Russia raises oil export duty to $ 270.7/ton from Feb. 1

Russia has raised oil export duty to $ 270.7 a ton from Feb. 1 from the current $ 267/ton, according to documents.
Duty on light petroleum products will rise to $ 194.7/ton from the current $ 192.2/ton, and duty on heavy petroleum products will increase to $ 104.9/ton from the current $ 103.5/ton.

Last year, the government moved from a bimonthly to a monthly duty adjustment procedure to respond more swiftly to changes in world oil prices.