Duty for export oil will decrease since September 1

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Duty on export of the Russian oil will lower from $94,1 to $90,1 for ton For $3,4 — from $94,1 to $90,1 for ton — export duty on the Russian oil since September 1, 2019 will go down, reported Ministry of Finance of the Russian Federation. The average cost of the Russian reference brand of Urals oil during the period made from July 15 to August 14, 2019 $61,4 for barrel, or $448,5 for ton. As before, zero there will be a preferential rate of duty on oil of Eastern Siberia, a number of fields of the Caspian Sea and the Prirazlomnoye field because of new a calculation formula which was accepted within tax maneuver in oil branch...

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