his books and occasionally in summary in his videos like this one.

[–] credo@lemmy.world 1 points 1 day ago

Awesome! Thanks for the vid. I didn’t realize the oil could actually freeze.