application of the agreement partial embargo on oil imports from Russia, and Belarus voluntarily pays
The heads of state and government of governments partially agree on an embargo on the import of Russian oil. This statement was made by the head of the European Council Charles Michel in Brussels, where an unscheduled EU summit on Ukraine is being held, TASS reports.
“Agreement to ban Russian oil exports to the EU. It covers more than bilateral or trilateral oil imports from Russia, cutting a major source of funding for its war machine. Maximum pressure on Russia to export war,” Charles Michel tweeted.
According to him, the sixth package of measures taken against Russia, agreed by the heads of state and the government bloc, includes other measures. In particular, the disconnection of Sberbank from the international financial messaging system SWIFT and the ban on broadcasting in the EU of three more Russian state media.
By the end of 2022, the EU will actually reduce oil imports from Russia by 90%, said the head of the European Commission, Ursula von der Leyen.
Belarus since June 1, the volume of export duties on oil and oil products exported outside the customs territory of the Eurasian Economic Union. This is the Decree of the Council of Ministers of May 28 No. 345, which was published today on the National Legal Internet Portal, reports BELTA.
The document, in particular, due to changes in export rates for crude oil, fuel oil, petroleum bitumen, vaseline and paraffin, waste oil products – USD 44.8 per 1 ton (previously – USD 49.6), straight gasoline – 24.6 US dollars per 1 ton (previously – $ 27.2), commercial gasolines, diesel fuel, light, medium dispersed, benzene, toluene, xylenes, lubricating oils – $ 13.4 per 1 ton (previously – $ 14.8) .
The ordinance comes into force on June 1.
Previously, the rates of export customs duties for crude oil and certain categories of goods produced from oil changed from May 1, 2022.
The price of a futures contract for Brent crude oil for delivery in August 2022 on the London ICE exchange exceeded $119 per barrel. Such data on the trading platform are presented by TASS.
As of this morning, the cost of Brent rose by 1.49% and reached $119.35 per barrel.
It is noted that the last price of Brent was at $119 per barrel on March 25.