Russia hikes export duties to alleviate domestic gasoline crunch.

摘要

A Feb. directive from Russian Prime Minister Vladimir Putin requiring oil firms to lower retail gasoline prices has prompted several companies in search of greater profits to send more fuel overseas. In 1Q, Russian firms exported 2.14MM mt (18.16MM bbl) of gasoline by rail, or 40% more than in 1Q 2010. The rise in exports has, in turn, led to gasoline shortages since Feb.