Russia raises crude export duty by $7.2 on May 1

Russia raises crude export duty by $7.2 on May 1

Russia's crude export duty will be increased by $7.2 to $106.6 per ton from May 1, 2019, according to the Russian Finance Ministry's website.

From March 15 to April 14, the average price of Urals petroleum mix was $69.02619 per barrel or $503.9 per ton.

Russia's current crude export duty is $90.4 per ton.   

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