Belarus lowers export duties on oil

Belarus lowered export duties on oil and petroleum products that are exported outside the Eurasian Economic Union on Thursday.

The export duty on crude oil decreased from 100.3 U.S. dollars to 94.1 dollars per tonne, while the duty for straight-run gasoline decreased from 55.1 dollars to 51.7 dollars per tonne, the government said in a statement.

Export duties on commercial gasoline, light and medium distillates, diesel fuel, benzene, toluene, xylene, lubricants, and other oils shrank from 30 dollars to 28.2 dollars per tonne.

The export duties on crude oil and some categories of derivative oil products were previously revised downwards on July 1.