21:50 GMT +319 June 2019
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    Russian Oil Export Duty up $50

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    Russia has raised the crude export duty to $460.7 per ton from $411.2, the government website announced on Friday.

    Russia has raised the crude export duty to $460.7 per ton from $411.2, the government website announced on Friday.

    The decree, signed by Prime Minister Vladimir Putin, takes effect on April 1.

    The gasoline export tax will rise to $414.6 per ton from $370.1 in March.

    The Russian government hopes to stimulate oil companies to refine their entire oil production at domestic refineries.

     

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