Russia to Lower Oil Export Duty 6.4% in June on Urals Decline

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Russia to Lower Oil Export Duty 6.4% in June on Urals Decline - Bloomberg

Russia, the world’s biggest oil producer, will reduce its export duty on most crude shipments by 6.4 percent from June 1 after Urals prices dropped. The standard duty will fall to $419.80 a metric ton, or $57.27 a barrel, from $448.60 a metric ...

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