From March 1, Russia to reduce export duty on oil by $12.5
Edited by Rhod Mackenzie / 2016-02-15 02:42:37
From March 1, 2016, the export duty on oil will decrease by $12.5 to $39.5 per ton, the press centre of the Russian Ministry of Finance reports.
Currently, the export duty on oil is $52 per ton. In January 15 to February 14, the average price of the monitoring was $28.38143 per barrel, or $207.2 per ton. Thus, most likely, the duty will be $39.5 per ton.
