Belarus to raise export duties on oil

Belarus will raise export duties on oil and its products that are exported outside the Eurasian Economic Union on May 1, the government said Friday.

The duty on crude oil will increase from 97.4 to 104.6 U.S. dollars per tonne, and that on straight-run gasoline will rise from 53.5 to 57.5 dollars per tonne, the government said in a statement.

The duties on light and medium distillates, diesel fuel, benzene, toluene, xylene, lubricants, and other oil will increase from 29.2 to 31.3 dollars per tonne.

Those on crude oil and some categories of derivative oil products were previously revised upwards on April 1.