Russia has increased the oil export duty to $212.6 per tonne effective July 1 under a resolution signed by Prime Minister Vladimir Putin on June 26, Interfax reports.
The export duty had been $152.8 per tonne from June 1.
It was reported earlier that the average price of Russian oil in the May 15-June 14 monitoring period used to calculate the export duty was $63.66 per barrel.
The export duty on refined product will increase to $155.5 per tonne on July 1 for light oil products (from $115.2 per tonne effective June 1) and to $83.8 per tonne for heavy oil products ($62.1).