Fuel Origin

Events / Tax change

Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022

Dates
2022-06-01 → 2022-08-31
Dated to
the day
Status
Ended
Scope
Germany

What the sources said

Energiesteuersenkungsgesetz (Gesetz zur Aenderung des Energiesteuerrechts zur temporaeren Absenkung der Energiesteuer fuer Kraftstoffe) of 24 May 2022, BGBl. I 2022 p. 810. The Bundestag record of 19 May 2022 states the reduction ran from 1 June to 31 August 2022 and cut the energy-tax rate by 29.55 ct/litre on Benzin and by 14.04 ct/litre on Dieselkraftstoff. The same change is present in the primary tax series this project already holds: the tax rates taken from the European Commission Weekly Oil Bulletin duties and taxes file record German excise on Euro-super 95 petrol at 0.6545 EUR/litre before, 0.3590 EUR/litre effective 2022-06-01 and 0.6545 EUR/litre again effective 2022-08-31, and on diesel at 0.4704, then 0.3300, then 0.4704 EUR/litre on the same dates. The two records agree to the cent. This row is a timeline marker only; it makes no statement about how the change reached pump prices.

IEA, EIA, European Commission, European Council and national legislators (cited per row)Official
Retrieved 2026-09-25 14:07 UTCRevision 2
Source documents (3)
CountryCountryGermanyFranceNetherlandsPolandFinlandEstoniaAustriaBelgiumBulgariaCroatiaCyprusCzechiaDenmarkGreeceHungaryIrelandItalyLatviaLithuaniaLuxembourgMaltaPortugalRomaniaSlovakiaSloveniaSpainSweden
FuelFuelDiesel (automotive gas oil)Petrol (Euro-super 95)Both fuels

Choosing a fuel keeps that fuel's series and the channels shared by every fuel - the crude benchmark, FX, crude imports and Hormuz exposure. It drops only the other fuel's series.

The event window

What each series was worth from -30 to 90 days around the event date, how far that is from the same series' level at the event date, and how big that move is against the series' own normal variation.

Germany, all fuels in this run. 22 series can be drawn; 7 cannot be seen at all and are shown as labelled empty panels below.

260 published readings, 26 offsets with nothing published within one period, and 91 offsets on series we cannot see at all. Every one of them is on this page.

Europe Brent spot FOB

Unit: $ per barrelPublished: dailyCalculatedOfficial
T0−30−14T0+14+30+60+90132.895.82022-04-29: 108.4 $ per barrel, used for offsets −302022-05-18: 110.0 $ per barrel, used for offsets −142022-05-25: 116.4 $ per barrel, used for offsets −72022-05-27: 121.2 $ per barrel, used for offsets −32022-05-31: 125.5 $ per barrel, used for offsets −1same print as T0 — 2022-06-01, 122.2 $ per barrel, used for offsets T0, +12022-06-03: 125.7 $ per barrel, used for offsets +32022-06-08: 129.2 $ per barrel, used for offsets +72022-06-15: 125.0 $ per barrel, used for offsets +142022-07-01: 119.2 $ per barrel, used for offsets +302022-07-29: 111.5 $ per barrel, used for offsets +602022-08-30: 99.34 $ per barrel, used for offsets +90

x: days from the event date. Each mark sits at the date the figure was published, which is how the as-of rule answers an offset. At least one print used was published outside the −30 to +90 window; the axis is extended to show where it actually sits.

Window table for Europe Brent spot FOB: value, change from the event date and change in volatility units at each offset.
OffsetPrint usedValueΔ absΔ %Volatility units
−302022-04-29108.4-13.840-11.33%-2.53
−142022-05-18110.0-12.160-9.95%-2.22
−72022-05-25116.4-5.790-4.74%-1.06
−32022-05-27121.2-1.010-0.83%-0.18
−12022-05-31125.5+3.330+2.73%+0.61
T02022-06-01same print as T0122.20.0000.00%0.00
+12022-06-01same print as T0122.20.0000.00%0.00
+32022-06-03125.7+3.480+2.85%+0.64
+72022-06-08129.2+7.000+5.73%+1.28
+142022-06-15125.0+2.760+2.26%+0.50
+302022-07-01119.2-2.990-2.45%-0.55
+602022-07-29111.5-10.690-8.75%-1.95
+902022-08-3099.34-22.860-18.71%-4.18

One volatility unit for this series is 4.48%, the standard deviation of its own day-on-day percentage changes over the three years before the event (764 changes). It is not a significance test.

reported crude oil imports, all origins

Unit: tonnesPublished: monthlyCalculatedOfficial
T0−30−14T0+14+30+60+907,572,8256,561,5622022-05-01: 7,474,961 tonnes, used for offsets −30, −14, −7, −3, −1same print as T0 — 2022-06-01, 7,087,696 tonnes, used for offsets T0, +1, +3, +7, +142022-07-01: 6,877,203 tonnes, used for offsets +30, +602022-08-01: 6,659,426 tonnes, used for offsets +90

x: days from the event date. Each mark sits at the date the figure was published, which is how the as-of rule answers an offset. At least one print used was published outside the −30 to +90 window; the axis is extended to show where it actually sits.

Window table for reported crude oil imports, all origins: value, change from the event date and change in volatility units at each offset.
OffsetPrint usedValueΔ absΔ %Volatility units
−302022-05-017,474,961+387,265+5.46%+0.62
−142022-05-017,474,961+387,265+5.46%+0.62
−72022-05-017,474,961+387,265+5.46%+0.62
−32022-05-017,474,961+387,265+5.46%+0.62
−12022-05-017,474,961+387,265+5.46%+0.62
T02022-06-01same print as T07,087,6960.0000.00%0.00
+12022-06-01same print as T07,087,6960.0000.00%0.00
+32022-06-01same print as T07,087,6960.0000.00%0.00
+72022-06-01same print as T07,087,6960.0000.00%0.00
+142022-06-01same print as T07,087,6960.0000.00%0.00
+302022-07-016,877,203-210,493-2.97%-0.34
+602022-07-016,877,203-210,493-2.97%-0.34
+902022-08-016,659,426-428,270-6.04%-0.69

One volatility unit for this series is 8.75%, the standard deviation of its own month-on-month percentage changes over the three years before the event (36 changes). It is not a significance test.

crude-only expected pre-tax price: the T0 bulletin-week price plus what the stored pass-through curves say crude alone would have done since

Unit: € per litrePublished: weeklyCalculatedMedium
T0−30−14T0+14+30+60+901.3421.0892022-05-02: 1.113 € per litre, used for offsets −302022-05-16: 1.164 € per litre, used for offsets −142022-05-23: 1.207 € per litre, used for offsets −7, −3same print as T0 — 2022-05-30, 1.241 € per litre, used for offsets −1, T0, +1, +32022-06-06: 1.291 € per litre, used for offsets +72022-06-13: 1.317 € per litre, used for offsets +142022-06-27: 1.294 € per litre, used for offsets +302022-07-25: 1.316 € per litre, used for offsets +602022-08-29: 1.294 € per litre, used for offsets +90

x: days from the event date. Each mark sits at the date the figure was published, which is how the as-of rule answers an offset.

Window table for crude-only expected pre-tax price: the T0 bulletin-week price plus what the stored pass-through curves say crude alone would have done since: value, change from the event date and change in volatility units at each offset.
OffsetPrint usedValueΔ absΔ %Volatility units
−302022-05-021.113-0.128-10.34%-0.11
−142022-05-161.164-0.077-6.23%-0.06
−72022-05-231.207-0.035-2.80%-0.03
−32022-05-231.207-0.035-2.80%-0.03
−12022-05-30same print as T01.2410.0000.00%0.00
T02022-05-30same print as T01.2410.0000.00%0.00
+12022-05-30same print as T01.2410.0000.00%0.00
+32022-05-30same print as T01.2410.0000.00%0.00
+72022-06-061.291+0.050+3.99%+0.04
+142022-06-131.317+0.076+6.13%+0.06
+302022-06-271.294+0.053+4.26%+0.04
+602022-07-251.316+0.075+6.02%+0.06
+902022-08-291.294+0.052+4.21%+0.04

One volatility unit for this series is 98.14%, the standard deviation of its own week-on-week percentage changes over the three years before the event (148 changes). It is not a significance test.

crude-only expected pre-tax price: the T0 bulletin-week price plus what the stored pass-through curves say crude alone would have done since

Unit: € per litrePublished: weeklyCalculatedMedium
T0−30−14T0+14+30+60+901.2561.0902022-05-02: 1.106 € per litre, used for offsets −302022-05-16: 1.136 € per litre, used for offsets −142022-05-23: 1.165 € per litre, used for offsets −7, −3same print as T0 — 2022-05-30, 1.188 € per litre, used for offsets −1, T0, +1, +32022-06-06: 1.222 € per litre, used for offsets +72022-06-13: 1.240 € per litre, used for offsets +142022-06-27: 1.205 € per litre, used for offsets +302022-07-25: 1.206 € per litre, used for offsets +602022-08-29: 1.152 € per litre, used for offsets +90

x: days from the event date. Each mark sits at the date the figure was published, which is how the as-of rule answers an offset.

Window table for crude-only expected pre-tax price: the T0 bulletin-week price plus what the stored pass-through curves say crude alone would have done since: value, change from the event date and change in volatility units at each offset.
OffsetPrint usedValueΔ absΔ %Volatility units
−302022-05-021.106-0.082-6.91%-2.83
−142022-05-161.136-0.052-4.39%-1.80
−72022-05-231.165-0.023-1.95%-0.80
−32022-05-231.165-0.023-1.95%-0.80
−12022-05-30same print as T01.1880.0000.00%0.00
T02022-05-30same print as T01.1880.0000.00%0.00
+12022-05-30same print as T01.1880.0000.00%0.00
+32022-05-30same print as T01.1880.0000.00%0.00
+72022-06-061.222+0.034+2.83%+1.16
+142022-06-131.240+0.052+4.36%+1.79
+302022-06-271.205+0.017+1.41%+0.58
+602022-07-251.206+0.017+1.45%+0.60
+902022-08-291.152-0.037-3.08%-1.26

One volatility unit for this series is 2.44%, the standard deviation of its own week-on-week percentage changes over the three years before the event (148 changes). It is not a significance test.

ECB euro foreign exchange reference rate

Unit: US dollars per euroPublished: dailyCalculatedOfficial
T0−30−14T0+14+30+60+901.0820.9952022-05-02: 1.052 US dollars per euro, used for offsets −302022-05-18: 1.052 US dollars per euro, used for offsets −142022-05-25: 1.066 US dollars per euro, used for offsets −72022-05-27: 1.072 US dollars per euro, used for offsets −32022-05-31: 1.071 US dollars per euro, used for offsets −1same print as T0 — 2022-06-01, 1.071 US dollars per euro, used for offsets T02022-06-02: 1.069 US dollars per euro, used for offsets +12022-06-03: 1.073 US dollars per euro, used for offsets +32022-06-08: 1.074 US dollars per euro, used for offsets +72022-06-15: 1.043 US dollars per euro, used for offsets +142022-07-01: 1.043 US dollars per euro, used for offsets +302022-07-29: 1.020 US dollars per euro, used for offsets +602022-08-30: 1.003 US dollars per euro, used for offsets +90

x: days from the event date. Each mark sits at the date the figure was published, which is how the as-of rule answers an offset.

Window table for ECB euro foreign exchange reference rate: value, change from the event date and change in volatility units at each offset.
OffsetPrint usedValueΔ absΔ %Volatility units
−302022-05-021.052-0.019-1.76%-4.20
−142022-05-181.052-0.019-1.76%-4.23
−72022-05-251.066-0.006-0.52%-1.25
−32022-05-271.072+0.001+0.09%+0.22
−12022-05-311.071+0.000+0.01%+0.02
T02022-06-01same print as T01.0710.0000.00%0.00
+12022-06-021.069-0.002-0.19%-0.45
+32022-06-031.073+0.002+0.17%+0.40
+72022-06-081.074+0.003+0.25%+0.60
+142022-06-151.043-0.028-2.62%-6.28
+302022-07-011.043-0.029-2.68%-6.42
+602022-07-291.020-0.051-4.80%-11.50
+902022-08-301.003-0.068-6.33%-15.16

One volatility unit for this series is 0.42%, the standard deviation of its own day-on-day percentage changes over the three years before the event (770 changes). It is not a significance test.

direct crude Hormuz exposure D1

Unit: % of imported tonnesPublished: monthlyUnknownUnknown
T0−30−14T0+14+30+60+9013.003.302022-05-01: 4.387 to 5.627 % of imported tonnes. No point estimate is published, so no midpoint is drawn.2022-06-01: 4.832 to 6.083 % of imported tonnes. No point estimate is published, so no midpoint is drawn.2022-07-01: 4.238 to 8.849 % of imported tonnes. No point estimate is published, so no midpoint is drawn.2022-08-01: 7.009 to 12.06 % of imported tonnes. No point estimate is published, so no midpoint is drawn.

x: days from the event date. Each mark sits at the date the figure was published, which is how the as-of rule answers an offset. At least one print used was published outside the −30 to +90 window; the axis is extended to show where it actually sits. The shaded band is the admissible range. No midpoint is drawn, because no point estimate is published.

Window table for direct crude Hormuz exposure D1: value, change from the event date and change in volatility units at each offset.
OffsetPrint usedValueΔ absΔ %Volatility units
−302022-05-014.387–5.627not publishednot publishednot published
−142022-05-014.387–5.627not publishednot publishednot published
−72022-05-014.387–5.627not publishednot publishednot published
−32022-05-014.387–5.627not publishednot publishednot published
−12022-05-014.387–5.627not publishednot publishednot published
T02022-06-014.832–6.083not publishednot publishednot published
+12022-06-014.832–6.083not publishednot publishednot published
+32022-06-014.832–6.083not publishednot publishednot published
+72022-06-014.832–6.083not publishednot publishednot published
+142022-06-014.832–6.083not publishednot publishednot published
+302022-07-014.238–8.849not publishednot publishednot published
+602022-07-014.238–8.849not publishednot publishednot published
+902022-08-017.009–12.06not publishednot publishednot published

No normal volatility is published for this series, so no change is expressed in volatility units. That is a missing input, not a zero.

direct refined-product Hormuz exposure D2

Unit: % of imported tonnesPublished: monthlyUnknownUnknown
T0−30−14T0+14+30+60+900.1150.0002022-05-01: 0 to 0.0506 % of imported tonnes. No point estimate is published, so no midpoint is drawn.2022-06-01: 0 to 0.1028 % of imported tonnes. No point estimate is published, so no midpoint is drawn.2022-07-01: 0 to 0.0981 % of imported tonnes. No point estimate is published, so no midpoint is drawn.2022-08-01: 0 to 0.0359 % of imported tonnes. No point estimate is published, so no midpoint is drawn.

x: days from the event date. Each mark sits at the date the figure was published, which is how the as-of rule answers an offset. At least one print used was published outside the −30 to +90 window; the axis is extended to show where it actually sits. The shaded band is the admissible range. No midpoint is drawn, because no point estimate is published.

Window table for direct refined-product Hormuz exposure D2: value, change from the event date and change in volatility units at each offset.
OffsetPrint usedValueΔ absΔ %Volatility units
−302022-05-010–0.0506not publishednot publishednot published
−142022-05-010–0.0506not publishednot publishednot published
−72022-05-010–0.0506not publishednot publishednot published
−32022-05-010–0.0506not publishednot publishednot published
−12022-05-010–0.0506not publishednot publishednot published
T02022-06-010–0.1028not publishednot publishednot published
+12022-06-010–0.1028not publishednot publishednot published
+32022-06-010–0.1028not publishednot publishednot published
+72022-06-010–0.1028not publishednot publishednot published
+142022-06-010–0.1028not publishednot publishednot published
+302022-07-010–0.0981not publishednot publishednot published
+602022-07-010–0.0981not publishednot publishednot published
+902022-08-010–0.0359not publishednot publishednot published

No normal volatility is published for this series, so no change is expressed in volatility units. That is a missing input, not a zero.

inventory exposure D7: published days of emergency stock cover, carried through

Unit: days of coverPublished: monthlyCalculatedOfficial
T0−30−14T0+14+30+60+90103.598.52022-05-01: 99.00 days of cover, used for offsets −30, −14, −7, −3, −1same print as T0 — 2022-06-01, 99.00 days of cover, used for offsets T0, +1, +3, +7, +142022-07-01: 103.0 days of cover, used for offsets +30, +602022-08-01: 103.0 days of cover, used for offsets +90

x: days from the event date. Each mark sits at the date the figure was published, which is how the as-of rule answers an offset. At least one print used was published outside the −30 to +90 window; the axis is extended to show where it actually sits.

Window table for inventory exposure D7: published days of emergency stock cover, carried through: value, change from the event date and change in volatility units at each offset.
OffsetPrint usedValueΔ absΔ %Volatility units
−302022-05-0199.000.0000.00%0.00
−142022-05-0199.000.0000.00%0.00
−72022-05-0199.000.0000.00%0.00
−32022-05-0199.000.0000.00%0.00
−12022-05-0199.000.0000.00%0.00
T02022-06-01same print as T099.000.0000.00%0.00
+12022-06-01same print as T099.000.0000.00%0.00
+32022-06-01same print as T099.000.0000.00%0.00
+72022-06-01same print as T099.000.0000.00%0.00
+142022-06-01same print as T099.000.0000.00%0.00
+302022-07-01103.0+4.000+4.04%+1.60
+602022-07-01103.0+4.000+4.04%+1.60
+902022-08-01103.0+4.000+4.04%+1.60

One volatility unit for this series is 2.52%, the standard deviation of its own month-on-month percentage changes over the three years before the event (36 changes). It is not a significance test.

crude cost per litre: Brent in EUR/L averaged over the bulletin week (refinery yield not modelled)

Unit: € per litrePublished: weeklyCalculatedOfficial
T0−30−14T0+14+30+60+900.7720.5802022-05-02: 0.6576 € per litre, used for offsets −302022-05-16: 0.6754 € per litre, used for offsets −142022-05-23: 0.6922 € per litre, used for offsets −7, −3same print as T0 — 2022-05-30, 0.7275 € per litre, used for offsets −1, T0, +1, +32022-06-06: 0.7496 € per litre, used for offsets +72022-06-13: 0.7533 € per litre, used for offsets +142022-06-27: 0.7214 € per litre, used for offsets +302022-07-25: 0.6761 € per litre, used for offsets +602022-08-29: 0.5990 € per litre, used for offsets +90

x: days from the event date. Each mark sits at the date the figure was published, which is how the as-of rule answers an offset.

Window table for crude cost per litre: Brent in EUR/L averaged over the bulletin week (refinery yield not modelled): value, change from the event date and change in volatility units at each offset.
OffsetPrint usedValueΔ absΔ %Volatility units
−302022-05-020.6576-0.070-9.62%-1.20
−142022-05-160.6754-0.052-7.17%-0.90
−72022-05-230.6922-0.035-4.85%-0.61
−32022-05-230.6922-0.035-4.85%-0.61
−12022-05-30same print as T00.72750.0000.00%0.00
T02022-05-30same print as T00.72750.0000.00%0.00
+12022-05-30same print as T00.72750.0000.00%0.00
+32022-05-30same print as T00.72750.0000.00%0.00
+72022-06-060.7496+0.022+3.04%+0.38
+142022-06-130.7533+0.026+3.54%+0.44
+302022-06-270.7214-0.006-0.84%-0.11
+602022-07-250.6761-0.051-7.07%-0.88
+902022-08-290.5990-0.129-17.67%-2.21

One volatility unit for this series is 8.00%, the standard deviation of its own week-on-week percentage changes over the three years before the event (148 changes). It is not a significance test.

crude cost per litre: Brent in EUR/L averaged over the bulletin week (refinery yield not modelled)

Unit: € per litrePublished: weeklyCalculatedOfficial
T0−30−14T0+14+30+60+900.7720.5802022-05-02: 0.6576 € per litre, used for offsets −302022-05-16: 0.6754 € per litre, used for offsets −142022-05-23: 0.6922 € per litre, used for offsets −7, −3same print as T0 — 2022-05-30, 0.7275 € per litre, used for offsets −1, T0, +1, +32022-06-06: 0.7496 € per litre, used for offsets +72022-06-13: 0.7533 € per litre, used for offsets +142022-06-27: 0.7214 € per litre, used for offsets +302022-07-25: 0.6761 € per litre, used for offsets +602022-08-29: 0.5990 € per litre, used for offsets +90

x: days from the event date. Each mark sits at the date the figure was published, which is how the as-of rule answers an offset.

Window table for crude cost per litre: Brent in EUR/L averaged over the bulletin week (refinery yield not modelled): value, change from the event date and change in volatility units at each offset.
OffsetPrint usedValueΔ absΔ %Volatility units
−302022-05-020.6576-0.070-9.62%-1.20
−142022-05-160.6754-0.052-7.17%-0.90
−72022-05-230.6922-0.035-4.85%-0.61
−32022-05-230.6922-0.035-4.85%-0.61
−12022-05-30same print as T00.72750.0000.00%0.00
T02022-05-30same print as T00.72750.0000.00%0.00
+12022-05-30same print as T00.72750.0000.00%0.00
+32022-05-30same print as T00.72750.0000.00%0.00
+72022-06-060.7496+0.022+3.04%+0.38
+142022-06-130.7533+0.026+3.54%+0.44
+302022-06-270.7214-0.006-0.84%-0.11
+602022-07-250.6761-0.051-7.07%-0.88
+902022-08-290.5990-0.129-17.67%-2.21

One volatility unit for this series is 8.00%, the standard deviation of its own week-on-week percentage changes over the three years before the event (148 changes). It is not a significance test.

national total oil stocks (Eurostat, commercial holders), with the published days of cover alongside

Unit: tonnesPublished: monthlyCalculatedOfficial
T0−30−14T0+14+30+60+9032,884,63631,755,4742022-05-01: 32,775,362 tonnes, used for offsets −30, −14, −7, −3, −1same print as T0 — 2022-06-01, 32,349,771 tonnes, used for offsets T0, +1, +3, +7, +142022-07-01: 31,994,294 tonnes, used for offsets +30, +602022-08-01: 31,864,748 tonnes, used for offsets +90

x: days from the event date. Each mark sits at the date the figure was published, which is how the as-of rule answers an offset. At least one print used was published outside the −30 to +90 window; the axis is extended to show where it actually sits.

Window table for national total oil stocks (Eurostat, commercial holders), with the published days of cover alongside: value, change from the event date and change in volatility units at each offset.
OffsetPrint usedValueΔ absΔ %Volatility units
−302022-05-0132,775,362+425,591+1.32%+0.97
−142022-05-0132,775,362+425,591+1.32%+0.97
−72022-05-0132,775,362+425,591+1.32%+0.97
−32022-05-0132,775,362+425,591+1.32%+0.97
−12022-05-0132,775,362+425,591+1.32%+0.97
T02022-06-01same print as T032,349,7710.0000.00%0.00
+12022-06-01same print as T032,349,7710.0000.00%0.00
+32022-06-01same print as T032,349,7710.0000.00%0.00
+72022-06-01same print as T032,349,7710.0000.00%0.00
+142022-06-01same print as T032,349,7710.0000.00%0.00
+302022-07-0131,994,294-355,477-1.10%-0.81
+602022-07-0131,994,294-355,477-1.10%-0.81
+902022-08-0131,864,748-485,023-1.50%-1.10

One volatility unit for this series is 1.36%, the standard deviation of its own month-on-month percentage changes over the three years before the event (36 changes). It is not a significance test.

not explained by crude: actual pre-tax change since T0 minus the crude-only expected change. Never attributed

Unit: € per litrePublished: weeklyCalculatedMedium
T0−30−14T0+14+30+60+900.181-0.0382022-05-02: 0.1602 € per litre, used for offsets −302022-05-16: 0.0790 € per litre, used for offsets −142022-05-23: 0.0121 € per litre, used for offsets −7, −3same print as T0 — 2022-05-30, 0 € per litre, used for offsets −1, T0, +1, +32022-06-06: 0.0430 € per litre, used for offsets +72022-06-13: 0.0677 € per litre, used for offsets +142022-06-27: 0.0968 € per litre, used for offsets +302022-07-25: -0.0167 € per litre, used for offsets +602022-08-29: 0.1217 € per litre, used for offsets +90

x: days from the event date. Each mark sits at the date the figure was published, which is how the as-of rule answers an offset.

Window table for not explained by crude: actual pre-tax change since T0 minus the crude-only expected change. Never attributed: value, change from the event date and change in volatility units at each offset.
OffsetPrint usedValueΔ absΔ %Volatility units
−302022-05-020.1602+0.160not publishednot published
−142022-05-160.0790+0.079not publishednot published
−72022-05-230.0121+0.012not publishednot published
−32022-05-230.0121+0.012not publishednot published
−12022-05-30same print as T000.000not publishednot published
T02022-05-30same print as T000.000not publishednot published
+12022-05-30same print as T000.000not publishednot published
+32022-05-30same print as T000.000not publishednot published
+72022-06-060.0430+0.043not publishednot published
+142022-06-130.0677+0.068not publishednot published
+302022-06-270.0968+0.097not publishednot published
+602022-07-25-0.0167-0.017not publishednot published
+902022-08-290.1217+0.122not publishednot published

No normal volatility is published for this series, so no change is expressed in volatility units. That is a missing input, not a zero.

not explained by crude: actual pre-tax change since T0 minus the crude-only expected change. Never attributed

Unit: € per litrePublished: weeklyCalculatedMedium
T0−30−14T0+14+30+60+900.115-0.0542022-05-02: -0.0305 € per litre, used for offsets −302022-05-16: 0.0001 € per litre, used for offsets −142022-05-23: -0.0096 € per litre, used for offsets −7, −3same print as T0 — 2022-05-30, 0 € per litre, used for offsets −1, T0, +1, +32022-06-06: 0.0988 € per litre, used for offsets +72022-06-13: 0.0874 € per litre, used for offsets +142022-06-27: 0.0569 € per litre, used for offsets +302022-07-25: -0.0378 € per litre, used for offsets +602022-08-29: 0.0321 € per litre, used for offsets +90

x: days from the event date. Each mark sits at the date the figure was published, which is how the as-of rule answers an offset.

Window table for not explained by crude: actual pre-tax change since T0 minus the crude-only expected change. Never attributed: value, change from the event date and change in volatility units at each offset.
OffsetPrint usedValueΔ absΔ %Volatility units
−302022-05-02-0.0305-0.031not publishednot published
−142022-05-160.0001+0.000not publishednot published
−72022-05-23-0.0096-0.010not publishednot published
−32022-05-23-0.0096-0.010not publishednot published
−12022-05-30same print as T000.000not publishednot published
T02022-05-30same print as T000.000not publishednot published
+12022-05-30same print as T000.000not publishednot published
+32022-05-30same print as T000.000not publishednot published
+72022-06-060.0988+0.099not publishednot published
+142022-06-130.0874+0.087not publishednot published
+302022-06-270.0569+0.057not publishednot published
+602022-07-25-0.0378-0.038not publishednot published
+902022-08-290.0321+0.032not publishednot published

No normal volatility is published for this series, so no change is expressed in volatility units. That is a missing input, not a zero.

Weekly Oil Bulletin price with taxes

Unit: € per litrePublished: weeklyCalculatedOfficial
T0−30−14T0+14+30+60+902.0941.9222022-05-02: 2.075 € per litre, used for offsets −302022-05-16: 2.039 € per litre, used for offsets −142022-05-23: 2.010 € per litre, used for offsets −7, −3same print as T0 — 2022-05-30, 2.037 € per litre, used for offsets −1, T0, +1, +32022-06-06: 1.980 € per litre, used for offsets +72022-06-13: 2.041 € per litre, used for offsets +142022-06-27: 2.048 € per litre, used for offsets +302022-07-25: 1.939 € per litre, used for offsets +602022-08-29: 2.077 € per litre, used for offsets +90

x: days from the event date. Each mark sits at the date the figure was published, which is how the as-of rule answers an offset.

Window table for Weekly Oil Bulletin price with taxes: value, change from the event date and change in volatility units at each offset.
OffsetPrint usedValueΔ absΔ %Volatility units
−302022-05-022.075+0.038+1.87%+0.76
−142022-05-162.039+0.002+0.10%+0.04
−72022-05-232.010-0.027-1.33%-0.54
−32022-05-232.010-0.027-1.33%-0.54
−12022-05-30same print as T02.0370.0000.00%0.00
T02022-05-30same print as T02.0370.0000.00%0.00
+12022-05-30same print as T02.0370.0000.00%0.00
+32022-05-30same print as T02.0370.0000.00%0.00
+72022-06-061.980-0.057-2.80%-1.14
+142022-06-132.041+0.004+0.20%+0.08
+302022-06-272.048+0.011+0.54%+0.22
+602022-07-251.939-0.098-4.81%-1.95
+902022-08-292.077+0.040+1.96%+0.80

One volatility unit for this series is 2.46%, the standard deviation of its own week-on-week percentage changes over the three years before the event (148 changes). It is not a significance test.

Weekly Oil Bulletin price with taxes

Unit: € per litrePublished: weeklyCalculatedOfficial
T0−30−14T0+14+30+60+902.2381.7722022-05-02: 2.059 € per litre, used for offsets −302022-05-16: 2.131 € per litre, used for offsets −142022-05-23: 2.154 € per litre, used for offsets −7, −3same print as T0 — 2022-05-30, 2.193 € per litre, used for offsets −1, T0, +1, +32022-06-06: 1.999 € per litre, used for offsets +72022-06-13: 2.007 € per litre, used for offsets +142022-06-27: 1.929 € per litre, used for offsets +302022-07-25: 1.817 € per litre, used for offsets +602022-08-29: 1.836 € per litre, used for offsets +90

x: days from the event date. Each mark sits at the date the figure was published, which is how the as-of rule answers an offset.

Window table for Weekly Oil Bulletin price with taxes: value, change from the event date and change in volatility units at each offset.
OffsetPrint usedValueΔ absΔ %Volatility units
−302022-05-022.059-0.134-6.11%-3.21
−142022-05-162.131-0.062-2.83%-1.49
−72022-05-232.154-0.039-1.78%-0.94
−32022-05-232.154-0.039-1.78%-0.94
−12022-05-30same print as T02.1930.0000.00%0.00
T02022-05-30same print as T02.1930.0000.00%0.00
+12022-05-30same print as T02.1930.0000.00%0.00
+32022-05-30same print as T02.1930.0000.00%0.00
+72022-06-061.999-0.194-8.85%-4.65
+142022-06-132.007-0.186-8.48%-4.46
+302022-06-271.929-0.264-12.04%-6.33
+602022-07-251.817-0.376-17.15%-9.02
+902022-08-291.836-0.357-16.28%-8.56

One volatility unit for this series is 1.90%, the standard deviation of its own week-on-week percentage changes over the three years before the event (148 changes). It is not a significance test.

Weekly Oil Bulletin price without taxes

Unit: € per litrePublished: weeklyCalculatedOfficial
T0−30−14T0+14+30+60+901.4391.1952022-05-02: 1.273 € per litre, used for offsets −302022-05-16: 1.243 € per litre, used for offsets −142022-05-23: 1.219 € per litre, used for offsets −7, −3same print as T0 — 2022-05-30, 1.241 € per litre, used for offsets −1, T0, +1, +32022-06-06: 1.334 € per litre, used for offsets +72022-06-13: 1.385 € per litre, used for offsets +142022-06-27: 1.391 € per litre, used for offsets +302022-07-25: 1.299 € per litre, used for offsets +602022-08-29: 1.415 € per litre, used for offsets +90

x: days from the event date. Each mark sits at the date the figure was published, which is how the as-of rule answers an offset.

Window table for Weekly Oil Bulletin price without taxes: value, change from the event date and change in volatility units at each offset.
OffsetPrint usedValueΔ absΔ %Volatility units
−302022-05-021.273+0.032+2.57%+0.68
−142022-05-161.243+0.002+0.14%+0.04
−72022-05-231.219-0.023-1.83%-0.48
−32022-05-231.219-0.023-1.83%-0.48
−12022-05-30same print as T01.2410.0000.00%0.00
T02022-05-30same print as T01.2410.0000.00%0.00
+12022-05-30same print as T01.2410.0000.00%0.00
+32022-05-30same print as T01.2410.0000.00%0.00
+72022-06-061.334+0.093+7.45%+1.97
+142022-06-131.385+0.144+11.58%+3.07
+302022-06-271.391+0.150+12.06%+3.19
+602022-07-251.299+0.058+4.68%+1.24
+902022-08-291.415+0.174+14.02%+3.71

One volatility unit for this series is 3.77%, the standard deviation of its own week-on-week percentage changes over the three years before the event (148 changes). It is not a significance test.

Weekly Oil Bulletin price without taxes

Unit: € per litrePublished: weeklyCalculatedOfficial
T0−30−14T0+14+30+60+901.3581.0462022-05-02: 1.076 € per litre, used for offsets −302022-05-16: 1.136 € per litre, used for offsets −142022-05-23: 1.156 € per litre, used for offsets −7, −3same print as T0 — 2022-05-30, 1.188 € per litre, used for offsets −1, T0, +1, +32022-06-06: 1.321 € per litre, used for offsets +72022-06-13: 1.328 € per litre, used for offsets +142022-06-27: 1.262 € per litre, used for offsets +302022-07-25: 1.168 € per litre, used for offsets +602022-08-29: 1.184 € per litre, used for offsets +90

x: days from the event date. Each mark sits at the date the figure was published, which is how the as-of rule answers an offset.

Window table for Weekly Oil Bulletin price without taxes: value, change from the event date and change in volatility units at each offset.
OffsetPrint usedValueΔ absΔ %Volatility units
−302022-05-021.076-0.113-9.48%-2.58
−142022-05-161.136-0.052-4.38%-1.20
−72022-05-231.156-0.033-2.76%-0.75
−32022-05-231.156-0.033-2.76%-0.75
−12022-05-30same print as T01.1880.0000.00%0.00
T02022-05-30same print as T01.1880.0000.00%0.00
+12022-05-30same print as T01.1880.0000.00%0.00
+32022-05-30same print as T01.1880.0000.00%0.00
+72022-06-061.321+0.132+11.15%+3.04
+142022-06-131.328+0.139+11.71%+3.19
+302022-06-271.262+0.074+6.20%+1.69
+602022-07-251.168-0.020-1.72%-0.47
+902022-08-291.184-0.004-0.38%-0.10

One volatility unit for this series is 3.67%, the standard deviation of its own week-on-week percentage changes over the three years before the event (148 changes). It is not a significance test.

total tax per litre: price with taxes minus price without taxes

Unit: € per litrePublished: weeklyCalculatedOfficial
T0−30−14T0+14+30+60+900.8210.6202022-05-02: 0.8017 € per litre, used for offsets −302022-05-16: 0.7960 € per litre, used for offsets −142022-05-23: 0.7913 € per litre, used for offsets −7, −3same print as T0 — 2022-05-30, 0.7956 € per litre, used for offsets −1, T0, +1, +32022-06-06: 0.6461 € per litre, used for offsets +72022-06-13: 0.6559 € per litre, used for offsets +142022-06-27: 0.6570 € per litre, used for offsets +302022-07-25: 0.6396 € per litre, used for offsets +602022-08-29: 0.6616 € per litre, used for offsets +90

x: days from the event date. Each mark sits at the date the figure was published, which is how the as-of rule answers an offset.

Window table for total tax per litre: price with taxes minus price without taxes: value, change from the event date and change in volatility units at each offset.
OffsetPrint usedValueΔ absΔ %Volatility units
−302022-05-020.8017+0.006+0.76%+0.71
−142022-05-160.7960+0.000+0.04%+0.04
−72022-05-230.7913-0.004-0.54%-0.51
−32022-05-230.7913-0.004-0.54%-0.51
−12022-05-30same print as T00.79560.0000.00%0.00
T02022-05-30same print as T00.79560.0000.00%0.00
+12022-05-30same print as T00.79560.0000.00%0.00
+32022-05-30same print as T00.79560.0000.00%0.00
+72022-06-060.6461-0.150-18.79%-17.55
+142022-06-130.6559-0.140-17.57%-16.41
+302022-06-270.6570-0.139-17.43%-16.28
+602022-07-250.6396-0.156-19.61%-18.32
+902022-08-290.6616-0.134-16.84%-15.73

One volatility unit for this series is 1.07%, the standard deviation of its own week-on-week percentage changes over the three years before the event (148 changes). It is not a significance test.

total tax per litre: price with taxes minus price without taxes

Unit: € per litrePublished: weeklyCalculatedOfficial
T0−30−14T0+14+30+60+901.0470.6062022-05-02: 0.9833 € per litre, used for offsets −302022-05-16: 0.9947 € per litre, used for offsets −142022-05-23: 0.9984 € per litre, used for offsets −7, −3same print as T0 — 2022-05-30, 1.005 € per litre, used for offsets −1, T0, +1, +32022-06-06: 0.6782 € per litre, used for offsets +72022-06-13: 0.6795 € per litre, used for offsets +142022-06-27: 0.6670 € per litre, used for offsets +302022-07-25: 0.6491 € per litre, used for offsets +602022-08-29: 0.6521 € per litre, used for offsets +90

x: days from the event date. Each mark sits at the date the figure was published, which is how the as-of rule answers an offset.

Window table for total tax per litre: price with taxes minus price without taxes: value, change from the event date and change in volatility units at each offset.
OffsetPrint usedValueΔ absΔ %Volatility units
−302022-05-020.9833-0.021-2.13%-2.85
−142022-05-160.9947-0.010-0.99%-1.32
−72022-05-230.9984-0.006-0.62%-0.83
−32022-05-230.9984-0.006-0.62%-0.83
−12022-05-30same print as T01.0050.0000.00%0.00
T02022-05-30same print as T01.0050.0000.00%0.00
+12022-05-30same print as T01.0050.0000.00%0.00
+32022-05-30same print as T01.0050.0000.00%0.00
+72022-06-060.6782-0.326-32.50%-43.46
+142022-06-130.6795-0.325-32.37%-43.29
+302022-06-270.6670-0.338-33.61%-44.95
+602022-07-250.6491-0.356-35.39%-47.33
+902022-08-290.6521-0.353-35.09%-46.93

One volatility unit for this series is 0.75%, the standard deviation of its own week-on-week percentage changes over the three years before the event (148 changes). It is not a significance test.

US proxy - not a European price: US diesel spot minus Brent spot, USD per barrel. A proxy for the Atlantic-basin product market, NOT a measure of European refining margins (§H).

Unit: $ per barrelPublished: dailyCalculatedLow
T0−30−14T0+14+30+60+9091.3534.482022-04-29: 85.85 $ per barrel, used for offsets −302022-05-18: 74.63 $ per barrel, used for offsets −142022-05-25: 54.28 $ per barrel, used for offsets −72022-05-27: 47.73 $ per barrel, used for offsets −32022-05-31: 42.22 $ per barrel, used for offsets −1same print as T0 — 2022-06-01, 55.80 $ per barrel, used for offsets T0, +12022-06-03: 60.04 $ per barrel, used for offsets +32022-06-08: 55.39 $ per barrel, used for offsets +72022-06-15: 67.36 $ per barrel, used for offsets +142022-07-01: 49.88 $ per barrel, used for offsets +302022-07-29: 39.98 $ per barrel, used for offsets +602022-08-30: 60.97 $ per barrel, used for offsets +90

x: days from the event date. Each mark sits at the date the figure was published, which is how the as-of rule answers an offset. At least one print used was published outside the −30 to +90 window; the axis is extended to show where it actually sits.

Window table for US proxy - not a European price: US diesel spot minus Brent spot, USD per barrel. A proxy for the Atlantic-basin product market, NOT a measure of European refining margins (§H).: value, change from the event date and change in volatility units at each offset.
OffsetPrint usedValueΔ absΔ %Volatility units
−302022-04-2985.85+30.052+53.86%+5.76
−142022-05-1874.63+18.838+33.76%+3.61
−72022-05-2554.28-1.518-2.72%-0.29
−32022-05-2747.73-8.062-14.45%-1.55
−12022-05-3142.22-13.578-24.34%-2.60
T02022-06-01same print as T055.800.0000.00%0.00
+12022-06-01same print as T055.800.0000.00%0.00
+32022-06-0360.04+4.248+7.61%+0.81
+72022-06-0855.39-0.406-0.73%-0.08
+142022-06-1567.36+11.562+20.72%+2.22
+302022-07-0149.88-5.914-10.60%-1.13
+602022-07-2939.98-15.812-28.34%-3.03
+902022-08-3060.97+5.178+9.28%+0.99

One volatility unit for this series is 9.34%, the standard deviation of its own day-on-day percentage changes over the three years before the event (747 changes). It is not a significance test.

US proxy - not a European price: US gasoline spot minus Brent spot, USD per barrel. A proxy for the Atlantic-basin product market, NOT a measure of European refining margins (§H).

Unit: $ per barrelPublished: dailyCalculatedLow
T0−30−14T0+14+30+60+9069.569.002022-04-29: 35.83 $ per barrel, used for offsets −302022-05-18: 48.89 $ per barrel, used for offsets −142022-05-25: 47.31 $ per barrel, used for offsets −72022-05-27: 51.09 $ per barrel, used for offsets −32022-05-31: 47.09 $ per barrel, used for offsets −1same print as T0 — 2022-06-01, 57.64 $ per barrel, used for offsets T0, +12022-06-03: 63.70 $ per barrel, used for offsets +32022-06-08: 54.93 $ per barrel, used for offsets +72022-06-15: 40.73 $ per barrel, used for offsets +142022-07-01: 40.89 $ per barrel, used for offsets +302022-07-29: 30.91 $ per barrel, used for offsets +602022-08-30: 14.86 $ per barrel, used for offsets +90

x: days from the event date. Each mark sits at the date the figure was published, which is how the as-of rule answers an offset. At least one print used was published outside the −30 to +90 window; the axis is extended to show where it actually sits.

Window table for US proxy - not a European price: US gasoline spot minus Brent spot, USD per barrel. A proxy for the Atlantic-basin product market, NOT a measure of European refining margins (§H).: value, change from the event date and change in volatility units at each offset.
OffsetPrint usedValueΔ absΔ %Volatility units
−302022-04-2935.83-21.818-37.85%-0.21
−142022-05-1848.89-8.756-15.19%-0.08
−72022-05-2547.31-10.338-17.93%-0.10
−32022-05-2751.09-6.550-11.36%-0.06
−12022-05-3147.09-10.554-18.31%-0.10
T02022-06-01same print as T057.640.0000.00%0.00
+12022-06-01same print as T057.640.0000.00%0.00
+32022-06-0363.70+6.054+10.50%+0.06
+72022-06-0854.93-2.716-4.71%-0.03
+142022-06-1540.73-16.914-29.34%-0.16
+302022-07-0140.89-16.750-29.06%-0.16
+602022-07-2930.91-26.732-46.37%-0.26
+902022-08-3014.86-42.786-74.22%-0.41

One volatility unit for this series is 181.24%, the standard deviation of its own day-on-day percentage changes over the three years before the event (747 changes). It is not a significance test.

US proxy - not a European price: US jet spot minus Brent spot, USD per barrel. A proxy for the Atlantic-basin product market, NOT a measure of European refining margins (§H).

Unit: $ per barrelPublished: dailyCalculatedLow
T0−30−14T0+14+30+60+9087.9225.322022-04-29: 81.86 $ per barrel, used for offsets −302022-05-18: 35.78 $ per barrel, used for offsets −142022-05-25: 40.71 $ per barrel, used for offsets −72022-05-27: 40.59 $ per barrel, used for offsets −32022-05-31: 34.70 $ per barrel, used for offsets −1same print as T0 — 2022-06-01, 42.99 $ per barrel, used for offsets T0, +12022-06-03: 46.69 $ per barrel, used for offsets +32022-06-08: 42.16 $ per barrel, used for offsets +72022-06-15: 56.44 $ per barrel, used for offsets +142022-07-01: 39.51 $ per barrel, used for offsets +302022-07-29: 31.37 $ per barrel, used for offsets +602022-08-30: 49.63 $ per barrel, used for offsets +90

x: days from the event date. Each mark sits at the date the figure was published, which is how the as-of rule answers an offset. At least one print used was published outside the −30 to +90 window; the axis is extended to show where it actually sits.

Window table for US proxy - not a European price: US jet spot minus Brent spot, USD per barrel. A proxy for the Atlantic-basin product market, NOT a measure of European refining margins (§H).: value, change from the event date and change in volatility units at each offset.
OffsetPrint usedValueΔ absΔ %Volatility units
−302022-04-2981.86+38.872+90.43%+0.52
−142022-05-1835.78-7.202-16.75%-0.10
−72022-05-2540.71-2.274-5.29%-0.03
−32022-05-2740.59-2.392-5.56%-0.03
−12022-05-3134.70-8.286-19.28%-0.11
T02022-06-01same print as T042.990.0000.00%0.00
+12022-06-01same print as T042.990.0000.00%0.00
+32022-06-0346.69+3.702+8.61%+0.05
+72022-06-0842.16-0.826-1.92%-0.01
+142022-06-1556.44+13.452+31.29%+0.18
+302022-07-0139.51-3.478-8.09%-0.05
+602022-07-2931.37-11.612-27.01%-0.15
+902022-08-3049.63+6.648+15.47%+0.09

One volatility unit for this series is 175.17%, the standard deviation of its own day-on-day percentage changes over the three years before the event (747 changes). It is not a significance test.

Not available: licence-blocked

A source exists and its licence does not permit us to republish it. These channels are not missing from the world, only from this page.

Arabian Gulf to north-west Europe dirty tanker rate

Tanker freight rates are licensed such that public display, onward passing and derived data are all expressly prohibited, verified verbatim, and no open institution publishes a tanker rate.

13 offsets in the window are affected.

EU refined-product benchmark

EU refined-product benchmarks (Platts / Argus) are proprietary with no redistribution grant. US crack spreads are not a valid EU proxy and are not substituted.

13 offsets in the window are affected.

EU refined-product benchmark

EU refined-product benchmarks (Platts / Argus) are proprietary with no redistribution grant. US crack spreads are not a valid EU proxy and are not substituted.

13 offsets in the window are affected.

north-west Europe refining margin / crack spread

No published refining-margin series is held, and computing a margin ourselves would need the licensed EU product benchmarks, which may not be republished.

13 offsets in the window are affected.

north-west Europe refining margin / crack spread

No published refining-margin series is held, and computing a margin ourselves would need the licensed EU product benchmarks, which may not be republished.

13 offsets in the window are affected.

wholesale / rack price

Wholesale / rack price series are proprietary with no redistribution grant.

13 offsets in the window are affected.

wholesale / rack price

Wholesale / rack price series are proprietary with no redistribution grant.

13 offsets in the window are affected.

Source
European Commission, Directorate-General for Energy (DG ENER)Unknown
Period 2022-04-29Updated 2026-09-25 14:09 UTCConfidenceUnknownMethodologyDownload CSV

T0 is 2022-06-01. The baseline window is -90 to -31 days. Offsets materialised: -30, -14, -7, -3, -1, 0, 1, 3, 7, 14, 30, 60, 90. Method 1.0, calculation event_study-1.0, computed 2026-09-25 14:09 UTC.

Is Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022 really the reason?

The question splits into dimensions that are measured separately and never added into one number. Each row says whether we can see that dimension at all, and gives one published figure where we can.

Of the eight price-transmission channels this site reports, 4 have data in this run Calculated - a count of the rows below, not a measurement.

Methodology §11.1 publishes the thresholds the sentences below use: all eight channels present for the full comparison, at least three for the claim to be testable here at all, and 2.0 volatility units for a move to be described as outside a series' normal variation. Those are published wording choices, not statistical tests.

Dimensions of exposure to Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022, each with its status and one published figure.
DimensionStatusPublished figure, or why there is none
Direct crude exposure (D1)Share of imported crude whose route requires the Strait of Hormuz.Range only4.238–8.849 % of imported tonnes at +30 d (2022-07) · no midpoint
Direct product exposure (D2)Share of imported refined product whose route requires the Strait of Hormuz.Range only0–0.0981 % of imported tonnes at +30 d (2022-07) · no midpoint
Emergency stock cover (D7)Days of cover the published emergency stocks amount to. A buffer against a supply disruption, not a share of imports, and not a price channel.Observed103.0 days of cover at +30 d (published 2022-07-01)+4.04% from the level at T0 = +1.60 volatility units
Crude benchmarkThe quoted crude price European cargoes are priced against.Observed119.2 $ per barrel at +30 d (published 2022-07-01)-2.45% from the level at T0 = -0.55 volatility units
Refined-product benchmarkThe quoted product price refineries and wholesalers price against.UnavailableEU refined-product benchmarks (Platts / Argus) are proprietary with no redistribution grant. US crack spreads are not a valid EU proxy and are not substituted.
Refining marginWhat refining a barrel into this product earned.UnavailableNo published refining-margin series is held, and computing a margin ourselves would need the licensed EU product benchmarks, which may not be republished.
Freight ratesWhat it cost to ship the cargo.UnavailableTanker freight rates are licensed such that public display, onward passing and derived data are all expressly prohibited, verified verbatim, and no open institution publishes a tanker rate.
InventoriesStocks held, which absorb or amplify a supply change.Observed31,994,294 tonnes at +30 d (published 2022-07-01)-1.10% from the level at T0 = -0.81 volatility units
Wholesale pricesThe price between the refinery gate and the forecourt.UnavailableWholesale / rack price series are proprietary with no redistribution grant.
Pump price before taxThe pump price with excise, VAT and other fuel taxes stripped out.Observed1.391 € per litre at +30 d (published 2022-06-27)+12.06% from the level at T0 = +3.19 volatility units
Pump price with taxWhat a driver actually paid.Observed2.048 € per litre at +30 d (published 2022-06-27)+0.54% from the level at T0 = +0.22 volatility units

Physical exposure to the Strait of Hormuz and price exposure are different questions. A country with almost no direct physical exposure can still see its pump price move, because crude is priced globally - and a series that moved in this window may have moved for other reasons.

What the pump price did around this date

The decomposition page can be pinned to the weeks around the event date, so the pump move can be split into tax, input cost and the part the input cost does not account for.

Price decomposition, 2022-05-25 to 2022-07-01 →

The window is the published event date minus 7 days to plus 30 days. It is a window for looking, not a claim that the event caused what is inside it.

Actual vs crude-only: Germany, petrol (euro-super 95)

What the pre-tax price did from four weeks before to thirteen weeks after the event week, next to what it would have done had it followed only the crude input cost at the speed the stored pass-through estimate measures. The shaded difference is not explained by crude; it is not attributed to the event or to anything else. No fuel is selected, so petrol is shown.

2022-06-272022-08-29-20-1001020c/L since the anchor week
  • Actual pre-tax change(official prices)
  • What crude alone would have done(calculated, with range)
  • Shaded: not explained by crude(not attributed to any cause)

Changes are measured from the bulletin week of 2022-05-30. Crude response taken from the stored pass-through estimate over the full sample (2005-01-03 to 2026-09-14). The light band is a conservative range, not a 90% interval. The shaded area is not explained by crude: refining margins, freight, retail margins and model error are all inside it, and none is named as its cause.

  • Over the 4 weeks after Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022, crude costs alone would have moved Germany's pre-tax petrol price by +1.7 c/L (range -0.6–+3.9); it actually moved +7.4 c/L, leaving +5.7 c/L not explained by crude.
  • Over the 13 weeks after Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022, crude costs alone would have moved Germany's pre-tax petrol price by -3.7 c/L (range -10.2–+2.9); it actually moved -0.4 c/L, leaving +3.2 c/L not explained by crude.

What the numbers support, sentence by sentence

Each sentence comes from a fixed template, chosen by published thresholds. Open “why this sentence” to see the numbers that selected it. None of this text is written by a language model, and none of it attributes cause.

  1. In the 7 days after Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022, Germany's pre-tax petrol price moved +11.1%, which is 3.0 times its normal week-to-week variation over the previous three years — outside that range.

    about GermanyCalculatedOfficial
    Why this sentence
    Variables
    t0
    2022-06-01T00:00:00+00:00
    fuel
    petrol
    unit
    EUR/L
    event
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    value
    1.32083
    status
    OBSERVED
    country
    Germany
    z_score
    3.004322778909476
    t0_value
    1.1883599999999999
    fuel_type
    EURO_SUPER_95
    change_pct
    11.147295432360572
    event_name
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    event_slug
    de-tankrabatt-2022
    event_type
    TAX_CHANGE
    offset_days
    7
    series_code
    RETAIL_PRETAX_DE_EURO_SUPER_95
    series_kind
    pre-tax
    country_iso2
    DE
    country_name
    Germany
    country_slug
    germany
    variation_label
    week-to-week
    observation_date
    2022-06-06
    same_observation
    false
    volatility_units
    3.0384615524693883
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.1324700000000001
    change_pct_from_t0
    11.147295432360572
    observation_gap_days
    2
    normal_volatility_pct
    3.668730125382384
    change_in_volatility_units
    3.0384615524693883
    Thresholds
    source
    v1 choice of this module; docs/PRICE_MODEL.md §2.2 requires the comparison but publishes no cut-off
    volatility_definition
    sample sd of period-over-period % changes over the 3 years before T0, at the series' own frequency (week-to-week)
    unusual_move_volatility_units
    2
    Inputs
    t0
    2022-06-01T00:00:00+00:00
    fuel
    petrol
    unit
    EUR/L
    event
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    value
    1.32083
    status
    OBSERVED
    country
    Germany
    z_score
    3.004322778909476
    t0_value
    1.1883599999999999
    fuel_type
    EURO_SUPER_95
    change_pct
    11.147295432360572
    event_name
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    event_slug
    de-tankrabatt-2022
    event_type
    TAX_CHANGE
    source_ids
    ["ec_weekly_oil_bulletin","ecb_exr_reference_rates","eia_brent_rbrte","eia_us_product_spot","eurostat_nrg_stk_oem","eurostat_nrg_stk_oilm","eurostat_nrg_ti_oilm","reference_hormuz_v1"]
    offset_days
    7
    series_code
    RETAIL_PRETAX_DE_EURO_SUPER_95
    series_kind
    pre-tax
    country_iso2
    DE
    country_name
    Germany
    country_slug
    germany
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2022-06-06
    same_observation
    false
    volatility_units
    3.0384615524693883
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.1324700000000001
    change_pct_from_t0
    11.147295432360572
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    2
    normal_volatility_pct
    3.668730125382384
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    3.0384615524693883

    Template event.price_move.outside_normal v1.1 · Fingerprint f7fd488aa782da4980e46a8e06b5f1ed2ec3cbeea83b8e4915699d067a6b8b81 · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  2. In the 30 days after Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022, Germany's pre-tax petrol price moved +6.2%, which is 1.7 times its normal week-to-week variation over the previous three years — within that range.

    about GermanyCalculatedOfficial
    Why this sentence
    Variables
    t0
    2022-06-01T00:00:00+00:00
    fuel
    petrol
    unit
    EUR/L
    event
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    value
    1.26201
    status
    OBSERVED
    country
    Germany
    z_score
    2.1619667278449985
    t0_value
    1.1883599999999999
    fuel_type
    EURO_SUPER_95
    change_pct
    6.197616883772613
    event_name
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    event_slug
    de-tankrabatt-2022
    event_type
    TAX_CHANGE
    offset_days
    30
    series_code
    RETAIL_PRETAX_DE_EURO_SUPER_95
    series_kind
    pre-tax
    country_iso2
    DE
    country_name
    Germany
    country_slug
    germany
    variation_label
    week-to-week
    observation_date
    2022-06-27
    same_observation
    false
    volatility_units
    1.6893084724040988
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.07365000000000022
    change_pct_from_t0
    6.197616883772613
    observation_gap_days
    4
    normal_volatility_pct
    3.668730125382384
    change_in_volatility_units
    1.6893084724040988
    Thresholds
    source
    v1 choice of this module; docs/PRICE_MODEL.md §2.2 requires the comparison but publishes no cut-off
    volatility_definition
    sample sd of period-over-period % changes over the 3 years before T0, at the series' own frequency (week-to-week)
    unusual_move_volatility_units
    2
    Inputs
    t0
    2022-06-01T00:00:00+00:00
    fuel
    petrol
    unit
    EUR/L
    event
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    value
    1.26201
    status
    OBSERVED
    country
    Germany
    z_score
    2.1619667278449985
    t0_value
    1.1883599999999999
    fuel_type
    EURO_SUPER_95
    change_pct
    6.197616883772613
    event_name
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    event_slug
    de-tankrabatt-2022
    event_type
    TAX_CHANGE
    source_ids
    ["ec_weekly_oil_bulletin","ecb_exr_reference_rates","eia_brent_rbrte","eia_us_product_spot","eurostat_nrg_stk_oem","eurostat_nrg_stk_oilm","eurostat_nrg_ti_oilm","reference_hormuz_v1"]
    offset_days
    30
    series_code
    RETAIL_PRETAX_DE_EURO_SUPER_95
    series_kind
    pre-tax
    country_iso2
    DE
    country_name
    Germany
    country_slug
    germany
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2022-06-27
    same_observation
    false
    volatility_units
    1.6893084724040988
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.07365000000000022
    change_pct_from_t0
    6.197616883772613
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    4
    normal_volatility_pct
    3.668730125382384
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    1.6893084724040988

    Template event.price_move.within_normal v1.1 · Fingerprint 909ae6aabe2a8d924b488747855b14c0fc65d3431bf02bba20345e0d1b2dff8b · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  3. In the 90 days after Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022, Germany's pre-tax petrol price moved -0.4%, which is 0.1 times its normal week-to-week variation over the previous three years — within that range.

    about GermanyCalculatedOfficial
    Why this sentence
    Variables
    t0
    2022-06-01T00:00:00+00:00
    fuel
    petrol
    unit
    EUR/L
    event
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    value
    1.18386
    status
    OBSERVED
    country
    Germany
    z_score
    1.0427874454463382
    t0_value
    1.1883599999999999
    fuel_type
    EURO_SUPER_95
    change_pct
    -0.3786731293547367
    event_name
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    event_slug
    de-tankrabatt-2022
    event_type
    TAX_CHANGE
    offset_days
    90
    series_code
    RETAIL_PRETAX_DE_EURO_SUPER_95
    series_kind
    pre-tax
    country_iso2
    DE
    country_name
    Germany
    country_slug
    germany
    variation_label
    week-to-week
    observation_date
    2022-08-29
    same_observation
    false
    volatility_units
    -0.10321640360921025
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.0044999999999999485
    change_pct_from_t0
    -0.3786731293547367
    observation_gap_days
    1
    normal_volatility_pct
    3.668730125382384
    change_in_volatility_units
    -0.10321640360921025
    Thresholds
    source
    v1 choice of this module; docs/PRICE_MODEL.md §2.2 requires the comparison but publishes no cut-off
    volatility_definition
    sample sd of period-over-period % changes over the 3 years before T0, at the series' own frequency (week-to-week)
    unusual_move_volatility_units
    2
    Inputs
    t0
    2022-06-01T00:00:00+00:00
    fuel
    petrol
    unit
    EUR/L
    event
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    value
    1.18386
    status
    OBSERVED
    country
    Germany
    z_score
    1.0427874454463382
    t0_value
    1.1883599999999999
    fuel_type
    EURO_SUPER_95
    change_pct
    -0.3786731293547367
    event_name
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    event_slug
    de-tankrabatt-2022
    event_type
    TAX_CHANGE
    source_ids
    ["ec_weekly_oil_bulletin","ecb_exr_reference_rates","eia_brent_rbrte","eia_us_product_spot","eurostat_nrg_stk_oem","eurostat_nrg_stk_oilm","eurostat_nrg_ti_oilm","reference_hormuz_v1"]
    offset_days
    90
    series_code
    RETAIL_PRETAX_DE_EURO_SUPER_95
    series_kind
    pre-tax
    country_iso2
    DE
    country_name
    Germany
    country_slug
    germany
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2022-08-29
    same_observation
    false
    volatility_units
    -0.10321640360921025
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.0044999999999999485
    change_pct_from_t0
    -0.3786731293547367
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    1
    normal_volatility_pct
    3.668730125382384
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    -0.10321640360921025

    Template event.price_move.within_normal v1.1 · Fingerprint 50ea3e1399028a449059dc118c5ccf375e9d812019eaf316212568f7eade4c32 · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  4. In the 7 days after Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022, Germany's tax-inclusive petrol price moved -8.8%, which is 4.7 times its normal week-to-week variation over the previous three years — outside that range.

    about GermanyCalculatedOfficial
    Why this sentence
    Variables
    t0
    2022-06-01T00:00:00+00:00
    fuel
    petrol
    unit
    EUR/L
    event
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    value
    1.999
    status
    OBSERVED
    country
    Germany
    z_score
    -1.2275206680301745
    t0_value
    2.193
    fuel_type
    EURO_SUPER_95
    change_pct
    -8.846329229366162
    event_name
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    event_slug
    de-tankrabatt-2022
    event_type
    TAX_CHANGE
    offset_days
    7
    series_code
    RETAIL_INCLTAX_DE_EURO_SUPER_95
    series_kind
    tax-inclusive
    country_iso2
    DE
    country_name
    Germany
    country_slug
    germany
    variation_label
    week-to-week
    observation_date
    2022-06-06
    same_observation
    false
    volatility_units
    -4.6534816002375
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.19399999999999995
    change_pct_from_t0
    -8.846329229366162
    observation_gap_days
    2
    normal_volatility_pct
    1.9010130455688643
    change_in_volatility_units
    -4.6534816002375
    Thresholds
    source
    v1 choice of this module; docs/PRICE_MODEL.md §2.2 requires the comparison but publishes no cut-off
    volatility_definition
    sample sd of period-over-period % changes over the 3 years before T0, at the series' own frequency (week-to-week)
    unusual_move_volatility_units
    2
    Inputs
    t0
    2022-06-01T00:00:00+00:00
    fuel
    petrol
    unit
    EUR/L
    event
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    value
    1.999
    status
    OBSERVED
    country
    Germany
    z_score
    -1.2275206680301745
    t0_value
    2.193
    fuel_type
    EURO_SUPER_95
    change_pct
    -8.846329229366162
    event_name
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    event_slug
    de-tankrabatt-2022
    event_type
    TAX_CHANGE
    source_ids
    ["ec_weekly_oil_bulletin","ecb_exr_reference_rates","eia_brent_rbrte","eia_us_product_spot","eurostat_nrg_stk_oem","eurostat_nrg_stk_oilm","eurostat_nrg_ti_oilm","reference_hormuz_v1"]
    offset_days
    7
    series_code
    RETAIL_INCLTAX_DE_EURO_SUPER_95
    series_kind
    tax-inclusive
    country_iso2
    DE
    country_name
    Germany
    country_slug
    germany
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2022-06-06
    same_observation
    false
    volatility_units
    -4.6534816002375
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.19399999999999995
    change_pct_from_t0
    -8.846329229366162
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    2
    normal_volatility_pct
    1.9010130455688643
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    -4.6534816002375

    Template event.price_move.outside_normal v1.1 · Fingerprint ccd9c1a6287a82ae2c6721de2f4e470f912c9e9a4cb4f058dba8ee9927e4c2a8 · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  5. In the 30 days after Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022, Germany's tax-inclusive petrol price moved -12.0%, which is 6.3 times its normal week-to-week variation over the previous three years — outside that range.

    about GermanyCalculatedOfficial
    Why this sentence
    Variables
    t0
    2022-06-01T00:00:00+00:00
    fuel
    petrol
    unit
    EUR/L
    event
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    value
    1.929
    status
    OBSERVED
    country
    Germany
    z_score
    -2.0699368127567666
    t0_value
    2.193
    fuel_type
    EURO_SUPER_95
    change_pct
    -12.038303693570452
    event_name
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    event_slug
    de-tankrabatt-2022
    event_type
    TAX_CHANGE
    offset_days
    30
    series_code
    RETAIL_INCLTAX_DE_EURO_SUPER_95
    series_kind
    tax-inclusive
    country_iso2
    DE
    country_name
    Germany
    country_slug
    germany
    variation_label
    week-to-week
    observation_date
    2022-06-27
    same_observation
    false
    volatility_units
    -6.33257289929227
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.264
    change_pct_from_t0
    -12.038303693570452
    observation_gap_days
    4
    normal_volatility_pct
    1.9010130455688643
    change_in_volatility_units
    -6.33257289929227
    Thresholds
    source
    v1 choice of this module; docs/PRICE_MODEL.md §2.2 requires the comparison but publishes no cut-off
    volatility_definition
    sample sd of period-over-period % changes over the 3 years before T0, at the series' own frequency (week-to-week)
    unusual_move_volatility_units
    2
    Inputs
    t0
    2022-06-01T00:00:00+00:00
    fuel
    petrol
    unit
    EUR/L
    event
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    value
    1.929
    status
    OBSERVED
    country
    Germany
    z_score
    -2.0699368127567666
    t0_value
    2.193
    fuel_type
    EURO_SUPER_95
    change_pct
    -12.038303693570452
    event_name
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    event_slug
    de-tankrabatt-2022
    event_type
    TAX_CHANGE
    source_ids
    ["ec_weekly_oil_bulletin","ecb_exr_reference_rates","eia_brent_rbrte","eia_us_product_spot","eurostat_nrg_stk_oem","eurostat_nrg_stk_oilm","eurostat_nrg_ti_oilm","reference_hormuz_v1"]
    offset_days
    30
    series_code
    RETAIL_INCLTAX_DE_EURO_SUPER_95
    series_kind
    tax-inclusive
    country_iso2
    DE
    country_name
    Germany
    country_slug
    germany
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2022-06-27
    same_observation
    false
    volatility_units
    -6.33257289929227
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.264
    change_pct_from_t0
    -12.038303693570452
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    4
    normal_volatility_pct
    1.9010130455688643
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    -6.33257289929227

    Template event.price_move.outside_normal v1.1 · Fingerprint bb7b8f70f9dc306067a1f8d97520d3440833160f648a5243e91bda5b2bcd631d · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  6. In the 90 days after Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022, Germany's tax-inclusive petrol price moved -16.3%, which is 8.6 times its normal week-to-week variation over the previous three years — outside that range.

    about GermanyCalculatedOfficial
    Why this sentence
    Variables
    t0
    2022-06-01T00:00:00+00:00
    fuel
    petrol
    unit
    EUR/L
    event
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    value
    1.836
    status
    OBSERVED
    country
    Germany
    z_score
    -3.1891468336078095
    t0_value
    2.193
    fuel_type
    EURO_SUPER_95
    change_pct
    -16.279069767441857
    event_name
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    event_slug
    de-tankrabatt-2022
    event_type
    TAX_CHANGE
    offset_days
    90
    series_code
    RETAIL_INCLTAX_DE_EURO_SUPER_95
    series_kind
    tax-inclusive
    country_iso2
    DE
    country_name
    Germany
    country_slug
    germany
    variation_label
    week-to-week
    observation_date
    2022-08-29
    same_observation
    false
    volatility_units
    -8.563365625179319
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.357
    change_pct_from_t0
    -16.279069767441857
    observation_gap_days
    1
    normal_volatility_pct
    1.9010130455688643
    change_in_volatility_units
    -8.563365625179319
    Thresholds
    source
    v1 choice of this module; docs/PRICE_MODEL.md §2.2 requires the comparison but publishes no cut-off
    volatility_definition
    sample sd of period-over-period % changes over the 3 years before T0, at the series' own frequency (week-to-week)
    unusual_move_volatility_units
    2
    Inputs
    t0
    2022-06-01T00:00:00+00:00
    fuel
    petrol
    unit
    EUR/L
    event
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    value
    1.836
    status
    OBSERVED
    country
    Germany
    z_score
    -3.1891468336078095
    t0_value
    2.193
    fuel_type
    EURO_SUPER_95
    change_pct
    -16.279069767441857
    event_name
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    event_slug
    de-tankrabatt-2022
    event_type
    TAX_CHANGE
    source_ids
    ["ec_weekly_oil_bulletin","ecb_exr_reference_rates","eia_brent_rbrte","eia_us_product_spot","eurostat_nrg_stk_oem","eurostat_nrg_stk_oilm","eurostat_nrg_ti_oilm","reference_hormuz_v1"]
    offset_days
    90
    series_code
    RETAIL_INCLTAX_DE_EURO_SUPER_95
    series_kind
    tax-inclusive
    country_iso2
    DE
    country_name
    Germany
    country_slug
    germany
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2022-08-29
    same_observation
    false
    volatility_units
    -8.563365625179319
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.357
    change_pct_from_t0
    -16.279069767441857
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    1
    normal_volatility_pct
    1.9010130455688643
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    -8.563365625179319

    Template event.price_move.outside_normal v1.1 · Fingerprint f2138f79f3c507c8735f07dbd9cb9c7b95d14571c52c1a351dbd8b4a13f48c8f · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  7. In the 7 days after Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022, Germany's tax-component petrol price moved -32.5%, which is 43.5 times its normal week-to-week variation over the previous three years — outside that range.

    about GermanyCalculatedOfficial
    Why this sentence
    Variables
    t0
    2022-06-01T00:00:00+00:00
    fuel
    petrol
    unit
    EUR/L
    event
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    value
    0.67817
    status
    OBSERVED
    country
    Germany
    z_score
    -23.50196203581737
    t0_value
    1.0046400000000002
    fuel_type
    EURO_SUPER_95
    change_pct
    -32.49621755056538
    event_name
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    event_slug
    de-tankrabatt-2022
    event_type
    TAX_CHANGE
    offset_days
    7
    series_code
    TAX_COMPONENT_DE_EURO_SUPER_95
    series_kind
    tax-component
    country_iso2
    DE
    country_name
    Germany
    country_slug
    germany
    variation_label
    week-to-week
    observation_date
    2022-06-06
    same_observation
    false
    volatility_units
    -43.463648213946946
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.32647000000000015
    change_pct_from_t0
    -32.49621755056538
    observation_gap_days
    2
    normal_volatility_pct
    0.7476642869601027
    change_in_volatility_units
    -43.463648213946946
    Thresholds
    source
    v1 choice of this module; docs/PRICE_MODEL.md §2.2 requires the comparison but publishes no cut-off
    volatility_definition
    sample sd of period-over-period % changes over the 3 years before T0, at the series' own frequency (week-to-week)
    unusual_move_volatility_units
    2
    Inputs
    t0
    2022-06-01T00:00:00+00:00
    fuel
    petrol
    unit
    EUR/L
    event
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    value
    0.67817
    status
    OBSERVED
    country
    Germany
    z_score
    -23.50196203581737
    t0_value
    1.0046400000000002
    fuel_type
    EURO_SUPER_95
    change_pct
    -32.49621755056538
    event_name
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    event_slug
    de-tankrabatt-2022
    event_type
    TAX_CHANGE
    source_ids
    ["ec_weekly_oil_bulletin","ecb_exr_reference_rates","eia_brent_rbrte","eia_us_product_spot","eurostat_nrg_stk_oem","eurostat_nrg_stk_oilm","eurostat_nrg_ti_oilm","reference_hormuz_v1"]
    offset_days
    7
    series_code
    TAX_COMPONENT_DE_EURO_SUPER_95
    series_kind
    tax-component
    country_iso2
    DE
    country_name
    Germany
    country_slug
    germany
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2022-06-06
    same_observation
    false
    volatility_units
    -43.463648213946946
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.32647000000000015
    change_pct_from_t0
    -32.49621755056538
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    2
    normal_volatility_pct
    0.7476642869601027
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    -43.463648213946946

    Template event.price_move.outside_normal v1.1 · Fingerprint 39614584e0fc23cf325f5c1f2b1da73e4b303e31eaa5442807a67173621d676b · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  8. In the 30 days after Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022, Germany's tax-component petrol price moved -33.6%, which is 45.0 times its normal week-to-week variation over the previous three years — outside that range.

    about GermanyCalculatedOfficial
    Why this sentence
    Variables
    t0
    2022-06-01T00:00:00+00:00
    fuel
    petrol
    unit
    EUR/L
    event
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    value
    0.66699
    status
    OBSERVED
    country
    Germany
    z_score
    -24.344694475186483
    t0_value
    1.0046400000000002
    fuel_type
    EURO_SUPER_95
    change_pct
    -33.609053989488785
    event_name
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    event_slug
    de-tankrabatt-2022
    event_type
    TAX_CHANGE
    offset_days
    30
    series_code
    TAX_COMPONENT_DE_EURO_SUPER_95
    series_kind
    tax-component
    country_iso2
    DE
    country_name
    Germany
    country_slug
    germany
    variation_label
    week-to-week
    observation_date
    2022-06-27
    same_observation
    false
    volatility_units
    -44.95206548668848
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.3376500000000002
    change_pct_from_t0
    -33.609053989488785
    observation_gap_days
    4
    normal_volatility_pct
    0.7476642869601027
    change_in_volatility_units
    -44.95206548668848
    Thresholds
    source
    v1 choice of this module; docs/PRICE_MODEL.md §2.2 requires the comparison but publishes no cut-off
    volatility_definition
    sample sd of period-over-period % changes over the 3 years before T0, at the series' own frequency (week-to-week)
    unusual_move_volatility_units
    2
    Inputs
    t0
    2022-06-01T00:00:00+00:00
    fuel
    petrol
    unit
    EUR/L
    event
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    value
    0.66699
    status
    OBSERVED
    country
    Germany
    z_score
    -24.344694475186483
    t0_value
    1.0046400000000002
    fuel_type
    EURO_SUPER_95
    change_pct
    -33.609053989488785
    event_name
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    event_slug
    de-tankrabatt-2022
    event_type
    TAX_CHANGE
    source_ids
    ["ec_weekly_oil_bulletin","ecb_exr_reference_rates","eia_brent_rbrte","eia_us_product_spot","eurostat_nrg_stk_oem","eurostat_nrg_stk_oilm","eurostat_nrg_ti_oilm","reference_hormuz_v1"]
    offset_days
    30
    series_code
    TAX_COMPONENT_DE_EURO_SUPER_95
    series_kind
    tax-component
    country_iso2
    DE
    country_name
    Germany
    country_slug
    germany
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2022-06-27
    same_observation
    false
    volatility_units
    -44.95206548668848
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.3376500000000002
    change_pct_from_t0
    -33.609053989488785
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    4
    normal_volatility_pct
    0.7476642869601027
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    -44.95206548668848

    Template event.price_move.outside_normal v1.1 · Fingerprint 5a2f45ec8c6d8f62a6cf4f4c9fec50ce22e26d3409ab49e8fdc15d392ed18653 · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  9. In the 90 days after Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022, Germany's tax-component petrol price moved -35.1%, which is 46.9 times its normal week-to-week variation over the previous three years — outside that range.

    about GermanyCalculatedOfficial
    Why this sentence
    Variables
    t0
    2022-06-01T00:00:00+00:00
    fuel
    petrol
    unit
    EUR/L
    event
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    value
    0.65214
    status
    OBSERVED
    country
    Germany
    z_score
    -25.46406627524293
    t0_value
    1.0046400000000002
    fuel_type
    EURO_SUPER_95
    change_pct
    -35.08719541328238
    event_name
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    event_slug
    de-tankrabatt-2022
    event_type
    TAX_CHANGE
    offset_days
    90
    series_code
    TAX_COMPONENT_DE_EURO_SUPER_95
    series_kind
    tax-component
    country_iso2
    DE
    country_name
    Germany
    country_slug
    germany
    variation_label
    week-to-week
    observation_date
    2022-08-29
    same_observation
    false
    volatility_units
    -46.92907769600974
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.35250000000000015
    change_pct_from_t0
    -35.08719541328238
    observation_gap_days
    1
    normal_volatility_pct
    0.7476642869601027
    change_in_volatility_units
    -46.92907769600974
    Thresholds
    source
    v1 choice of this module; docs/PRICE_MODEL.md §2.2 requires the comparison but publishes no cut-off
    volatility_definition
    sample sd of period-over-period % changes over the 3 years before T0, at the series' own frequency (week-to-week)
    unusual_move_volatility_units
    2
    Inputs
    t0
    2022-06-01T00:00:00+00:00
    fuel
    petrol
    unit
    EUR/L
    event
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    value
    0.65214
    status
    OBSERVED
    country
    Germany
    z_score
    -25.46406627524293
    t0_value
    1.0046400000000002
    fuel_type
    EURO_SUPER_95
    change_pct
    -35.08719541328238
    event_name
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    event_slug
    de-tankrabatt-2022
    event_type
    TAX_CHANGE
    source_ids
    ["ec_weekly_oil_bulletin","ecb_exr_reference_rates","eia_brent_rbrte","eia_us_product_spot","eurostat_nrg_stk_oem","eurostat_nrg_stk_oilm","eurostat_nrg_ti_oilm","reference_hormuz_v1"]
    offset_days
    90
    series_code
    TAX_COMPONENT_DE_EURO_SUPER_95
    series_kind
    tax-component
    country_iso2
    DE
    country_name
    Germany
    country_slug
    germany
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2022-08-29
    same_observation
    false
    volatility_units
    -46.92907769600974
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.35250000000000015
    change_pct_from_t0
    -35.08719541328238
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    1
    normal_volatility_pct
    0.7476642869601027
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    -46.92907769600974

    Template event.price_move.outside_normal v1.1 · Fingerprint 99be20fac620cf99c2177b99a561b77b6ac41c3e0bc33c2a299fd58c24ad6620 · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  10. In the 7 days after Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022, Germany's pre-tax diesel price moved +7.5%, which is 2.0 times its normal week-to-week variation over the previous three years — within that range.

    about GermanyCalculatedOfficial
    Why this sentence
    Variables
    t0
    2022-06-01T00:00:00+00:00
    fuel
    diesel
    unit
    EUR/L
    event
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    value
    1.33387
    status
    OBSERVED
    country
    Germany
    z_score
    0.3023182859354713
    t0_value
    1.24136
    fuel_type
    DIESEL
    change_pct
    7.4523103692724
    event_name
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    event_slug
    de-tankrabatt-2022
    event_type
    TAX_CHANGE
    offset_days
    7
    series_code
    RETAIL_PRETAX_DE_DIESEL
    series_kind
    pre-tax
    country_iso2
    DE
    country_name
    Germany
    country_slug
    germany
    variation_label
    week-to-week
    observation_date
    2022-06-06
    same_observation
    false
    volatility_units
    1.9748932579018799
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.09250999999999987
    change_pct_from_t0
    7.4523103692724
    observation_gap_days
    2
    normal_volatility_pct
    3.7735256523128293
    change_in_volatility_units
    1.9748932579018799
    Thresholds
    source
    v1 choice of this module; docs/PRICE_MODEL.md §2.2 requires the comparison but publishes no cut-off
    volatility_definition
    sample sd of period-over-period % changes over the 3 years before T0, at the series' own frequency (week-to-week)
    unusual_move_volatility_units
    2
    Inputs
    t0
    2022-06-01T00:00:00+00:00
    fuel
    diesel
    unit
    EUR/L
    event
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    value
    1.33387
    status
    OBSERVED
    country
    Germany
    z_score
    0.3023182859354713
    t0_value
    1.24136
    fuel_type
    DIESEL
    change_pct
    7.4523103692724
    event_name
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    event_slug
    de-tankrabatt-2022
    event_type
    TAX_CHANGE
    source_ids
    ["ec_weekly_oil_bulletin","ecb_exr_reference_rates","eia_brent_rbrte","eia_us_product_spot","eurostat_nrg_stk_oem","eurostat_nrg_stk_oilm","eurostat_nrg_ti_oilm","reference_hormuz_v1"]
    offset_days
    7
    series_code
    RETAIL_PRETAX_DE_DIESEL
    series_kind
    pre-tax
    country_iso2
    DE
    country_name
    Germany
    country_slug
    germany
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2022-06-06
    same_observation
    false
    volatility_units
    1.9748932579018799
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.09250999999999987
    change_pct_from_t0
    7.4523103692724
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    2
    normal_volatility_pct
    3.7735256523128293
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    1.9748932579018799

    Template event.price_move.within_normal v1.1 · Fingerprint 11547fb0e7581ba6c7d7bb8d48239f54ed9b8de70332c2f59825a836a3ade8f2 · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  11. In the 30 days after Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022, Germany's pre-tax diesel price moved +12.1%, which is 3.2 times its normal week-to-week variation over the previous three years — outside that range.

    about GermanyCalculatedOfficial
    Why this sentence
    Variables
    t0
    2022-06-01T00:00:00+00:00
    fuel
    diesel
    unit
    EUR/L
    event
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    value
    1.39101
    status
    OBSERVED
    country
    Germany
    z_score
    0.9080148798468701
    t0_value
    1.24136
    fuel_type
    DIESEL
    change_pct
    12.055326416188702
    event_name
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    event_slug
    de-tankrabatt-2022
    event_type
    TAX_CHANGE
    offset_days
    30
    series_code
    RETAIL_PRETAX_DE_DIESEL
    series_kind
    pre-tax
    country_iso2
    DE
    country_name
    Germany
    country_slug
    germany
    variation_label
    week-to-week
    observation_date
    2022-06-27
    same_observation
    false
    volatility_units
    3.1947116640905513
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.14965000000000006
    change_pct_from_t0
    12.055326416188702
    observation_gap_days
    4
    normal_volatility_pct
    3.7735256523128293
    change_in_volatility_units
    3.1947116640905513
    Thresholds
    source
    v1 choice of this module; docs/PRICE_MODEL.md §2.2 requires the comparison but publishes no cut-off
    volatility_definition
    sample sd of period-over-period % changes over the 3 years before T0, at the series' own frequency (week-to-week)
    unusual_move_volatility_units
    2
    Inputs
    t0
    2022-06-01T00:00:00+00:00
    fuel
    diesel
    unit
    EUR/L
    event
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    value
    1.39101
    status
    OBSERVED
    country
    Germany
    z_score
    0.9080148798468701
    t0_value
    1.24136
    fuel_type
    DIESEL
    change_pct
    12.055326416188702
    event_name
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    event_slug
    de-tankrabatt-2022
    event_type
    TAX_CHANGE
    source_ids
    ["ec_weekly_oil_bulletin","ecb_exr_reference_rates","eia_brent_rbrte","eia_us_product_spot","eurostat_nrg_stk_oem","eurostat_nrg_stk_oilm","eurostat_nrg_ti_oilm","reference_hormuz_v1"]
    offset_days
    30
    series_code
    RETAIL_PRETAX_DE_DIESEL
    series_kind
    pre-tax
    country_iso2
    DE
    country_name
    Germany
    country_slug
    germany
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2022-06-27
    same_observation
    false
    volatility_units
    3.1947116640905513
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.14965000000000006
    change_pct_from_t0
    12.055326416188702
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    4
    normal_volatility_pct
    3.7735256523128293
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    3.1947116640905513

    Template event.price_move.outside_normal v1.1 · Fingerprint c9ec395f2083f740af67ddeb94d3d454e159be5ba3e9b0462be1f1c0157f5a46 · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  12. In the 90 days after Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022, Germany's pre-tax diesel price moved +14.0%, which is 3.7 times its normal week-to-week variation over the previous three years — outside that range.

    about GermanyCalculatedOfficial
    Why this sentence
    Variables
    t0
    2022-06-01T00:00:00+00:00
    fuel
    diesel
    unit
    EUR/L
    event
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    value
    1.41538
    status
    OBSERVED
    country
    Germany
    z_score
    1.166342251103796
    t0_value
    1.24136
    fuel_type
    DIESEL
    change_pct
    14.01849584326868
    event_name
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    event_slug
    de-tankrabatt-2022
    event_type
    TAX_CHANGE
    offset_days
    90
    series_code
    RETAIL_PRETAX_DE_DIESEL
    series_kind
    pre-tax
    country_iso2
    DE
    country_name
    Germany
    country_slug
    germany
    variation_label
    week-to-week
    observation_date
    2022-08-29
    same_observation
    false
    volatility_units
    3.7149597312732223
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.17402000000000006
    change_pct_from_t0
    14.01849584326868
    observation_gap_days
    1
    normal_volatility_pct
    3.7735256523128293
    change_in_volatility_units
    3.7149597312732223
    Thresholds
    source
    v1 choice of this module; docs/PRICE_MODEL.md §2.2 requires the comparison but publishes no cut-off
    volatility_definition
    sample sd of period-over-period % changes over the 3 years before T0, at the series' own frequency (week-to-week)
    unusual_move_volatility_units
    2
    Inputs
    t0
    2022-06-01T00:00:00+00:00
    fuel
    diesel
    unit
    EUR/L
    event
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    value
    1.41538
    status
    OBSERVED
    country
    Germany
    z_score
    1.166342251103796
    t0_value
    1.24136
    fuel_type
    DIESEL
    change_pct
    14.01849584326868
    event_name
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    event_slug
    de-tankrabatt-2022
    event_type
    TAX_CHANGE
    source_ids
    ["ec_weekly_oil_bulletin","ecb_exr_reference_rates","eia_brent_rbrte","eia_us_product_spot","eurostat_nrg_stk_oem","eurostat_nrg_stk_oilm","eurostat_nrg_ti_oilm","reference_hormuz_v1"]
    offset_days
    90
    series_code
    RETAIL_PRETAX_DE_DIESEL
    series_kind
    pre-tax
    country_iso2
    DE
    country_name
    Germany
    country_slug
    germany
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2022-08-29
    same_observation
    false
    volatility_units
    3.7149597312732223
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.17402000000000006
    change_pct_from_t0
    14.01849584326868
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    1
    normal_volatility_pct
    3.7735256523128293
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    3.7149597312732223

    Template event.price_move.outside_normal v1.1 · Fingerprint dd6da96b9b3da04e43ba31e163c0ccbe9489a9ffb85fc2c3b9af83d2e876e682 · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  13. In the 7 days after Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022, Germany's tax-inclusive diesel price moved -2.8%, which is 1.1 times its normal week-to-week variation over the previous three years — within that range.

    about GermanyCalculatedOfficial
    Why this sentence
    Variables
    t0
    2022-06-01T00:00:00+00:00
    fuel
    diesel
    unit
    EUR/L
    event
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    value
    1.98
    status
    OBSERVED
    country
    Germany
    z_score
    -1.1860143112070007
    t0_value
    2.037
    fuel_type
    DIESEL
    change_pct
    -2.798232695139909
    event_name
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    event_slug
    de-tankrabatt-2022
    event_type
    TAX_CHANGE
    offset_days
    7
    series_code
    RETAIL_INCLTAX_DE_DIESEL
    series_kind
    tax-inclusive
    country_iso2
    DE
    country_name
    Germany
    country_slug
    germany
    variation_label
    week-to-week
    observation_date
    2022-06-06
    same_observation
    false
    volatility_units
    -1.1368598826945364
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.05699999999999994
    change_pct_from_t0
    -2.798232695139909
    observation_gap_days
    2
    normal_volatility_pct
    2.461369899435327
    change_in_volatility_units
    -1.1368598826945364
    Thresholds
    source
    v1 choice of this module; docs/PRICE_MODEL.md §2.2 requires the comparison but publishes no cut-off
    volatility_definition
    sample sd of period-over-period % changes over the 3 years before T0, at the series' own frequency (week-to-week)
    unusual_move_volatility_units
    2
    Inputs
    t0
    2022-06-01T00:00:00+00:00
    fuel
    diesel
    unit
    EUR/L
    event
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    value
    1.98
    status
    OBSERVED
    country
    Germany
    z_score
    -1.1860143112070007
    t0_value
    2.037
    fuel_type
    DIESEL
    change_pct
    -2.798232695139909
    event_name
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    event_slug
    de-tankrabatt-2022
    event_type
    TAX_CHANGE
    source_ids
    ["ec_weekly_oil_bulletin","ecb_exr_reference_rates","eia_brent_rbrte","eia_us_product_spot","eurostat_nrg_stk_oem","eurostat_nrg_stk_oilm","eurostat_nrg_ti_oilm","reference_hormuz_v1"]
    offset_days
    7
    series_code
    RETAIL_INCLTAX_DE_DIESEL
    series_kind
    tax-inclusive
    country_iso2
    DE
    country_name
    Germany
    country_slug
    germany
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2022-06-06
    same_observation
    false
    volatility_units
    -1.1368598826945364
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.05699999999999994
    change_pct_from_t0
    -2.798232695139909
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    2
    normal_volatility_pct
    2.461369899435327
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    -1.1368598826945364

    Template event.price_move.within_normal v1.1 · Fingerprint aee0065ae9e283baa627b0c2acb533793e2378213dc720b097dc8fbd9f925e55 · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  14. In the 30 days after Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022, Germany's tax-inclusive diesel price moved +0.5%, which is 0.2 times its normal week-to-week variation over the previous three years — within that range.

    about GermanyCalculatedOfficial
    Why this sentence
    Variables
    t0
    2022-06-01T00:00:00+00:00
    fuel
    diesel
    unit
    EUR/L
    event
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    value
    2.048
    status
    OBSERVED
    country
    Germany
    z_score
    -0.5802816801613639
    t0_value
    2.037
    fuel_type
    DIESEL
    change_pct
    0.5400098183603398
    event_name
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    event_slug
    de-tankrabatt-2022
    event_type
    TAX_CHANGE
    offset_days
    30
    series_code
    RETAIL_INCLTAX_DE_DIESEL
    series_kind
    tax-inclusive
    country_iso2
    DE
    country_name
    Germany
    country_slug
    germany
    variation_label
    week-to-week
    observation_date
    2022-06-27
    same_observation
    false
    volatility_units
    0.21939401244982545
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.01100000000000012
    change_pct_from_t0
    0.5400098183603398
    observation_gap_days
    4
    normal_volatility_pct
    2.461369899435327
    change_in_volatility_units
    0.21939401244982545
    Thresholds
    source
    v1 choice of this module; docs/PRICE_MODEL.md §2.2 requires the comparison but publishes no cut-off
    volatility_definition
    sample sd of period-over-period % changes over the 3 years before T0, at the series' own frequency (week-to-week)
    unusual_move_volatility_units
    2
    Inputs
    t0
    2022-06-01T00:00:00+00:00
    fuel
    diesel
    unit
    EUR/L
    event
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    value
    2.048
    status
    OBSERVED
    country
    Germany
    z_score
    -0.5802816801613639
    t0_value
    2.037
    fuel_type
    DIESEL
    change_pct
    0.5400098183603398
    event_name
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    event_slug
    de-tankrabatt-2022
    event_type
    TAX_CHANGE
    source_ids
    ["ec_weekly_oil_bulletin","ecb_exr_reference_rates","eia_brent_rbrte","eia_us_product_spot","eurostat_nrg_stk_oem","eurostat_nrg_stk_oilm","eurostat_nrg_ti_oilm","reference_hormuz_v1"]
    offset_days
    30
    series_code
    RETAIL_INCLTAX_DE_DIESEL
    series_kind
    tax-inclusive
    country_iso2
    DE
    country_name
    Germany
    country_slug
    germany
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2022-06-27
    same_observation
    false
    volatility_units
    0.21939401244982545
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.01100000000000012
    change_pct_from_t0
    0.5400098183603398
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    4
    normal_volatility_pct
    2.461369899435327
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    0.21939401244982545

    Template event.price_move.within_normal v1.1 · Fingerprint 9b73ddbe986d3d9169569072f35af7929feed4012a97cca6a5e1ffba37fa1629 · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  15. In the 90 days after Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022, Germany's tax-inclusive diesel price moved +2.0%, which is 0.8 times its normal week-to-week variation over the previous three years — within that range.

    about GermanyCalculatedOfficial
    Why this sentence
    Variables
    t0
    2022-06-01T00:00:00+00:00
    fuel
    diesel
    unit
    EUR/L
    event
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    value
    2.077
    status
    OBSERVED
    country
    Germany
    z_score
    -0.3219545286860199
    t0_value
    2.037
    fuel_type
    DIESEL
    change_pct
    1.9636720667648522
    event_name
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    event_slug
    de-tankrabatt-2022
    event_type
    TAX_CHANGE
    offset_days
    90
    series_code
    RETAIL_INCLTAX_DE_DIESEL
    series_kind
    tax-inclusive
    country_iso2
    DE
    country_name
    Germany
    country_slug
    germany
    variation_label
    week-to-week
    observation_date
    2022-08-29
    same_observation
    false
    volatility_units
    0.7977964089084482
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.040000000000000036
    change_pct_from_t0
    1.9636720667648522
    observation_gap_days
    1
    normal_volatility_pct
    2.461369899435327
    change_in_volatility_units
    0.7977964089084482
    Thresholds
    source
    v1 choice of this module; docs/PRICE_MODEL.md §2.2 requires the comparison but publishes no cut-off
    volatility_definition
    sample sd of period-over-period % changes over the 3 years before T0, at the series' own frequency (week-to-week)
    unusual_move_volatility_units
    2
    Inputs
    t0
    2022-06-01T00:00:00+00:00
    fuel
    diesel
    unit
    EUR/L
    event
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    value
    2.077
    status
    OBSERVED
    country
    Germany
    z_score
    -0.3219545286860199
    t0_value
    2.037
    fuel_type
    DIESEL
    change_pct
    1.9636720667648522
    event_name
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    event_slug
    de-tankrabatt-2022
    event_type
    TAX_CHANGE
    source_ids
    ["ec_weekly_oil_bulletin","ecb_exr_reference_rates","eia_brent_rbrte","eia_us_product_spot","eurostat_nrg_stk_oem","eurostat_nrg_stk_oilm","eurostat_nrg_ti_oilm","reference_hormuz_v1"]
    offset_days
    90
    series_code
    RETAIL_INCLTAX_DE_DIESEL
    series_kind
    tax-inclusive
    country_iso2
    DE
    country_name
    Germany
    country_slug
    germany
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2022-08-29
    same_observation
    false
    volatility_units
    0.7977964089084482
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.040000000000000036
    change_pct_from_t0
    1.9636720667648522
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    1
    normal_volatility_pct
    2.461369899435327
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    0.7977964089084482

    Template event.price_move.within_normal v1.1 · Fingerprint 45e0c09394f34966be5b438c3da3ba4e14ae588eb1f91a277027de94cb745c53 · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  16. In the 7 days after Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022, Germany's tax-component diesel price moved -18.8%, which is 17.6 times its normal week-to-week variation over the previous three years — outside that range.

    about GermanyCalculatedOfficial
    Why this sentence
    Variables
    t0
    2022-06-01T00:00:00+00:00
    fuel
    diesel
    unit
    EUR/L
    event
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    value
    0.64613
    status
    OBSERVED
    country
    Germany
    z_score
    -9.019809454782958
    t0_value
    0.79564
    fuel_type
    DIESEL
    change_pct
    -18.79116183198432
    event_name
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    event_slug
    de-tankrabatt-2022
    event_type
    TAX_CHANGE
    offset_days
    7
    series_code
    TAX_COMPONENT_DE_DIESEL
    series_kind
    tax-component
    country_iso2
    DE
    country_name
    Germany
    country_slug
    germany
    variation_label
    week-to-week
    observation_date
    2022-06-06
    same_observation
    false
    volatility_units
    -17.552841198037175
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.14951000000000003
    change_pct_from_t0
    -18.79116183198432
    observation_gap_days
    2
    normal_volatility_pct
    1.070548159125693
    change_in_volatility_units
    -17.552841198037175
    Thresholds
    source
    v1 choice of this module; docs/PRICE_MODEL.md §2.2 requires the comparison but publishes no cut-off
    volatility_definition
    sample sd of period-over-period % changes over the 3 years before T0, at the series' own frequency (week-to-week)
    unusual_move_volatility_units
    2
    Inputs
    t0
    2022-06-01T00:00:00+00:00
    fuel
    diesel
    unit
    EUR/L
    event
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    value
    0.64613
    status
    OBSERVED
    country
    Germany
    z_score
    -9.019809454782958
    t0_value
    0.79564
    fuel_type
    DIESEL
    change_pct
    -18.79116183198432
    event_name
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    event_slug
    de-tankrabatt-2022
    event_type
    TAX_CHANGE
    source_ids
    ["ec_weekly_oil_bulletin","ecb_exr_reference_rates","eia_brent_rbrte","eia_us_product_spot","eurostat_nrg_stk_oem","eurostat_nrg_stk_oilm","eurostat_nrg_ti_oilm","reference_hormuz_v1"]
    offset_days
    7
    series_code
    TAX_COMPONENT_DE_DIESEL
    series_kind
    tax-component
    country_iso2
    DE
    country_name
    Germany
    country_slug
    germany
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2022-06-06
    same_observation
    false
    volatility_units
    -17.552841198037175
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.14951000000000003
    change_pct_from_t0
    -18.79116183198432
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    2
    normal_volatility_pct
    1.070548159125693
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    -17.552841198037175

    Template event.price_move.outside_normal v1.1 · Fingerprint 8a3b96b6c5459c34714be61855ff7a4acfa1ae63a6e8831219a2748c96777ab6 · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  17. In the 30 days after Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022, Germany's tax-component diesel price moved -17.4%, which is 16.3 times its normal week-to-week variation over the previous three years — outside that range.

    about GermanyCalculatedOfficial
    Why this sentence
    Variables
    t0
    2022-06-01T00:00:00+00:00
    fuel
    diesel
    unit
    EUR/L
    event
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    value
    0.65699
    status
    OBSERVED
    country
    Germany
    z_score
    -8.413887151972347
    t0_value
    0.79564
    fuel_type
    DIESEL
    change_pct
    -17.426222914886136
    event_name
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    event_slug
    de-tankrabatt-2022
    event_type
    TAX_CHANGE
    offset_days
    30
    series_code
    TAX_COMPONENT_DE_DIESEL
    series_kind
    tax-component
    country_iso2
    DE
    country_name
    Germany
    country_slug
    germany
    variation_label
    week-to-week
    observation_date
    2022-06-27
    same_observation
    false
    volatility_units
    -16.27785052576988
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.13865000000000005
    change_pct_from_t0
    -17.426222914886136
    observation_gap_days
    4
    normal_volatility_pct
    1.070548159125693
    change_in_volatility_units
    -16.27785052576988
    Thresholds
    source
    v1 choice of this module; docs/PRICE_MODEL.md §2.2 requires the comparison but publishes no cut-off
    volatility_definition
    sample sd of period-over-period % changes over the 3 years before T0, at the series' own frequency (week-to-week)
    unusual_move_volatility_units
    2
    Inputs
    t0
    2022-06-01T00:00:00+00:00
    fuel
    diesel
    unit
    EUR/L
    event
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    value
    0.65699
    status
    OBSERVED
    country
    Germany
    z_score
    -8.413887151972347
    t0_value
    0.79564
    fuel_type
    DIESEL
    change_pct
    -17.426222914886136
    event_name
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    event_slug
    de-tankrabatt-2022
    event_type
    TAX_CHANGE
    source_ids
    ["ec_weekly_oil_bulletin","ecb_exr_reference_rates","eia_brent_rbrte","eia_us_product_spot","eurostat_nrg_stk_oem","eurostat_nrg_stk_oilm","eurostat_nrg_ti_oilm","reference_hormuz_v1"]
    offset_days
    30
    series_code
    TAX_COMPONENT_DE_DIESEL
    series_kind
    tax-component
    country_iso2
    DE
    country_name
    Germany
    country_slug
    germany
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2022-06-27
    same_observation
    false
    volatility_units
    -16.27785052576988
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.13865000000000005
    change_pct_from_t0
    -17.426222914886136
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    4
    normal_volatility_pct
    1.070548159125693
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    -16.27785052576988

    Template event.price_move.outside_normal v1.1 · Fingerprint d2a9912e8c8c0ec1c5db6f86c62f600f2570d9250e93ef9c457a24833f00d981 · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  18. In the 90 days after Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022, Germany's tax-component diesel price moved -16.8%, which is 15.7 times its normal week-to-week variation over the previous three years — outside that range.

    about GermanyCalculatedOfficial
    Why this sentence
    Variables
    t0
    2022-06-01T00:00:00+00:00
    fuel
    diesel
    unit
    EUR/L
    event
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    value
    0.66162
    status
    OBSERVED
    country
    Germany
    z_score
    -8.155561160995077
    t0_value
    0.79564
    fuel_type
    DIESEL
    change_pct
    -16.84430144286361
    event_name
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    event_slug
    de-tankrabatt-2022
    event_type
    TAX_CHANGE
    offset_days
    90
    series_code
    TAX_COMPONENT_DE_DIESEL
    series_kind
    tax-component
    country_iso2
    DE
    country_name
    Germany
    country_slug
    germany
    variation_label
    week-to-week
    observation_date
    2022-08-29
    same_observation
    false
    volatility_units
    -15.73427715444413
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.13402000000000003
    change_pct_from_t0
    -16.84430144286361
    observation_gap_days
    1
    normal_volatility_pct
    1.070548159125693
    change_in_volatility_units
    -15.73427715444413
    Thresholds
    source
    v1 choice of this module; docs/PRICE_MODEL.md §2.2 requires the comparison but publishes no cut-off
    volatility_definition
    sample sd of period-over-period % changes over the 3 years before T0, at the series' own frequency (week-to-week)
    unusual_move_volatility_units
    2
    Inputs
    t0
    2022-06-01T00:00:00+00:00
    fuel
    diesel
    unit
    EUR/L
    event
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    value
    0.66162
    status
    OBSERVED
    country
    Germany
    z_score
    -8.155561160995077
    t0_value
    0.79564
    fuel_type
    DIESEL
    change_pct
    -16.84430144286361
    event_name
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    event_slug
    de-tankrabatt-2022
    event_type
    TAX_CHANGE
    source_ids
    ["ec_weekly_oil_bulletin","ecb_exr_reference_rates","eia_brent_rbrte","eia_us_product_spot","eurostat_nrg_stk_oem","eurostat_nrg_stk_oilm","eurostat_nrg_ti_oilm","reference_hormuz_v1"]
    offset_days
    90
    series_code
    TAX_COMPONENT_DE_DIESEL
    series_kind
    tax-component
    country_iso2
    DE
    country_name
    Germany
    country_slug
    germany
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2022-08-29
    same_observation
    false
    volatility_units
    -15.73427715444413
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.13402000000000003
    change_pct_from_t0
    -16.84430144286361
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    1
    normal_volatility_pct
    1.070548159125693
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    -15.73427715444413

    Template event.price_move.outside_normal v1.1 · Fingerprint 85261cb673ffeafdee75546ec31ebd66e0d14ccd9be9baf03c1ef3071b79e1f4 · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  19. Over the 4 weeks after Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022, crude costs alone would have moved Germany's pre-tax petrol price by +1.7 c/L (range -0.6–+3.9); it actually moved +7.4 c/L, leaving +5.7 c/L not explained by crude.

    about GermanyCalculatedMedium
    Why this sentence
    Variables
    t0
    2022-06-01T00:00:00+00:00
    fuel
    petrol
    event
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    weeks
    4
    status
    COMPUTED
    country
    Germany
    fuel_type
    EURO_SUPER_95
    gap_label
    NOT_EXPLAINED_BY_CRUDE
    event_name
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    event_slug
    de-tankrabatt-2022
    event_type
    TAX_CHANGE
    series_code
    CRUDE_ONLY_EXPECTED_DE_EURO_SUPER_95
    country_iso2
    DE
    country_name
    Germany
    country_slug
    germany
    offset_weeks
    4
    proxy_product
    GASOLINE
    proxy_to_date
    2022-06-27
    pass_through_k
    1
    proxy_from_date
    2022-05-27
    observation_date
    2022-06-27
    gap_eur_per_litre
    0.0569134172547411
    series_source_ids
    ["ec_weekly_oil_bulletin","eia_brent_rbrte"]
    anchor_period_start
    2022-05-30
    actual_eur_per_litre
    0.07365000000000022
    expected_eur_per_litre
    0.016736582745259118
    proxy_volatility_units
    -0.0631714707771465
    pass_through_sample_end
    2026-09-14
    proxy_change_usd_per_bbl
    -5.850000000000001
    pass_through_sample_start
    2005-01-03
    pass_through_window_label
    FULL_SAMPLE
    expected_low_eur_per_litre
    -0.005879996018821346
    expected_high_eur_per_litre
    0.039353161509339527
    proxy_normal_volatility_pct
    181.24455741814873
    Thresholds
    source
    docs/PRICE_MODEL.md §7.7; horizons are a v1 choice of this module
    proxy_rule
    the proxy sentence is added only when the US crack spread proxy moved by at least UNUSUAL_MOVE_VOLATILITY_UNITS of its normal day-to-day variation over the same weeks
    confidence_cap
    MEDIUM (docs/PRICE_MODEL.md §7.5)
    statement_weeks
    [4,13]
    unusual_move_volatility_units
    2
    Inputs
    t0
    2022-06-01T00:00:00+00:00
    fuel
    petrol
    event
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    weeks
    4
    status
    COMPUTED
    country
    Germany
    fuel_type
    EURO_SUPER_95
    gap_label
    NOT_EXPLAINED_BY_CRUDE
    event_name
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    event_slug
    de-tankrabatt-2022
    event_type
    TAX_CHANGE
    source_ids
    ["ec_weekly_oil_bulletin","ecb_exr_reference_rates","eia_brent_rbrte","eia_us_product_spot","eurostat_nrg_stk_oem","eurostat_nrg_stk_oilm","eurostat_nrg_ti_oilm","reference_hormuz_v1"]
    series_code
    CRUDE_ONLY_EXPECTED_DE_EURO_SUPER_95
    country_iso2
    DE
    country_name
    Germany
    country_slug
    germany
    offset_weeks
    4
    proxy_product
    GASOLINE
    proxy_to_date
    2022-06-27
    pass_through_k
    1
    proxy_from_date
    2022-05-27
    statement_topic
    event
    observation_date
    2022-06-27
    gap_eur_per_litre
    0.0569134172547411
    series_source_ids
    ["ec_weekly_oil_bulletin","eia_brent_rbrte"]
    anchor_period_start
    2022-05-30
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    actual_eur_per_litre
    0.07365000000000022
    expected_eur_per_litre
    0.016736582745259118
    proxy_volatility_units
    -0.0631714707771465
    pass_through_sample_end
    2026-09-14
    proxy_change_usd_per_bbl
    -5.850000000000001
    pass_through_sample_start
    2005-01-03
    pass_through_window_label
    FULL_SAMPLE
    study_calculation_version
    event_study-1.0
    expected_low_eur_per_litre
    -0.005879996018821346
    expected_high_eur_per_litre
    0.039353161509339527
    proxy_normal_volatility_pct
    181.24455741814873

    Template event.crude_only.computed v1.1 · Fingerprint 198ea6ce20ca1b3414b02b3b18ca101b104de729d1ae57ce337d0152420face4 · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  20. Over the 13 weeks after Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022, crude costs alone would have moved Germany's pre-tax petrol price by -3.7 c/L (range -10.2–+2.9); it actually moved -0.4 c/L, leaving +3.2 c/L not explained by crude.

    about GermanyCalculatedMedium
    Why this sentence
    Variables
    t0
    2022-06-01T00:00:00+00:00
    fuel
    petrol
    event
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    weeks
    13
    status
    COMPUTED
    country
    Germany
    fuel_type
    EURO_SUPER_95
    gap_label
    NOT_EXPLAINED_BY_CRUDE
    event_name
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    event_slug
    de-tankrabatt-2022
    event_type
    TAX_CHANGE
    series_code
    CRUDE_ONLY_EXPECTED_DE_EURO_SUPER_95
    country_iso2
    DE
    country_name
    Germany
    country_slug
    germany
    offset_weeks
    13
    proxy_product
    GASOLINE
    proxy_to_date
    2022-08-26
    pass_through_k
    1
    proxy_from_date
    2022-05-27
    observation_date
    2022-08-29
    gap_eur_per_litre
    0.03206462593133223
    series_source_ids
    ["ec_weekly_oil_bulletin","eia_brent_rbrte"]
    anchor_period_start
    2022-05-30
    actual_eur_per_litre
    -0.0044999999999999485
    expected_eur_per_litre
    -0.03656462593133218
    proxy_volatility_units
    -0.3403268500876152
    pass_through_sample_end
    2026-09-14
    proxy_change_usd_per_bbl
    -31.516000000000002
    pass_through_sample_start
    2005-01-03
    pass_through_window_label
    FULL_SAMPLE
    expected_low_eur_per_litre
    -0.10209882445862038
    expected_high_eur_per_litre
    0.028969572595956027
    proxy_normal_volatility_pct
    181.24455741814873
    Thresholds
    source
    docs/PRICE_MODEL.md §7.7; horizons are a v1 choice of this module
    proxy_rule
    the proxy sentence is added only when the US crack spread proxy moved by at least UNUSUAL_MOVE_VOLATILITY_UNITS of its normal day-to-day variation over the same weeks
    confidence_cap
    MEDIUM (docs/PRICE_MODEL.md §7.5)
    statement_weeks
    [4,13]
    unusual_move_volatility_units
    2
    Inputs
    t0
    2022-06-01T00:00:00+00:00
    fuel
    petrol
    event
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    weeks
    13
    status
    COMPUTED
    country
    Germany
    fuel_type
    EURO_SUPER_95
    gap_label
    NOT_EXPLAINED_BY_CRUDE
    event_name
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    event_slug
    de-tankrabatt-2022
    event_type
    TAX_CHANGE
    source_ids
    ["ec_weekly_oil_bulletin","ecb_exr_reference_rates","eia_brent_rbrte","eia_us_product_spot","eurostat_nrg_stk_oem","eurostat_nrg_stk_oilm","eurostat_nrg_ti_oilm","reference_hormuz_v1"]
    series_code
    CRUDE_ONLY_EXPECTED_DE_EURO_SUPER_95
    country_iso2
    DE
    country_name
    Germany
    country_slug
    germany
    offset_weeks
    13
    proxy_product
    GASOLINE
    proxy_to_date
    2022-08-26
    pass_through_k
    1
    proxy_from_date
    2022-05-27
    statement_topic
    event
    observation_date
    2022-08-29
    gap_eur_per_litre
    0.03206462593133223
    series_source_ids
    ["ec_weekly_oil_bulletin","eia_brent_rbrte"]
    anchor_period_start
    2022-05-30
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    actual_eur_per_litre
    -0.0044999999999999485
    expected_eur_per_litre
    -0.03656462593133218
    proxy_volatility_units
    -0.3403268500876152
    pass_through_sample_end
    2026-09-14
    proxy_change_usd_per_bbl
    -31.516000000000002
    pass_through_sample_start
    2005-01-03
    pass_through_window_label
    FULL_SAMPLE
    study_calculation_version
    event_study-1.0
    expected_low_eur_per_litre
    -0.10209882445862038
    expected_high_eur_per_litre
    0.028969572595956027
    proxy_normal_volatility_pct
    181.24455741814873

    Template event.crude_only.computed v1.1 · Fingerprint 2d0b33c368eeb54dee86253c798891608190d269d95eefbd5a3a7ddd604e32eb · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  21. Over the 4 weeks after Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022, crude costs alone would have moved Germany's pre-tax diesel price by +5.3 c/L (range +1.8–+8.8); it actually moved +15.0 c/L, leaving +9.7 c/L not explained by crude. Over the same period the US diesel crack spread, a proxy for the Atlantic product market and not a European margin, widened by 11.5 $/bbl.

    about GermanyCalculatedMedium
    Why this sentence
    Variables
    t0
    2022-06-01T00:00:00+00:00
    fuel
    diesel
    event
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    weeks
    4
    status
    COMPUTED
    country
    Germany
    fuel_type
    DIESEL
    gap_label
    NOT_EXPLAINED_BY_CRUDE
    event_name
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    event_slug
    de-tankrabatt-2022
    event_type
    TAX_CHANGE
    series_code
    CRUDE_ONLY_EXPECTED_DE_DIESEL
    country_iso2
    DE
    country_name
    Germany
    country_slug
    germany
    offset_weeks
    4
    proxy_product
    DIESEL
    proxy_to_date
    2022-06-27
    pass_through_k
    1
    proxy_from_date
    2022-05-27
    observation_date
    2022-06-27
    gap_eur_per_litre
    0.0968133550096332
    series_source_ids
    ["ec_weekly_oil_bulletin","eia_brent_rbrte"]
    anchor_period_start
    2022-05-30
    actual_eur_per_litre
    0.14965000000000006
    expected_eur_per_litre
    0.05283664499036686
    proxy_volatility_units
    2.587160761067042
    pass_through_sample_end
    2026-09-14
    proxy_change_usd_per_bbl
    11.537999999999997
    pass_through_sample_start
    2005-01-03
    pass_through_window_label
    FULL_SAMPLE
    expected_low_eur_per_litre
    0.017962813488907506
    expected_high_eur_per_litre
    0.08771047649182599
    proxy_normal_volatility_pct
    9.342848145796136
    Thresholds
    source
    docs/PRICE_MODEL.md §7.7; horizons are a v1 choice of this module
    proxy_rule
    the proxy sentence is added only when the US crack spread proxy moved by at least UNUSUAL_MOVE_VOLATILITY_UNITS of its normal day-to-day variation over the same weeks
    confidence_cap
    MEDIUM (docs/PRICE_MODEL.md §7.5)
    statement_weeks
    [4,13]
    unusual_move_volatility_units
    2
    Inputs
    t0
    2022-06-01T00:00:00+00:00
    fuel
    diesel
    event
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    weeks
    4
    status
    COMPUTED
    country
    Germany
    fuel_type
    DIESEL
    gap_label
    NOT_EXPLAINED_BY_CRUDE
    event_name
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    event_slug
    de-tankrabatt-2022
    event_type
    TAX_CHANGE
    source_ids
    ["ec_weekly_oil_bulletin","ecb_exr_reference_rates","eia_brent_rbrte","eia_us_product_spot","eurostat_nrg_stk_oem","eurostat_nrg_stk_oilm","eurostat_nrg_ti_oilm","reference_hormuz_v1"]
    series_code
    CRUDE_ONLY_EXPECTED_DE_DIESEL
    country_iso2
    DE
    country_name
    Germany
    country_slug
    germany
    offset_weeks
    4
    proxy_product
    DIESEL
    proxy_to_date
    2022-06-27
    pass_through_k
    1
    proxy_from_date
    2022-05-27
    statement_topic
    event
    observation_date
    2022-06-27
    gap_eur_per_litre
    0.0968133550096332
    series_source_ids
    ["ec_weekly_oil_bulletin","eia_brent_rbrte"]
    anchor_period_start
    2022-05-30
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    actual_eur_per_litre
    0.14965000000000006
    expected_eur_per_litre
    0.05283664499036686
    proxy_volatility_units
    2.587160761067042
    pass_through_sample_end
    2026-09-14
    proxy_change_usd_per_bbl
    11.537999999999997
    pass_through_sample_start
    2005-01-03
    pass_through_window_label
    FULL_SAMPLE
    study_calculation_version
    event_study-1.0
    expected_low_eur_per_litre
    0.017962813488907506
    expected_high_eur_per_litre
    0.08771047649182599
    proxy_normal_volatility_pct
    9.342848145796136

    Template event.crude_only.computed_with_proxy v1.1 · Fingerprint 43c9c53d1ebdb5829dde8f3c4bcf4ed62a9904fbf0d89fa69dbbe7a08c145d67 · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  22. Over the 13 weeks after Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022, crude costs alone would have moved Germany's pre-tax diesel price by +5.2 c/L (range -4.6–+15.1); it actually moved +17.4 c/L, leaving +12.2 c/L not explained by crude. Over the same period the US diesel crack spread, a proxy for the Atlantic product market and not a European margin, widened by 19.3 $/bbl.

    about GermanyCalculatedMedium
    Why this sentence
    Variables
    t0
    2022-06-01T00:00:00+00:00
    fuel
    diesel
    event
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    weeks
    13
    status
    COMPUTED
    country
    Germany
    fuel_type
    DIESEL
    gap_label
    NOT_EXPLAINED_BY_CRUDE
    event_name
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    event_slug
    de-tankrabatt-2022
    event_type
    TAX_CHANGE
    series_code
    CRUDE_ONLY_EXPECTED_DE_DIESEL
    country_iso2
    DE
    country_name
    Germany
    country_slug
    germany
    offset_weeks
    13
    proxy_product
    DIESEL
    proxy_to_date
    2022-08-26
    pass_through_k
    1
    proxy_from_date
    2022-05-27
    observation_date
    2022-08-29
    gap_eur_per_litre
    0.12170231311844174
    series_source_ids
    ["ec_weekly_oil_bulletin","eia_brent_rbrte"]
    anchor_period_start
    2022-05-30
    actual_eur_per_litre
    0.17402000000000006
    expected_eur_per_litre
    0.05231768688155832
    proxy_volatility_units
    4.337945231721529
    pass_through_sample_end
    2026-09-14
    proxy_change_usd_per_bbl
    19.345999999999997
    pass_through_sample_start
    2005-01-03
    pass_through_window_label
    FULL_SAMPLE
    expected_low_eur_per_litre
    -0.04601097158605926
    expected_high_eur_per_litre
    0.15064634534917548
    proxy_normal_volatility_pct
    9.342848145796136
    Thresholds
    source
    docs/PRICE_MODEL.md §7.7; horizons are a v1 choice of this module
    proxy_rule
    the proxy sentence is added only when the US crack spread proxy moved by at least UNUSUAL_MOVE_VOLATILITY_UNITS of its normal day-to-day variation over the same weeks
    confidence_cap
    MEDIUM (docs/PRICE_MODEL.md §7.5)
    statement_weeks
    [4,13]
    unusual_move_volatility_units
    2
    Inputs
    t0
    2022-06-01T00:00:00+00:00
    fuel
    diesel
    event
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    weeks
    13
    status
    COMPUTED
    country
    Germany
    fuel_type
    DIESEL
    gap_label
    NOT_EXPLAINED_BY_CRUDE
    event_name
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    event_slug
    de-tankrabatt-2022
    event_type
    TAX_CHANGE
    source_ids
    ["ec_weekly_oil_bulletin","ecb_exr_reference_rates","eia_brent_rbrte","eia_us_product_spot","eurostat_nrg_stk_oem","eurostat_nrg_stk_oilm","eurostat_nrg_ti_oilm","reference_hormuz_v1"]
    series_code
    CRUDE_ONLY_EXPECTED_DE_DIESEL
    country_iso2
    DE
    country_name
    Germany
    country_slug
    germany
    offset_weeks
    13
    proxy_product
    DIESEL
    proxy_to_date
    2022-08-26
    pass_through_k
    1
    proxy_from_date
    2022-05-27
    statement_topic
    event
    observation_date
    2022-08-29
    gap_eur_per_litre
    0.12170231311844174
    series_source_ids
    ["ec_weekly_oil_bulletin","eia_brent_rbrte"]
    anchor_period_start
    2022-05-30
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    actual_eur_per_litre
    0.17402000000000006
    expected_eur_per_litre
    0.05231768688155832
    proxy_volatility_units
    4.337945231721529
    pass_through_sample_end
    2026-09-14
    proxy_change_usd_per_bbl
    19.345999999999997
    pass_through_sample_start
    2005-01-03
    pass_through_window_label
    FULL_SAMPLE
    study_calculation_version
    event_study-1.0
    expected_low_eur_per_litre
    -0.04601097158605926
    expected_high_eur_per_litre
    0.15064634534917548
    proxy_normal_volatility_pct
    9.342848145796136

    Template event.crude_only.computed_with_proxy v1.1 · Fingerprint 1da4447c8399b3b2aaa2b4b3633d61c1dc26087ba4a71dd4f00d11f0f801ae9f · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  23. Direct physical dependence on Hormuz-linked crude was limited (5%–6%) for Germany in 2022-06. No point estimate is published: the origins concerned export from both inside and outside the Persian Gulf and the split per period is not public.

    about GermanyCalculatedMedium
    Why this sentence
    Variables
    t0
    2022-06-01T00:00:00+00:00
    band
    limited
    unit
    % of imported tonnes
    period
    2022-06
    status
    NO_OBSERVATION
    country
    Germany
    commodity
    crude
    dimension
    DIRECT_CRUDE
    event_name
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    event_slug
    de-tankrabatt-2022
    event_type
    TAX_CHANGE
    country_iso2
    DE
    country_name
    Germany
    country_slug
    germany
    value_max_pct
    6.08330323422449
    value_min_pct
    4.83176504748511
    exposure_status
    RANGE_ONLY
    value_point_pct
    null
    observation_date
    2022-06-01
    Thresholds
    source
    v1 choice of this module; docs/METHODOLOGY.md §9 publishes no bands
    band_applied_to
    upper bound of the range (docs/HORMUZ_METHOD.md §3.2: a range has no meaningful midpoint)
    dependence_limited_max_pct
    10
    dependence_moderate_max_pct
    33
    Inputs
    t0
    2022-06-01T00:00:00+00:00
    band
    limited
    unit
    % of imported tonnes
    period
    2022-06
    status
    NO_OBSERVATION
    country
    Germany
    commodity
    crude
    dimension
    DIRECT_CRUDE
    event_name
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    event_slug
    de-tankrabatt-2022
    event_type
    TAX_CHANGE
    source_ids
    ["ec_weekly_oil_bulletin","ecb_exr_reference_rates","eia_brent_rbrte","eia_us_product_spot","eurostat_nrg_stk_oem","eurostat_nrg_stk_oilm","eurostat_nrg_ti_oilm","reference_hormuz_v1"]
    country_iso2
    DE
    country_name
    Germany
    country_slug
    germany
    value_max_pct
    6.08330323422449
    value_min_pct
    4.83176504748511
    exposure_status
    RANGE_ONLY
    statement_topic
    hormuz
    value_point_pct
    null
    observation_date
    2022-06-01
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    study_calculation_version
    event_study-1.0

    Template event.dependence.range v1.1 · Fingerprint 9d3818342fd5383177acc642fd85892a149943d754d1320550e1c1e4ebde8863 · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  24. Direct physical dependence on Hormuz-linked refined product was limited (0%–0%) for Germany in 2022-06. No point estimate is published: the origins concerned export from both inside and outside the Persian Gulf and the split per period is not public.

    about GermanyCalculatedMedium
    Why this sentence
    Variables
    t0
    2022-06-01T00:00:00+00:00
    band
    limited
    unit
    % of imported tonnes
    period
    2022-06
    status
    NO_OBSERVATION
    country
    Germany
    commodity
    refined product
    dimension
    DIRECT_PRODUCT
    event_name
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    event_slug
    de-tankrabatt-2022
    event_type
    TAX_CHANGE
    country_iso2
    DE
    country_name
    Germany
    country_slug
    germany
    value_max_pct
    0.102773204772625
    value_min_pct
    0
    exposure_status
    PARTIAL
    value_point_pct
    null
    observation_date
    2022-06-01
    Thresholds
    source
    v1 choice of this module; docs/METHODOLOGY.md §9 publishes no bands
    band_applied_to
    upper bound of the range (docs/HORMUZ_METHOD.md §3.2: a range has no meaningful midpoint)
    dependence_limited_max_pct
    10
    dependence_moderate_max_pct
    33
    Inputs
    t0
    2022-06-01T00:00:00+00:00
    band
    limited
    unit
    % of imported tonnes
    period
    2022-06
    status
    NO_OBSERVATION
    country
    Germany
    commodity
    refined product
    dimension
    DIRECT_PRODUCT
    event_name
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    event_slug
    de-tankrabatt-2022
    event_type
    TAX_CHANGE
    source_ids
    ["ec_weekly_oil_bulletin","ecb_exr_reference_rates","eia_brent_rbrte","eia_us_product_spot","eurostat_nrg_stk_oem","eurostat_nrg_stk_oilm","eurostat_nrg_ti_oilm","reference_hormuz_v1"]
    country_iso2
    DE
    country_name
    Germany
    country_slug
    germany
    value_max_pct
    0.102773204772625
    value_min_pct
    0
    exposure_status
    PARTIAL
    statement_topic
    hormuz
    value_point_pct
    null
    observation_date
    2022-06-01
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    study_calculation_version
    event_study-1.0

    Template event.dependence.range v1.1 · Fingerprint 947af1f39e75ef368ee7664769f2718d254e13fe4ba4162490983458faa87339 · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  25. Available evidence does not show a physical supply reduction: Germany's reported crude imports in 2022-06 were +0.7% against the mean of the previous 12 months.

    about GermanyCalculatedOfficial
    Why this sentence
    Variables
    t0
    2022-06-01T00:00:00+00:00
    unit
    tonnes
    month
    2022-06
    country
    Germany
    change_pct
    0.6909683705325212
    event_name
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    event_slug
    de-tankrabatt-2022
    event_type
    TAX_CHANGE
    country_iso2
    DE
    country_name
    Germany
    country_slug
    germany
    partner_role
    ORIGIN
    value_tonnes
    7087696
    baseline_months
    12
    observation_date
    2022-06-01
    series_source_ids
    ["eurostat_nrg_ti_oilm"]
    baseline_mean_tonnes
    7039058.333333333
    Thresholds
    source
    v1 choice of this module; docs/METHODOLOGY.md publishes no cut-off
    min_baseline_months
    6
    baseline_months_used
    12
    supply_reduction_pct
    -10
    supply_baseline_months
    12
    Inputs
    t0
    2022-06-01T00:00:00+00:00
    unit
    tonnes
    month
    2022-06
    country
    Germany
    change_pct
    0.6909683705325212
    event_name
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    event_slug
    de-tankrabatt-2022
    event_type
    TAX_CHANGE
    source_ids
    ["ec_weekly_oil_bulletin","ecb_exr_reference_rates","eia_brent_rbrte","eia_us_product_spot","eurostat_nrg_stk_oem","eurostat_nrg_stk_oilm","eurostat_nrg_ti_oilm","reference_hormuz_v1"]
    country_iso2
    DE
    country_name
    Germany
    country_slug
    germany
    partner_role
    ORIGIN
    value_tonnes
    7087696
    baseline_months
    12
    statement_topic
    event
    observation_date
    2022-06-01
    series_source_ids
    ["eurostat_nrg_ti_oilm"]
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    baseline_mean_tonnes
    7039058.333333333
    study_calculation_version
    event_study-1.0

    Template event.supply.no_reduction v1.1 · Fingerprint 8f56a3c35737c2f4c3e331750c2be1a4edfa01d60ab14903d156789e798c326d · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  26. In 2022-06, Germany's oil stocks stood 1.0% below their trailing 12-month mean — inside the 5% either side that this site reads as in line with it, with 99.0 days of cover (as published).

    about GermanyCalculatedOfficial
    Why this sentence
    Variables
    t0
    2022-06-01T00:00:00+00:00
    unit
    tonnes
    month
    2022-06
    status
    OBSERVED
    country
    Germany
    direction
    below
    siec_code
    O4000
    event_name
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    event_slug
    de-tankrabatt-2022
    event_type
    TAX_CHANGE
    holder_type
    STK_CL
    series_code
    INVENTORY_DE
    country_iso2
    DE
    country_name
    Germany
    country_slug
    germany
    days_of_cover
    99
    metric_status
    COMPUTED
    mom_change_pct
    -1.2985089226474447
    observation_date
    2022-06-01
    series_source_ids
    ["eurostat_nrg_stk_oem","eurostat_nrg_stk_oilm"]
    total_stock_tonnes
    32349771
    days_of_cover_basis
    as published by Eurostat (nrg_stk_oem, STK_EUE_DIR); not stocks divided by consumption (docs/HORMUZ_METHOD.md D7)
    observation_gap_days
    0
    trailing_12m_mean_tonnes
    32660308.5
    level_vs_trailing_12m_pct
    -0.9508100635362952
    trailing_12m_observations
    12
    Thresholds
    source
    v1 choice of this module; docs/METHODOLOGY.md publishes no band
    band_applied_to
    the rounded figure printed in the sentence
    days_of_cover_basis
    as published (Eurostat nrg_stk_oem, STK_EUE_DIR); never stocks divided by consumption (docs/HORMUZ_METHOD.md D7)
    trailing_window_months
    12
    level_vs_trailing_12m_pct_raw
    -0.9508100635362952
    level_vs_trailing_12m_pct_shown
    -1
    inventory_material_deviation_pct
    5
    Inputs
    t0
    2022-06-01T00:00:00+00:00
    unit
    tonnes
    month
    2022-06
    status
    OBSERVED
    country
    Germany
    direction
    below
    siec_code
    O4000
    event_name
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    event_slug
    de-tankrabatt-2022
    event_type
    TAX_CHANGE
    source_ids
    ["ec_weekly_oil_bulletin","ecb_exr_reference_rates","eia_brent_rbrte","eia_us_product_spot","eurostat_nrg_stk_oem","eurostat_nrg_stk_oilm","eurostat_nrg_ti_oilm","reference_hormuz_v1"]
    holder_type
    STK_CL
    series_code
    INVENTORY_DE
    country_iso2
    DE
    country_name
    Germany
    country_slug
    germany
    days_of_cover
    99
    metric_status
    COMPUTED
    mom_change_pct
    -1.2985089226474447
    statement_topic
    event
    observation_date
    2022-06-01
    series_source_ids
    ["eurostat_nrg_stk_oem","eurostat_nrg_stk_oilm"]
    total_stock_tonnes
    32349771
    calculation_version
    event_statements-1.0
    days_of_cover_basis
    as published by Eurostat (nrg_stk_oem, STK_EUE_DIR); not stocks divided by consumption (docs/HORMUZ_METHOD.md D7)
    methodology_version
    1.0
    observation_gap_days
    0
    trailing_12m_mean_tonnes
    32660308.5
    level_vs_trailing_12m_pct
    -0.9508100635362952
    study_calculation_version
    event_study-1.0
    trailing_12m_observations
    12

    Template event.inventory_level.in_line v1.1 · Fingerprint 3114d1ed966c84e1e13a7c611de4fb68d1868c52d902816bd6f00e34996dbfae · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  27. Summary of what can be checked here

    Only part of the chain can be checked for Germany around Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022: 4 of the 8 series the method compares are available (crude benchmark, inventories, pre-tax pump price and pump price with tax), while refined-product benchmark, refining margin, freight rates and wholesale prices are not. Any claim that rests on the missing links cannot be tested here. Direct physical dependence on Hormuz-linked crude was limited (5–6%) over the period covered. This page describes what each series did around the event date. It is not a finding about cause: no causal design is published for this site, and a series that moved in the same window may have moved for other reasons.

    about GermanyUnknownUnknown
    Why this sentence
    Variables
    t0
    2022-06-01T00:00:00+00:00
    event
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    country
    Germany
    event_name
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    event_slug
    de-tankrabatt-2022
    event_type
    TAX_CHANGE
    country_iso2
    DE
    country_name
    Germany
    country_slug
    germany
    dependence_band
    limited
    dependence_range
    5–6%
    channels_available
    ["crude benchmark","inventories","pre-tax pump price","pump price with tax"]
    supply_template_id
    event.supply.no_reduction
    channels_unavailable
    ["refined-product benchmark","refining margin","freight rates","wholesale prices"]
    Thresholds
    source
    v1 choice of this module; the channel list is docs/PRICE_MODEL.md §2.3
    channels_total
    8
    channels_available
    4
    verdict_partial_min_channels
    3
    verdict_assessable_min_channels
    8
    Inputs
    t0
    2022-06-01T00:00:00+00:00
    event
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    country
    Germany
    event_name
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    event_slug
    de-tankrabatt-2022
    event_type
    TAX_CHANGE
    source_ids
    ["ec_weekly_oil_bulletin","ecb_exr_reference_rates","eia_brent_rbrte","eia_us_product_spot","eurostat_nrg_stk_oem","eurostat_nrg_stk_oilm","eurostat_nrg_ti_oilm","reference_hormuz_v1"]
    country_iso2
    DE
    country_name
    Germany
    country_slug
    germany
    dependence_band
    limited
    statement_topic
    event
    dependence_range
    5–6%
    channels_available
    ["crude benchmark","inventories","pre-tax pump price","pump price with tax"]
    supply_template_id
    event.supply.no_reduction
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    channels_unavailable
    ["refined-product benchmark","refining margin","freight rates","wholesale prices"]
    study_calculation_version
    event_study-1.0

    Template event.verdict.partial v1.1 · Fingerprint f5e8c2c4a7469d99c58b0095a4a3603bb3813de540c4949a9d6fe13c126bd536 · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  28. In the 7 days after Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022, the Brent crude benchmark moved +5.7%, which is 1.3 times its normal day-to-day variation over the previous three years — within that range.

    about the event as a wholeCalculatedOfficial
    Why this sentence
    Variables
    t0
    2022-06-01T00:00:00+00:00
    unit
    $/BBL
    event
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    value
    129.2
    status
    OBSERVED
    z_score
    2.0172282715868546
    t0_value
    122.2
    benchmark
    Brent crude
    change_pct
    5.7283142389525255
    event_name
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    event_slug
    de-tankrabatt-2022
    event_type
    TAX_CHANGE
    offset_days
    7
    series_code
    BRENT
    variation_label
    day-to-day
    observation_date
    2022-06-08
    same_observation
    false
    volatility_units
    1.2799598046880034
    series_source_ids
    ["eia_brent_rbrte"]
    change_abs_from_t0
    6.999999999999986
    change_pct_from_t0
    5.7283142389525255
    observation_gap_days
    0
    normal_volatility_pct
    4.4753860378832995
    change_in_volatility_units
    1.2799598046880034
    Thresholds
    source
    v1 choice of this module; docs/PRICE_MODEL.md §2.2 requires the comparison but publishes no cut-off
    volatility_definition
    sample sd of period-over-period % changes over the 3 years before T0, at the series' own frequency (day-to-day)
    unusual_move_volatility_units
    2
    Inputs
    t0
    2022-06-01T00:00:00+00:00
    unit
    $/BBL
    event
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    value
    129.2
    status
    OBSERVED
    z_score
    2.0172282715868546
    t0_value
    122.2
    benchmark
    Brent crude
    change_pct
    5.7283142389525255
    event_name
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    event_slug
    de-tankrabatt-2022
    event_type
    TAX_CHANGE
    source_ids
    ["ec_weekly_oil_bulletin","ecb_exr_reference_rates","eia_brent_rbrte","eia_us_product_spot","eurostat_nrg_stk_oem","eurostat_nrg_stk_oilm","eurostat_nrg_ti_oilm","reference_hormuz_v1"]
    offset_days
    7
    series_code
    BRENT
    statement_topic
    event
    variation_label
    day-to-day
    observation_date
    2022-06-08
    same_observation
    false
    volatility_units
    1.2799598046880034
    series_source_ids
    ["eia_brent_rbrte"]
    change_abs_from_t0
    6.999999999999986
    change_pct_from_t0
    5.7283142389525255
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    0
    normal_volatility_pct
    4.4753860378832995
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    1.2799598046880034

    Template event.benchmark_move.within_normal v1.1 · Fingerprint f87dd225bc59dba803e038025a29e47ed148997fb21d856c0cd78839753ee67a · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  29. In the 30 days after Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022, the Brent crude benchmark moved -2.4%, which is 0.5 times its normal day-to-day variation over the previous three years — within that range.

    about the event as a wholeCalculatedOfficial
    Why this sentence
    Variables
    t0
    2022-06-01T00:00:00+00:00
    unit
    $/BBL
    event
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    value
    119.21
    status
    OBSERVED
    z_score
    0.8887326572425913
    t0_value
    122.2
    benchmark
    Brent crude
    change_pct
    -2.4468085106383053
    event_name
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    event_slug
    de-tankrabatt-2022
    event_type
    TAX_CHANGE
    offset_days
    30
    series_code
    BRENT
    variation_label
    day-to-day
    observation_date
    2022-07-01
    same_observation
    false
    volatility_units
    -0.5467256880024499
    series_source_ids
    ["eia_brent_rbrte"]
    change_abs_from_t0
    -2.990000000000009
    change_pct_from_t0
    -2.4468085106383053
    observation_gap_days
    0
    normal_volatility_pct
    4.4753860378832995
    change_in_volatility_units
    -0.5467256880024499
    Thresholds
    source
    v1 choice of this module; docs/PRICE_MODEL.md §2.2 requires the comparison but publishes no cut-off
    volatility_definition
    sample sd of period-over-period % changes over the 3 years before T0, at the series' own frequency (day-to-day)
    unusual_move_volatility_units
    2
    Inputs
    t0
    2022-06-01T00:00:00+00:00
    unit
    $/BBL
    event
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    value
    119.21
    status
    OBSERVED
    z_score
    0.8887326572425913
    t0_value
    122.2
    benchmark
    Brent crude
    change_pct
    -2.4468085106383053
    event_name
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    event_slug
    de-tankrabatt-2022
    event_type
    TAX_CHANGE
    source_ids
    ["ec_weekly_oil_bulletin","ecb_exr_reference_rates","eia_brent_rbrte","eia_us_product_spot","eurostat_nrg_stk_oem","eurostat_nrg_stk_oilm","eurostat_nrg_ti_oilm","reference_hormuz_v1"]
    offset_days
    30
    series_code
    BRENT
    statement_topic
    event
    variation_label
    day-to-day
    observation_date
    2022-07-01
    same_observation
    false
    volatility_units
    -0.5467256880024499
    series_source_ids
    ["eia_brent_rbrte"]
    change_abs_from_t0
    -2.990000000000009
    change_pct_from_t0
    -2.4468085106383053
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    0
    normal_volatility_pct
    4.4753860378832995
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    -0.5467256880024499

    Template event.benchmark_move.within_normal v1.1 · Fingerprint fad3fa12c4cda01a6223521c8666f80ff0cc67ef8185a2d6e383ba814fecdcc1 · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  30. In the 90 days after Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022, the Brent crude benchmark moved -18.7%, which is 4.2 times its normal day-to-day variation over the previous three years — outside that range.

    about the event as a wholeCalculatedOfficial
    Why this sentence
    Variables
    t0
    2022-06-01T00:00:00+00:00
    unit
    $/BBL
    event
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    value
    99.34
    status
    OBSERVED
    z_score
    -1.355832693810513
    t0_value
    122.2
    benchmark
    Brent crude
    change_pct
    -18.707037643207855
    event_name
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    event_slug
    de-tankrabatt-2022
    event_type
    TAX_CHANGE
    offset_days
    90
    series_code
    BRENT
    variation_label
    day-to-day
    observation_date
    2022-08-30
    same_observation
    false
    volatility_units
    -4.179983019309688
    series_source_ids
    ["eia_brent_rbrte"]
    change_abs_from_t0
    -22.86
    change_pct_from_t0
    -18.707037643207855
    observation_gap_days
    0
    normal_volatility_pct
    4.4753860378832995
    change_in_volatility_units
    -4.179983019309688
    Thresholds
    source
    v1 choice of this module; docs/PRICE_MODEL.md §2.2 requires the comparison but publishes no cut-off
    volatility_definition
    sample sd of period-over-period % changes over the 3 years before T0, at the series' own frequency (day-to-day)
    unusual_move_volatility_units
    2
    Inputs
    t0
    2022-06-01T00:00:00+00:00
    unit
    $/BBL
    event
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    value
    99.34
    status
    OBSERVED
    z_score
    -1.355832693810513
    t0_value
    122.2
    benchmark
    Brent crude
    change_pct
    -18.707037643207855
    event_name
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    event_slug
    de-tankrabatt-2022
    event_type
    TAX_CHANGE
    source_ids
    ["ec_weekly_oil_bulletin","ecb_exr_reference_rates","eia_brent_rbrte","eia_us_product_spot","eurostat_nrg_stk_oem","eurostat_nrg_stk_oilm","eurostat_nrg_ti_oilm","reference_hormuz_v1"]
    offset_days
    90
    series_code
    BRENT
    statement_topic
    event
    variation_label
    day-to-day
    observation_date
    2022-08-30
    same_observation
    false
    volatility_units
    -4.179983019309688
    series_source_ids
    ["eia_brent_rbrte"]
    change_abs_from_t0
    -22.86
    change_pct_from_t0
    -18.707037643207855
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    0
    normal_volatility_pct
    4.4753860378832995
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    -4.179983019309688

    Template event.benchmark_move.outside_normal v1.1 · Fingerprint 3c93fc5aedb651c26598bd6d9310189a42a1c8df629f57a43bf0be16cf35bb23 · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  31. Freight rates reaction cannot be assessed: tanker freight rates are licensed such that public display, onward passing and derived data are all expressly prohibited, verified verbatim, and no open institution publishes a tanker rate.

    about the event as a wholeUnknownUnknown
    Why this sentence
    Variables
    t0
    2022-06-01T00:00:00+00:00
    channels
    ["freight rates"]
    event_name
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    event_slug
    de-tankrabatt-2022
    event_type
    TAX_CHANGE
    reason_code
    NO_LICENSED_FREIGHT_SOURCE
    Thresholds
    source
    CLAUDE.md §1; docs/PRICE_MODEL.md §2.1 (a series with no licensed source is visible as a gap)
    any_missing_channel_is_disclosed
    true
    Inputs
    t0
    2022-06-01T00:00:00+00:00
    channels
    ["freight rates"]
    event_name
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    event_slug
    de-tankrabatt-2022
    event_type
    TAX_CHANGE
    source_ids
    ["ec_weekly_oil_bulletin","ecb_exr_reference_rates","eia_brent_rbrte","eia_us_product_spot","eurostat_nrg_stk_oem","eurostat_nrg_stk_oilm","eurostat_nrg_ti_oilm","reference_hormuz_v1"]
    reason_code
    NO_LICENSED_FREIGHT_SOURCE
    statement_topic
    event
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    study_calculation_version
    event_study-1.0

    Template event.channel.unavailable v1.1 · Fingerprint 5682d55cccd2b29a396302436312a88aeeb0ee29362398f48b45370bc339e780 · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  32. Refined-product benchmark reaction cannot be assessed: EU refined-product benchmarks (Platts / Argus) are proprietary with no redistribution grant. US crack spreads are not a valid EU proxy and are not substituted.

    about the event as a wholeUnknownUnknown
    Why this sentence
    Variables
    t0
    2022-06-01T00:00:00+00:00
    channels
    ["refined-product benchmark"]
    event_name
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    event_slug
    de-tankrabatt-2022
    event_type
    TAX_CHANGE
    reason_code
    NO_LICENSED_PRODUCT_BENCHMARK
    Thresholds
    source
    CLAUDE.md §1; docs/PRICE_MODEL.md §2.1 (a series with no licensed source is visible as a gap)
    any_missing_channel_is_disclosed
    true
    Inputs
    t0
    2022-06-01T00:00:00+00:00
    channels
    ["refined-product benchmark"]
    event_name
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    event_slug
    de-tankrabatt-2022
    event_type
    TAX_CHANGE
    source_ids
    ["ec_weekly_oil_bulletin","ecb_exr_reference_rates","eia_brent_rbrte","eia_us_product_spot","eurostat_nrg_stk_oem","eurostat_nrg_stk_oilm","eurostat_nrg_ti_oilm","reference_hormuz_v1"]
    reason_code
    NO_LICENSED_PRODUCT_BENCHMARK
    statement_topic
    event
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    study_calculation_version
    event_study-1.0

    Template event.channel.unavailable v1.1 · Fingerprint 9f428e998d4f8e3f0b62ce0e589b72e73c5860218140f2727aa93741661c7d36 · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  33. Wholesale prices reaction cannot be assessed: wholesale / rack price series are proprietary with no redistribution grant.

    about the event as a wholeUnknownUnknown
    Why this sentence
    Variables
    t0
    2022-06-01T00:00:00+00:00
    channels
    ["wholesale prices"]
    event_name
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    event_slug
    de-tankrabatt-2022
    event_type
    TAX_CHANGE
    reason_code
    NO_LICENSED_WHOLESALE_SERIES
    Thresholds
    source
    CLAUDE.md §1; docs/PRICE_MODEL.md §2.1 (a series with no licensed source is visible as a gap)
    any_missing_channel_is_disclosed
    true
    Inputs
    t0
    2022-06-01T00:00:00+00:00
    channels
    ["wholesale prices"]
    event_name
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    event_slug
    de-tankrabatt-2022
    event_type
    TAX_CHANGE
    source_ids
    ["ec_weekly_oil_bulletin","ecb_exr_reference_rates","eia_brent_rbrte","eia_us_product_spot","eurostat_nrg_stk_oem","eurostat_nrg_stk_oilm","eurostat_nrg_ti_oilm","reference_hormuz_v1"]
    reason_code
    NO_LICENSED_WHOLESALE_SERIES
    statement_topic
    event
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    study_calculation_version
    event_study-1.0

    Template event.channel.unavailable v1.1 · Fingerprint 56fb16ffc2601451cfda44b453655b8c4394e0f659ccd04a0f7a8a13e347bf80 · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  34. Refining margin reaction cannot be assessed: no published refining-margin series is held, and computing a margin ourselves would need the licensed EU product benchmarks, which may not be republished.

    about the event as a wholeUnknownUnknown
    Why this sentence
    Variables
    t0
    2022-06-01T00:00:00+00:00
    channels
    ["refining margin"]
    event_name
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    event_slug
    de-tankrabatt-2022
    event_type
    TAX_CHANGE
    reason_code
    NO_REFINERY_MARGIN_SERIES
    Thresholds
    source
    CLAUDE.md §1; docs/PRICE_MODEL.md §2.1 (a series with no licensed source is visible as a gap)
    any_missing_channel_is_disclosed
    true
    Inputs
    t0
    2022-06-01T00:00:00+00:00
    channels
    ["refining margin"]
    event_name
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    event_slug
    de-tankrabatt-2022
    event_type
    TAX_CHANGE
    source_ids
    ["ec_weekly_oil_bulletin","ecb_exr_reference_rates","eia_brent_rbrte","eia_us_product_spot","eurostat_nrg_stk_oem","eurostat_nrg_stk_oilm","eurostat_nrg_ti_oilm","reference_hormuz_v1"]
    reason_code
    NO_REFINERY_MARGIN_SERIES
    statement_topic
    event
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    study_calculation_version
    event_study-1.0

    Template event.channel.unavailable v1.1 · Fingerprint 98f34b162486945bf201f66ee3c233374109d50156f5d4ec98817b088ac4af77 · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

What this does not show

  • It does not show that the event caused anything. No causal design is published for this site, and a series that moved in this window may have moved for other reasons.
  • A change in volatility units is not a significance test, and neither is a z-score. They measure different things and are not interchangeable.
  • Channels with no licensed or loaded source are shown as empty panels, not as flat lines. “We cannot see this” is not “this did not move”.
  • Nothing is interpolated. Where several offsets resolve to one published figure, that is what the publisher printed, and the change against the event date is zero because it is the same number.

Germany: supply, refineries and pump prices →

How to read the labels

  • OfficialReported directly by an official authority.
  • VerifiedReported by a third party we have verified against a primary record.
  • CalculatedComputed by us from reported inputs. The method is published on the methodology page.
  • Inferred · highNot reported. Inferred from at least two independent physical records.
  • Inferred · mediumNot reported. Inferred from strong indirect evidence, with no explicit confirmation.
  • Inferred · lowNot reported. Plausible from infrastructure or movement data only. Do not read as fact.
  • UnknownNo defensible public evidence establishes this. We are not guessing, and this is not a measurement of zero.