9/15, 1:26 PM (Source: TeleTrader)
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Russia: Oil export duty to be raised to $23.9 per ton

Russian Finance Ministry announced on Friday on its Telegram account that the export duty on oil will be raised to $23.9 per ton starting October 1.

Currently, the duty stands at $21.4 per ton, which means that it will increase by $2.5.

"The average price of Urals oil for the monitoring period from August 15 to September 14, 2023, was $77.03 per barrel, or $562.3 per ton," the ministry wrote.

Baha Breaking News (BBN) / AY