June 29 Moscow News, the Russian government in its official website today said that the international oil market as a result of rising crude oil prices, Russia's oil export tax from July 1 onwards from the current 152.8 U.S. dollars per ton to 212.6 per tonne dollars.
June 26, Russian Prime Minister Vladimir Putin signed the relevant from the starting July 1 to increase exports of petroleum and petroleum tax laws.
From July 1, the light of Russia's export duty on petroleum products from the current level of 115.2 U.S. dollars per tonne to 155.5 U.S. dollars, and heavy oil products export tax from the current level of 62.1 U.S. dollars per ton to 83.8 U.S. dollars.
In order to market more quickly respond to changes in the Russian government last year to amend the first time every two months ago crude oil and petroleum products export tax modification changed once every month. Russian oil exports to amend the Government to increase the number of tax is to reduce the national oil companies to export oil when oil prices will face losses.
As the global financial crisis curbed oil demand, oil prices in July last year from 147.27 U.S. dollars per barrel record high down to the start of the year about 40 U.S. dollars per barrel.
Oil prices in the past period of time to re-climbed to more than 70 U.S. dollars a barrel level.
Source: www.in-en.com Jun. 30, 2009
