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Belarus lowers export duties on oil

Belarus lowered export duties on oil and oil products which are exported outside the Eurasian Economic Union (EAEU) on Monday.

The export duties on crude oil decreased from 110.4 U.S. dollars to 100.3 dollars per ton, while the duties for straight run gasoline decreased from 60.7 dollars to 55.1 dollars per ton, the government said in a statement.

Export duties on commercial gasoline, light and medium distillates, diesel fuel, benzene, toluene, xylene, lubricants and other oil were lowered from 33.1 dollars to 30 dollars per ton.

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

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