From December 1, export oil duty in Russia to increase by 9% to $88.4 per ton

From December 1, 2015, the export duty on oil in Russia will increase by 9% to $88.4 per ton against $97.1 per ton in the previous month.

According to leading expert of the Department of Tax and Customs Tariff Policy of the Ministry of Finance Alexander Sakovich, last month, the average oil price amounted to $44.32886 per barrel, or $323.6 dollars per ton. For comparison, in the previous month, the average price was $47.18364 per barrel, or $344.4 per ton.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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