Russia Raises March Crude Export Duty 4.4% After Urals Gains

Russia, the world’s biggest oil producer, will raise its export duty on most crude shipments by 4.4 percent from March 1 following an increase in the price of the country’s Urals blend. The standard duty will climb to $411.20 a metric ton, or $56.10 a barrel, from $393.70 a ton in February, according to a […]