May 27, 2023
Oil production

From May 1, 2023, the duty on oil exports from Russia will increase by $0.1 to $14.4 per ton. The average price of Urals oil for the period from March 15 to April 14 reached $51.15 per barrel ($373.4 per ton). A month earlier, a barrel of Urals oil cost $50.8.

This is with reference to the data of the Ministry of Economic Development of the Russian Federation informs on Monday agency “Prime”. The duty on light oil products and oils from May 1 will be $4.2 per ton, on dark ones – $14.4. The duty on the export of commercial gasoline from the Russian Federation will increase to $4.3 per ton, straight-run gasoline (naphtha) – $7.9.

The export duty on liquefied gas and on pure fractions of liquefied hydrocarbon gases will remain zero. Duty on coke will be $0.9 per ton from May 1.

Earlier, the Ministry of Energy of the Russian Federation announced that Russia managed to completely redirect all oil export volume, which fell out in connection with the embargo imposed by the EU countries. There was no drop in sales.

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