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World oil prices

Export duty on oil in Russia to add $1.1 from November 1

Preferential oil duty rate for a number of fields in Eastern Siberia, the Caspian fields, and the Prirazlomnoye field remains at zero

© Yegor Aleyev/TASS

MOSCOW, October 15. /TASS/. Starting from November 1, 2019, export duty on oil in Russia will increase by $1.1 and amount to $88.3 per metric ton, the Russian Ministry of Finance said in a statement on Tuesday.

The average price of Urals oil in the monitoring period from September 15 to October 14, 2019 was $60.08 per barrel, or $438.6 per metric ton.

Read also

Oil export duty in Russia frozen for 2016

According to the Ministry of Finance, the duty on high-viscosity oil will rise to $8.8 from $8.7. In connection with the new calculation formula adopted in the framework of the tax maneuver in the oil industry, from February 1, 2015, preferential oil duty rate for a number of fields in Eastern Siberia, the Caspian fields, and the Prirazlomnoye field remains at zero.

The duty on light petroleum products and oils will increase to $26.4 per metric ton, dark — to $88.3. The duty on exports of commercial gasoline will grow to $26.4, straight-run (naphtha) — to $48.5 from $47.9 per metric ton. The duty on liquefied gas remains at zero. The duty on coke will rise to $5.7 from $5.6 per metric ton, the Finance Ministry said.

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Iran has warned US that Israeli response would set off harsh retaliation — minister

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Russian Armed Forces hit IRIS-T air defense system launcher, Ukrainian ammunition depot

The personnel and equipment of the Ukrainian Armed Forces were also defeated in 129 districts

Russia, Belarus sign aircraft production agreement

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China’s Jetour plans to sell up to 50,000 cars in Russia this year

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IAEA chief slams attack on ZNPP dome as 'very dangerous precedent'

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Senior Russian diplomat warns West against aggressive statements about Russia

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Hamas not to make any concessions on Israeli troops’ withdrawal from Gaza

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Roscosmos committed to continued collaboration with NASA — CEO

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Slovakia to oppose Ukraine’s NATO membership bid — PM

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Attacks on ZNPP raise risks for nuclear safety — IAEA chief

Rafael Grossi reminded the Security Council that last year he outlined the principles of ensuring safety at the ZNPP to avert the danger of a nuclear incident and called on Russian and Ukraine to observe them

Russian, Israeli security chiefs discuss current escalation in Middle East

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Putin shocked by brutality, cynicism of terrorist attack in Iran - Kremlin

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Freshly mobilized Ukrainian soldiers holding first-line defense in Chasov Yar, says DPR

Igor Kimakovsky said that the Ukrainian combat group in Chasov Yar is suffering heavy casualties

Negotiations on safety of navigation in Black Sea continue — source

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Russia’s UN envoy says IAEA too cautious as it doesn’t name culprit behind attacks on ZNPP

Vasily Nebenzya said Russia was calling on the International Atomic Energy Agency to name the source of attacks

Russian, Tajik troops kick off joint military drills in Tajikistan

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Italy’s minister estimates Israeli capability to defend from Iranian attack at one billion

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Russia’s UN envoy says statements by West expose Kiev’s responsibility for attacks on ZNPP

"They not only completely gave away Zelensky's regime, but also confessed to their own complicity in these irresponsible bombardments," said Vasily Nebenzya

US-led coalition’s aircraft violate Syrian airspace eight times in past day

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Russian finance ministry considering abolition of export duty on gold

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Turkish-mediated Black Sea security pact crumbles as Ukraine backs out — Reuters

According to the draft agreement, seen by the agency, the parties would have extended security guarantees to merchant vessels in the Black Sea, as they committed not to strike or search them as long as they had declared a non-military cargo