MOSCOW (Sputnik) — The current oil export tariff stands at $52 per tonne of oil. Export duty rates for oil from Eastern Siberian, Caspian and the Arctic Prirazlomnoye oilfields was set at zero in February 2015. These zero-rate export duties will stay in place if the average oil price does not exceed $65 per tonne.
Oil prices stayed below $60 throughout 2015, with Saudi-led Organization of Petroleum Exporting Countries (OPEC) maintaining high production rates.
Market prices for crude benchmarks dropped to a 12-year low in mid-January 2016, sliding below the historic level of $30 a barrel before starting to recover after January 20.
Italy's constitutional referendum on Sunday was another demonstration of citizen discontent with governments pursuing politics as usual, ranking Democrat on the US House of Representatives Foreign Affairs Committee Eliot Engel told Sputnik.
Ukraine would be completely deprived of gas transit, if Russia's Nord Stream 2 and Turkish stream gas pipeline projects were brought to life, the chief executive of the national gas firm Naftogaz said Monday.
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