By RIA Novosti
Moscow : Russia Wednesday said it would increase its oil export duties to $333.8 per metric tonne from the beginning of next month in line with global market trends.
According to a resolution signed by Prime Minister Viktor Zubkov Monday, export duties on light petroleum products will be set at $237.2 per metric tonne, against the current $197.8 per tonne. Duty on heavy petroleum products will rise to $127.8 per metric tonne from the current $106.6 per tonne.
The Russian government adjusts export duty on crude and petroleum products every two months, depending on changes in the Urals blend price on world markets, the government press service said.
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