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MOSCOW: Russia's oil export duty is expected to fall to $100.3 per tonne in July from $110.4 per tonne in June following a rise in oil prices, the finance ministry said on Monday.

The level of the duty is calculated by the finance ministry and is based on the monitoring of seaborne Urals crude oil prices.

The ministry made its calculations for the July export duty from prices recorded between May 15 and June 14.

Copyright Reuters, 2019

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