Russia has set the export duty on crude oil at $180.7 per metric ton (7 barrels) as of December 1, down from $237.6, RIA Novosti reports.
The rate is reviewed every other month based on the price of Russian Urals blend on the world market.
Duties on light and dark oil derivatives were lowered to $134 per metric ton (7 barrels) and $72,2, respectively, down from $172,4 and $92,9 in the October-November period.
The average monthly price of Urals was $55.1 per barrel in October, 6.5% down on September.