Russia raised export duties for crude oil

Russia has decided to raise crude oil export duties as of April 1 up to USD 102.6 (LVL 53.9) per ton, the Russian government press service reported.

Currently, oil export duty is set at USD 83 per ton, and it is effect as of February 1.

Russian oil export duty has been reviewed once in two months depending on the changes in oil prices on the global market.

Last week, oil prices on the global market reached new records.



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