Russia raises duties on oil exports from July 1

 

The average price for Urals oil for the period from May 15 to June 14 was $ 67.9 per barrel after $ 65.5 per barrel a month earlier, thus, the duty on oil exports from the Russian Federation from June 1 will increase by $ 2.7 and will be $ 61.5 per ton, follows from materials on the website of the Ministry of Finance of the Russian Federation.

Currently, the export duty on oil is $ 58.8 per ton.

“The average price of Urals oil for the monitoring period from May 15, 2021 to June 14, 2021 amounted to $ 67.9005 per barrel, or $ 495.7 per ton. According to the calculations of the Russian Ministry of Finance, the export duty on oil in the Russian Federation from July 1, 2021 year will increase by $ 2.7 and amount to $ 61.5 per ton, “the ministry said.

In addition, the duty on light oil products and oils will increase to $ 18.4 from $ 17.6 per ton, on dark – to $ 61.5 from $ 58.8. The duty on the export of commercial gasoline will rise to $ 18.4, and straight-run (naphtha) – to $ 33.8 from $ 32.3 per ton.

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