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.

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

279 published readings, 7 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
T0−30T0+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
T0−30T0+30+60+901,035,080775,9202022-05-01: 1,010,000 tonnes, used for offsets −30, −14, −7, −3, −1same print as T0 — 2022-06-01, 810,000 tonnes, used for offsets T0, +1, +3, +7, +142022-07-01: 801,000 tonnes, used for offsets +30, +602022-08-01: 881,000 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
−302022-05-011,010,000+200,000+24.69%+0.69
−142022-05-011,010,000+200,000+24.69%+0.69
−72022-05-011,010,000+200,000+24.69%+0.69
−32022-05-011,010,000+200,000+24.69%+0.69
−12022-05-011,010,000+200,000+24.69%+0.69
T02022-06-01same print as T0810,0000.0000.00%0.00
+12022-06-01same print as T0810,0000.0000.00%0.00
+32022-06-01same print as T0810,0000.0000.00%0.00
+72022-06-01same print as T0810,0000.0000.00%0.00
+142022-06-01same print as T0810,0000.0000.00%0.00
+302022-07-01801,000-9,000-1.11%-0.03
+602022-07-01801,000-9,000-1.11%-0.03
+902022-08-01881,000+71,000+8.77%+0.25

One volatility unit for this series is 35.56%, 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
T0−30T0+30+60+901.2271.0192022-05-02: 1.039 € per litre, used for offsets −302022-05-16: 1.084 € per litre, used for offsets −142022-05-23: 1.105 € per litre, used for offsets −7, −3same print as T0 — 2022-05-30, 1.130 € per litre, used for offsets −1, T0, +1, +32022-06-06: 1.162 € per litre, used for offsets +72022-06-13: 1.193 € per litre, used for offsets +142022-06-27: 1.196 € per litre, used for offsets +302022-07-25: 1.206 € per litre, used for offsets +602022-08-29: 1.191 € 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
−302022-05-021.039-0.091-8.08%-1.66
−142022-05-161.084-0.046-4.07%-0.84
−72022-05-231.105-0.025-2.19%-0.45
−32022-05-231.105-0.025-2.19%-0.45
−12022-05-30same print as T01.1300.0000.00%0.00
T02022-05-30same print as T01.1300.0000.00%0.00
+12022-05-30same print as T01.1300.0000.00%0.00
+32022-05-30same print as T01.1300.0000.00%0.00
+72022-06-061.162+0.032+2.80%+0.57
+142022-06-131.193+0.063+5.56%+1.14
+302022-06-271.196+0.066+5.81%+1.19
+602022-07-251.206+0.076+6.76%+1.39
+902022-08-291.191+0.061+5.36%+1.10

One volatility unit for this series is 4.87%, 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
T0−30T0+30+60+901.0610.9382022-05-02: 0.9497 € per litre, used for offsets −302022-05-16: 0.9739 € per litre, used for offsets −142022-05-23: 0.9866 € per litre, used for offsets −7, −3same print as T0 — 2022-05-30, 1.007 € per litre, used for offsets −1, T0, +1, +32022-06-06: 1.026 € per litre, used for offsets +72022-06-13: 1.049 € per litre, used for offsets +142022-06-27: 1.018 € per litre, used for offsets +302022-07-25: 1.015 € per litre, used for offsets +602022-08-29: 0.9672 € 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
−302022-05-020.9497-0.057-5.67%-3.31
−142022-05-160.9739-0.033-3.26%-1.90
−72022-05-230.9866-0.020-2.00%-1.17
−32022-05-230.9866-0.020-2.00%-1.17
−12022-05-30same print as T01.0070.0000.00%0.00
T02022-05-30same print as T01.0070.0000.00%0.00
+12022-05-30same print as T01.0070.0000.00%0.00
+32022-05-30same print as T01.0070.0000.00%0.00
+72022-06-061.026+0.019+1.92%+1.12
+142022-06-131.049+0.043+4.22%+2.46
+302022-06-271.018+0.011+1.10%+0.64
+602022-07-251.015+0.009+0.86%+0.50
+902022-08-290.9672-0.040-3.93%-2.29

One volatility unit for this series is 1.71%, 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
T0−30T0+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
T0−30T0+30+60+9012.090.00same print as T0 — 2022-06-01, 0 % of imported tonnes, used for offsets T0, +1, +3, +7, +142022-07-01: 0 % of imported tonnes, used for offsets +30, +602022-05-01: 10.35 to 10.79 % of imported tonnes. No point estimate is published, so no midpoint is drawn.2022-08-01: 10.34 to 10.78 % 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
−302022-05-0110.35–10.79not publishednot publishednot published
−142022-05-0110.35–10.79not publishednot publishednot published
−72022-05-0110.35–10.79not publishednot publishednot published
−32022-05-0110.35–10.79not publishednot publishednot published
−12022-05-0110.35–10.79not publishednot publishednot published
T02022-06-01same print as T000.000not publishednot published
+12022-06-01same print as T000.000not publishednot published
+32022-06-01same print as T000.000not publishednot published
+72022-06-01same print as T000.000not publishednot published
+142022-06-01same print as T000.000not publishednot published
+302022-07-0100.000not publishednot published
+602022-07-0100.000not publishednot published
+902022-08-0110.34–10.78not 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
T0−30T0+30+60+902.4480.0002022-05-01: 0 % of imported tonnes, used for offsets −30, −14, −7, −3, −1same print as T0 — 2022-06-01, 0 % of imported tonnes, used for offsets T0, +1, +3, +7, +142022-07-01: 0 % of imported tonnes, used for offsets +30, +602022-08-01: 0 to 2.186 % 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
−302022-05-0100.000not publishednot published
−142022-05-0100.000not publishednot published
−72022-05-0100.000not publishednot published
−32022-05-0100.000not publishednot published
−12022-05-0100.000not publishednot published
T02022-06-01same print as T000.000not publishednot published
+12022-06-01same print as T000.000not publishednot published
+32022-06-01same print as T000.000not publishednot published
+72022-06-01same print as T000.000not publishednot published
+142022-06-01same print as T000.000not publishednot published
+302022-07-0100.000not publishednot published
+602022-07-0100.000not publishednot published
+902022-08-010–2.186not 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
T0−30T0+30+60+9086.3272.682022-05-01: 85.00 days of cover, used for offsets −30, −14, −7, −3, −1same print as T0 — 2022-06-01, 85.00 days of cover, used for offsets T0, +1, +3, +7, +142022-07-01: 76.00 days of cover, used for offsets +30, +602022-08-01: 74.00 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
−302022-05-0185.000.0000.00%0.00
−142022-05-0185.000.0000.00%0.00
−72022-05-0185.000.0000.00%0.00
−32022-05-0185.000.0000.00%0.00
−12022-05-0185.000.0000.00%0.00
T02022-06-01same print as T085.000.0000.00%0.00
+12022-06-01same print as T085.000.0000.00%0.00
+32022-06-01same print as T085.000.0000.00%0.00
+72022-06-01same print as T085.000.0000.00%0.00
+142022-06-01same print as T085.000.0000.00%0.00
+302022-07-0176.00-9.000-10.59%-9.61
+602022-07-0176.00-9.000-10.59%-9.61
+902022-08-0174.00-11.000-12.94%-11.75

One volatility unit for this series is 1.10%, 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: weeklyCalculatedMedium
T0−30T0+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: weeklyCalculatedMedium
T0−30T0+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
T0−30T0+30+60+902,522,6802,288,3202022-05-01: 2,342,000 tonnes, used for offsets −30, −14, −7, −3, −1same print as T0 — 2022-06-01, 2,391,000 tonnes, used for offsets T0, +1, +3, +7, +142022-07-01: 2,500,000 tonnes, used for offsets +30, +602022-08-01: 2,311,000 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
−302022-05-012,342,000-49,000-2.05%-0.35
−142022-05-012,342,000-49,000-2.05%-0.35
−72022-05-012,342,000-49,000-2.05%-0.35
−32022-05-012,342,000-49,000-2.05%-0.35
−12022-05-012,342,000-49,000-2.05%-0.35
T02022-06-01same print as T02,391,0000.0000.00%0.00
+12022-06-01same print as T02,391,0000.0000.00%0.00
+32022-06-01same print as T02,391,0000.0000.00%0.00
+72022-06-01same print as T02,391,0000.0000.00%0.00
+142022-06-01same print as T02,391,0000.0000.00%0.00
+302022-07-012,500,000+109,000+4.56%+0.77
+602022-07-012,500,000+109,000+4.56%+0.77
+902022-08-012,311,000-80,000-3.35%-0.57

One volatility unit for this series is 5.92%, 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
T0−30T0+30+60+900.060-0.0502022-05-02: 0.0496 € per litre, used for offsets −302022-05-16: 0.0420 € per litre, used for offsets −142022-05-23: 0.0182 € 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: -0.0131 € per litre, used for offsets +72022-06-13: -0.0094 € per litre, used for offsets +142022-06-27: -0.0014 € per litre, used for offsets +302022-07-25: -0.0395 € per litre, used for offsets +602022-08-29: -0.0375 € 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
−302022-05-020.0496+0.050not publishednot published
−142022-05-160.0420+0.042not publishednot published
−72022-05-230.0182+0.018not publishednot published
−32022-05-230.0182+0.018not 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
+72022-06-06-0.0131-0.013not publishednot published
+142022-06-13-0.0094-0.009not publishednot published
+302022-06-27-0.0014-0.001not publishednot published
+602022-07-25-0.0395-0.039not publishednot published
+902022-08-29-0.0375-0.038not 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
T0−30T0+30+60+900.066-0.0422022-05-02: -0.0318 € per litre, used for offsets −302022-05-16: -0.0027 € per litre, used for offsets −142022-05-23: 0.0009 € 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: 0.0011 € per litre, used for offsets +72022-06-13: 0.0187 € per litre, used for offsets +142022-06-27: 0.0558 € per litre, used for offsets +302022-07-25: 0.0135 € per litre, used for offsets +602022-08-29: 0.0445 € 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
−302022-05-02-0.0318-0.032not publishednot published
−142022-05-16-0.0027-0.003not publishednot published
−72022-05-230.0009+0.001not publishednot published
−32022-05-230.0009+0.001not 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
+72022-06-060.0011+0.001not publishednot published
+142022-06-130.0187+0.019not publishednot published
+302022-06-270.0558+0.056not publishednot published
+602022-07-250.0135+0.013not publishednot published
+902022-08-290.0445+0.044not 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
T0−30T0+30+60+901.8541.6972022-05-02: 1.712 € per litre, used for offsets −302022-05-16: 1.757 € per litre, used for offsets −142022-05-23: 1.754 € per litre, used for offsets −7, −3same print as T0 — 2022-05-30, 1.762 € per litre, used for offsets −1, T0, +1, +32022-06-06: 1.785 € per litre, used for offsets +72022-06-13: 1.826 € per litre, used for offsets +142022-06-27: 1.839 € per litre, used for offsets +302022-07-25: 1.807 € per litre, used for offsets +602022-08-29: 1.796 € 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
−302022-05-021.712-0.050-2.84%-1.74
−142022-05-161.757-0.005-0.29%-0.17
−72022-05-231.754-0.008-0.46%-0.28
−32022-05-231.754-0.008-0.46%-0.28
−12022-05-30same print as T01.7620.0000.00%0.00
T02022-05-30same print as T01.7620.0000.00%0.00
+12022-05-30same print as T01.7620.0000.00%0.00
+32022-05-30same print as T01.7620.0000.00%0.00
+72022-06-061.785+0.022+1.26%+0.77
+142022-06-131.826+0.064+3.61%+2.21
+302022-06-271.839+0.076+4.34%+2.65
+602022-07-251.807+0.045+2.54%+1.55
+902022-08-291.796+0.034+1.92%+1.17

One volatility unit for this series is 1.63%, 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
T0−30T0+30+60+901.7551.5252022-05-02: 1.547 € per litre, used for offsets −302022-05-16: 1.611 € per litre, used for offsets −142022-05-23: 1.631 € per litre, used for offsets −7, −3same print as T0 — 2022-05-30, 1.654 € per litre, used for offsets −1, T0, +1, +32022-06-06: 1.678 € per litre, used for offsets +72022-06-13: 1.726 € per litre, used for offsets +142022-06-27: 1.733 € per litre, used for offsets +302022-07-25: 1.681 € per litre, used for offsets +602022-08-29: 1.666 € 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
−302022-05-021.547-0.106-6.42%-3.95
−142022-05-161.611-0.043-2.57%-1.58
−72022-05-231.631-0.023-1.40%-0.86
−32022-05-231.631-0.023-1.40%-0.86
−12022-05-30same print as T01.6540.0000.00%0.00
T02022-05-30same print as T01.6540.0000.00%0.00
+12022-05-30same print as T01.6540.0000.00%0.00
+32022-05-30same print as T01.6540.0000.00%0.00
+72022-06-061.678+0.024+1.48%+0.91
+142022-06-131.726+0.073+4.39%+2.70
+302022-06-271.733+0.080+4.81%+2.96
+602022-07-251.681+0.027+1.65%+1.02
+902022-08-291.666+0.013+0.77%+0.47

One volatility unit for this series is 1.62%, 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
T0−30T0+30+60+901.2071.0762022-05-02: 1.088 € per litre, used for offsets −302022-05-16: 1.126 € per litre, used for offsets −142022-05-23: 1.124 € per litre, used for offsets −7, −3same print as T0 — 2022-05-30, 1.130 € per litre, used for offsets −1, T0, +1, +32022-06-06: 1.149 € per litre, used for offsets +72022-06-13: 1.184 € per litre, used for offsets +142022-06-27: 1.194 € per litre, used for offsets +302022-07-25: 1.167 € per litre, used for offsets +602022-08-29: 1.153 € 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
−302022-05-021.088-0.042-3.69%-1.56
−142022-05-161.126-0.004-0.36%-0.15
−72022-05-231.124-0.007-0.58%-0.24
−32022-05-231.124-0.007-0.58%-0.24
−12022-05-30same print as T01.1300.0000.00%0.00
T02022-05-30same print as T01.1300.0000.00%0.00
+12022-05-30same print as T01.1300.0000.00%0.00
+32022-05-30same print as T01.1300.0000.00%0.00
+72022-06-061.149+0.019+1.64%+0.69
+142022-06-131.184+0.054+4.74%+2.00
+302022-06-271.194+0.064+5.68%+2.40
+602022-07-251.167+0.037+3.26%+1.38
+902022-08-291.153+0.023+2.04%+0.86

One volatility unit for this series is 2.37%, 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
T0−30T0+30+60+901.0920.8992022-05-02: 0.9178 € per litre, used for offsets −302022-05-16: 0.9713 € per litre, used for offsets −142022-05-23: 0.9876 € per litre, used for offsets −7, −3same print as T0 — 2022-05-30, 1.007 € per litre, used for offsets −1, T0, +1, +32022-06-06: 1.027 € per litre, used for offsets +72022-06-13: 1.068 € per litre, used for offsets +142022-06-27: 1.074 € per litre, used for offsets +302022-07-25: 1.029 € per litre, used for offsets +602022-08-29: 1.012 € 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
−302022-05-020.9178-0.089-8.83%-3.46
−142022-05-160.9713-0.035-3.53%-1.38
−72022-05-230.9876-0.019-1.91%-0.75
−32022-05-230.9876-0.019-1.91%-0.75
−12022-05-30same print as T01.0070.0000.00%0.00
T02022-05-30same print as T01.0070.0000.00%0.00
+12022-05-30same print as T01.0070.0000.00%0.00
+32022-05-30same print as T01.0070.0000.00%0.00
+72022-06-061.027+0.020+2.03%+0.79
+142022-06-131.068+0.061+6.08%+2.38
+302022-06-271.074+0.067+6.64%+2.60
+602022-07-251.029+0.022+2.20%+0.86
+902022-08-291.012+0.005+0.48%+0.19

One volatility unit for this series is 2.55%, 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: weeklyCalculatedMedium
T0−30T0+30+60+900.6470.6222022-05-02: 0.6240 € per litre, used for offsets −302022-05-16: 0.6312 € per litre, used for offsets −142022-05-23: 0.6307 € per litre, used for offsets −7, −3same print as T0 — 2022-05-30, 0.6322 € per litre, used for offsets −1, T0, +1, +32022-06-06: 0.6359 € per litre, used for offsets +72022-06-13: 0.6423 € per litre, used for offsets +142022-06-27: 0.6444 € per litre, used for offsets +302022-07-25: 0.6401 € per litre, used for offsets +602022-08-29: 0.6430 € 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
−302022-05-020.6240-0.008-1.30%-1.13
−142022-05-160.6312-0.001-0.16%-0.14
−72022-05-230.6307-0.001-0.24%-0.20
−32022-05-230.6307-0.001-0.24%-0.20
−12022-05-30same print as T00.63220.0000.00%0.00
T02022-05-30same print as T00.63220.0000.00%0.00
+12022-05-30same print as T00.63220.0000.00%0.00
+32022-05-30same print as T00.63220.0000.00%0.00
+72022-06-060.6359+0.004+0.58%+0.50
+142022-06-130.6423+0.010+1.58%+1.37
+302022-06-270.6444+0.012+1.93%+1.67
+602022-07-250.6401+0.008+1.24%+1.08
+902022-08-290.6430+0.011+1.70%+1.47

One volatility unit for this series is 1.15%, 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: weeklyCalculatedMedium
T0−30T0+30+60+900.6630.6262022-05-02: 0.6296 € per litre, used for offsets −302022-05-16: 0.6398 € per litre, used for offsets −142022-05-23: 0.6429 € per litre, used for offsets −7, −3same print as T0 — 2022-05-30, 0.6469 € per litre, used for offsets −1, T0, +1, +32022-06-06: 0.6509 € per litre, used for offsets +72022-06-13: 0.6583 € per litre, used for offsets +142022-06-27: 0.6596 € per litre, used for offsets +302022-07-25: 0.6520 € per litre, used for offsets +602022-08-29: 0.6547 € 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
−302022-05-020.6296-0.017-2.67%-2.48
−142022-05-160.6398-0.007-1.08%-1.01
−72022-05-230.6429-0.004-0.61%-0.56
−32022-05-230.6429-0.004-0.61%-0.56
−12022-05-30same print as T00.64690.0000.00%0.00
T02022-05-30same print as T00.64690.0000.00%0.00
+12022-05-30same print as T00.64690.0000.00%0.00
+32022-05-30same print as T00.64690.0000.00%0.00
+72022-06-060.6509+0.004+0.62%+0.58
+142022-06-130.6583+0.011+1.77%+1.65
+302022-06-270.6596+0.013+1.96%+1.83
+602022-07-250.6520+0.005+0.79%+0.74
+902022-08-290.6547+0.008+1.22%+1.13

One volatility unit for this series is 1.08%, 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
T0−30T0+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
T0−30T0+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
T0−30T0+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.Observed
0 % of imported tonnes at +30 d (published 2022-07-01)
Direct product exposure (D2)Share of imported refined product whose route requires the Strait of Hormuz.Observed
0 % of imported tonnes at +30 d (published 2022-07-01)
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.Observed
76.00 days of cover at +30 d (published 2022-07-01)-10.59% from the level at T0 = -9.61 volatility units
Crude benchmarkThe quoted crude price European cargoes are priced against.Observed
119.2 $ 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.Observed
2,500,000 tonnes at +30 d (published 2022-07-01)+4.56% from the level at T0 = +0.77 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.Observed
1.194 € per litre at +30 d (published 2022-06-27)+5.68% from the level at T0 = +2.40 volatility units
Pump price with taxWhat a driver actually paid.Observed
1.839 € per litre at +30 d (published 2022-06-27)+4.34% from the level at T0 = +2.65 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: Romania, 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.

The crude-only comparison could not be read.

API 404 for /api/events/de-tankrabatt-2022/crude-only: No stored crude-only run for 'de-tankrabatt-2022' and country 'romania'. Runs are stored for the pilot countries; available_countries lists them.

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, Romania's pre-tax petrol price moved +2.0%, which is 0.8 times its normal week-to-week variation over the previous three years — within that range.

    about RomaniaCalculatedOfficial
    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
    1.02718
    status
    OBSERVED
    country
    Romania
    z_score
    2.3947434634749842
    t0_value
    1.00676
    fuel_type
    EURO_SUPER_95
    change_pct
    2.0282887679287893
    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_RO_EURO_SUPER_95
    series_kind
    pre-tax
    country_iso2
    RO
    country_name
    Romania
    country_slug
    romania
    variation_label
    week-to-week
    observation_date
    2022-06-06
    same_observation
    false
    volatility_units
    0.7947542554415096
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.020419999999999883
    change_pct_from_t0
    2.0282887679287893
    observation_gap_days
    2
    normal_volatility_pct
    2.552095511337671
    change_in_volatility_units
    0.7947542554415096
    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
    1.02718
    status
    OBSERVED
    country
    Romania
    z_score
    2.3947434634749842
    t0_value
    1.00676
    fuel_type
    EURO_SUPER_95
    change_pct
    2.0282887679287893
    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_RO_EURO_SUPER_95
    series_kind
    pre-tax
    country_iso2
    RO
    country_name
    Romania
    country_slug
    romania
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2022-06-06
    same_observation
    false
    volatility_units
    0.7947542554415096
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.020419999999999883
    change_pct_from_t0
    2.0282887679287893
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    2
    normal_volatility_pct
    2.552095511337671
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    0.7947542554415096

    Template event.price_move.within_normal v1.1 · Fingerprint 43c5fcc1100151e85fdb15ec3b7b5a7559665fd5a2315683b08c92158c12f5b3 · 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, Romania's pre-tax petrol price moved +6.6%, which is 2.6 times its normal week-to-week variation over the previous three years — outside that range.

    about RomaniaCalculatedOfficial
    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
    1.07361
    status
    OBSERVED
    country
    Romania
    z_score
    3.5826669254692214
    t0_value
    1.00676
    fuel_type
    EURO_SUPER_95
    change_pct
    6.640112837220375
    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_RO_EURO_SUPER_95
    series_kind
    pre-tax
    country_iso2
    RO
    country_name
    Romania
    country_slug
    romania
    variation_label
    week-to-week
    observation_date
    2022-06-27
    same_observation
    false
    volatility_units
    2.6018277167612687
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.06684999999999985
    change_pct_from_t0
    6.640112837220375
    observation_gap_days
    4
    normal_volatility_pct
    2.552095511337671
    change_in_volatility_units
    2.6018277167612687
    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
    1.07361
    status
    OBSERVED
    country
    Romania
    z_score
    3.5826669254692214
    t0_value
    1.00676
    fuel_type
    EURO_SUPER_95
    change_pct
    6.640112837220375
    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_RO_EURO_SUPER_95
    series_kind
    pre-tax
    country_iso2
    RO
    country_name
    Romania
    country_slug
    romania
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2022-06-27
    same_observation
    false
    volatility_units
    2.6018277167612687
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.06684999999999985
    change_pct_from_t0
    6.640112837220375
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    4
    normal_volatility_pct
    2.552095511337671
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    2.6018277167612687

    Template event.price_move.outside_normal v1.1 · Fingerprint 42427c73388760751b2fa2d009cf2b1c93c6ed77133dd1a4afb9cf7a539d7750 · 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, Romania's pre-tax petrol price moved +0.5%, which is 0.2 times its normal week-to-week variation over the previous three years — within that range.

    about RomaniaCalculatedOfficial
    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
    1.0116100000000001
    status
    OBSERVED
    country
    Romania
    z_score
    1.996381018864816
    t0_value
    1.00676
    fuel_type
    EURO_SUPER_95
    change_pct
    0.4817434145178613
    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_RO_EURO_SUPER_95
    series_kind
    pre-tax
    country_iso2
    RO
    country_name
    Romania
    country_slug
    romania
    variation_label
    week-to-week
    observation_date
    2022-08-29
    same_observation
    false
    volatility_units
    0.18876386576353382
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.004850000000000021
    change_pct_from_t0
    0.4817434145178613
    observation_gap_days
    1
    normal_volatility_pct
    2.552095511337671
    change_in_volatility_units
    0.18876386576353382
    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
    1.0116100000000001
    status
    OBSERVED
    country
    Romania
    z_score
    1.996381018864816
    t0_value
    1.00676
    fuel_type
    EURO_SUPER_95
    change_pct
    0.4817434145178613
    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_RO_EURO_SUPER_95
    series_kind
    pre-tax
    country_iso2
    RO
    country_name
    Romania
    country_slug
    romania
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2022-08-29
    same_observation
    false
    volatility_units
    0.18876386576353382
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.004850000000000021
    change_pct_from_t0
    0.4817434145178613
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    1
    normal_volatility_pct
    2.552095511337671
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    0.18876386576353382

    Template event.price_move.within_normal v1.1 · Fingerprint 2cfb6e739591643a807855d69cc276dfaaca252a49e0123e958c2f55f2638c12 · 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, Romania's tax-inclusive petrol price moved +1.5%, which is 0.9 times its normal week-to-week variation over the previous three years — within that range.

    about RomaniaCalculatedOfficial
    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
    1.6780599999999999
    status
    OBSERVED
    country
    Romania
    z_score
    2.402006935440997
    t0_value
    1.65361
    fuel_type
    EURO_SUPER_95
    change_pct
    1.478583220952937
    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_RO_EURO_SUPER_95
    series_kind
    tax-inclusive
    country_iso2
    RO
    country_name
    Romania
    country_slug
    romania
    variation_label
    week-to-week
    observation_date
    2022-06-06
    same_observation
    false
    volatility_units
    0.9105345473678694
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.02444999999999986
    change_pct_from_t0
    1.478583220952937
    observation_gap_days
    2
    normal_volatility_pct
    1.6238628454320114
    change_in_volatility_units
    0.9105345473678694
    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
    1.6780599999999999
    status
    OBSERVED
    country
    Romania
    z_score
    2.402006935440997
    t0_value
    1.65361
    fuel_type
    EURO_SUPER_95
    change_pct
    1.478583220952937
    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_RO_EURO_SUPER_95
    series_kind
    tax-inclusive
    country_iso2
    RO
    country_name
    Romania
    country_slug
    romania
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2022-06-06
    same_observation
    false
    volatility_units
    0.9105345473678694
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.02444999999999986
    change_pct_from_t0
    1.478583220952937
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    2
    normal_volatility_pct
    1.6238628454320114
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    0.9105345473678694

    Template event.price_move.within_normal v1.1 · Fingerprint 616c2e39ea1fcc96b139e78a46d82931ae590e93ea8f41dfd21894362f081f09 · 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, Romania's tax-inclusive petrol price moved +4.8%, which is 3.0 times its normal week-to-week variation over the previous three years — outside that range.

    about RomaniaCalculatedOfficial
    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
    1.73317
    status
    OBSERVED
    country
    Romania
    z_score
    3.5869761360408563
    t0_value
    1.65361
    fuel_type
    EURO_SUPER_95
    change_pct
    4.811291658855478
    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_RO_EURO_SUPER_95
    series_kind
    tax-inclusive
    country_iso2
    RO
    country_name
    Romania
    country_slug
    romania
    variation_label
    week-to-week
    observation_date
    2022-06-27
    same_observation
    false
    volatility_units
    2.9628682449320314
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.07956000000000008
    change_pct_from_t0
    4.811291658855478
    observation_gap_days
    4
    normal_volatility_pct
    1.6238628454320114
    change_in_volatility_units
    2.9628682449320314
    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
    1.73317
    status
    OBSERVED
    country
    Romania
    z_score
    3.5869761360408563
    t0_value
    1.65361
    fuel_type
    EURO_SUPER_95
    change_pct
    4.811291658855478
    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_RO_EURO_SUPER_95
    series_kind
    tax-inclusive
    country_iso2
    RO
    country_name
    Romania
    country_slug
    romania
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2022-06-27
    same_observation
    false
    volatility_units
    2.9628682449320314
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.07956000000000008
    change_pct_from_t0
    4.811291658855478
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    4
    normal_volatility_pct
    1.6238628454320114
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    2.9628682449320314

    Template event.price_move.outside_normal v1.1 · Fingerprint f536d7f0d3ad1f764a2b506bd3f861efe4d3dd39d60f2e1dedb205af0575382a · 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, Romania's tax-inclusive petrol price moved +0.8%, which is 0.5 times its normal week-to-week variation over the previous three years — within that range.

    about RomaniaCalculatedOfficial
    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
    1.66632
    status
    OBSERVED
    country
    Romania
    z_score
    2.1495747377447145
    t0_value
    1.65361
    fuel_type
    EURO_SUPER_95
    change_pct
    0.7686213798900586
    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_RO_EURO_SUPER_95
    series_kind
    tax-inclusive
    country_iso2
    RO
    country_name
    Romania
    country_slug
    romania
    variation_label
    week-to-week
    observation_date
    2022-08-29
    same_observation
    false
    volatility_units
    0.4733290019241589
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.012709999999999999
    change_pct_from_t0
    0.7686213798900586
    observation_gap_days
    1
    normal_volatility_pct
    1.6238628454320114
    change_in_volatility_units
    0.4733290019241589
    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
    1.66632
    status
    OBSERVED
    country
    Romania
    z_score
    2.1495747377447145
    t0_value
    1.65361
    fuel_type
    EURO_SUPER_95
    change_pct
    0.7686213798900586
    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_RO_EURO_SUPER_95
    series_kind
    tax-inclusive
    country_iso2
    RO
    country_name
    Romania
    country_slug
    romania
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2022-08-29
    same_observation
    false
    volatility_units
    0.4733290019241589
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.012709999999999999
    change_pct_from_t0
    0.7686213798900586
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    1
    normal_volatility_pct
    1.6238628454320114
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    0.4733290019241589

    Template event.price_move.within_normal v1.1 · Fingerprint 2556190bea0013c8ca5b85117dc938b821eaff3b662836321e4e6c42feddf858 · 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, Romania's tax-component petrol price moved +0.6%, which is 0.6 times its normal week-to-week variation over the previous three years — within that range.

    about RomaniaCalculatedOfficial
    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
    0.6508799999999999
    status
    OBSERVED
    country
    Romania
    z_score
    2.4383078857100013
    t0_value
    0.64685
    fuel_type
    EURO_SUPER_95
    change_pct
    0.623019247120641
    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_RO_EURO_SUPER_95
    series_kind
    tax-component
    country_iso2
    RO
    country_name
    Romania
    country_slug
    romania
    variation_label
    week-to-week
    observation_date
    2022-06-06
    same_observation
    false
    volatility_units
    0.579543505570312
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.004029999999999867
    change_pct_from_t0
    0.623019247120641
    observation_gap_days
    2
    normal_volatility_pct
    1.0750172180905484
    change_in_volatility_units
    0.579543505570312
    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
    0.6508799999999999
    status
    OBSERVED
    country
    Romania
    z_score
    2.4383078857100013
    t0_value
    0.64685
    fuel_type
    EURO_SUPER_95
    change_pct
    0.623019247120641
    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_RO_EURO_SUPER_95
    series_kind
    tax-component
    country_iso2
    RO
    country_name
    Romania
    country_slug
    romania
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2022-06-06
    same_observation
    false
    volatility_units
    0.579543505570312
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.004029999999999867
    change_pct_from_t0
    0.623019247120641
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    2
    normal_volatility_pct
    1.0750172180905484
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    0.579543505570312

    Template event.price_move.within_normal v1.1 · Fingerprint cd8e1f35ea44ec7774b770d061a13ff865d2a547e7284f832698a5093d63a5c0 · 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, Romania's tax-component petrol price moved +2.0%, which is 1.8 times its normal week-to-week variation over the previous three years — within that range.

    about RomaniaCalculatedOfficial
    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
    0.65956
    status
    OBSERVED
    country
    Romania
    z_score
    3.6067879482996665
    t0_value
    0.64685
    fuel_type
    EURO_SUPER_95
    change_pct
    1.964906856303625
    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_RO_EURO_SUPER_95
    series_kind
    tax-component
    country_iso2
    RO
    country_name
    Romania
    country_slug
    romania
    variation_label
    week-to-week
    observation_date
    2022-06-27
    same_observation
    false
    volatility_units
    1.8277910560295056
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.012709999999999999
    change_pct_from_t0
    1.964906856303625
    observation_gap_days
    4
    normal_volatility_pct
    1.0750172180905484
    change_in_volatility_units
    1.8277910560295056
    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
    0.65956
    status
    OBSERVED
    country
    Romania
    z_score
    3.6067879482996665
    t0_value
    0.64685
    fuel_type
    EURO_SUPER_95
    change_pct
    1.964906856303625
    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_RO_EURO_SUPER_95
    series_kind
    tax-component
    country_iso2
    RO
    country_name
    Romania
    country_slug
    romania
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2022-06-27
    same_observation
    false
    volatility_units
    1.8277910560295056
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.012709999999999999
    change_pct_from_t0
    1.964906856303625
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    4
    normal_volatility_pct
    1.0750172180905484
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    1.8277910560295056

    Template event.price_move.within_normal v1.1 · Fingerprint 254f59c0095989a8d4f7402950f39028a1bf76ba3b18e3dc612f0e3199b20af9 · 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, Romania's tax-component petrol price moved +1.2%, which is 1.1 times its normal week-to-week variation over the previous three years — within that range.

    about RomaniaCalculatedMedium
    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
    0.6547099999999999
    status
    OBSERVED
    country
    Romania
    z_score
    2.9538929824517464
    t0_value
    0.64685
    fuel_type
    EURO_SUPER_95
    change_pct
    1.2151194249052897
    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_RO_EURO_SUPER_95
    series_kind
    tax-component
    country_iso2
    RO
    country_name
    Romania
    country_slug
    romania
    variation_label
    week-to-week
    observation_date
    2022-08-29
    same_observation
    false
    volatility_units
    1.1303255468443487
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.007859999999999867
    change_pct_from_t0
    1.2151194249052897
    observation_gap_days
    1
    normal_volatility_pct
    1.0750172180905484
    change_in_volatility_units
    1.1303255468443487
    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
    0.6547099999999999
    status
    OBSERVED
    country
    Romania
    z_score
    2.9538929824517464
    t0_value
    0.64685
    fuel_type
    EURO_SUPER_95
    change_pct
    1.2151194249052897
    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_RO_EURO_SUPER_95
    series_kind
    tax-component
    country_iso2
    RO
    country_name
    Romania
    country_slug
    romania
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2022-08-29
    same_observation
    false
    volatility_units
    1.1303255468443487
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.007859999999999867
    change_pct_from_t0
    1.2151194249052897
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    1
    normal_volatility_pct
    1.0750172180905484
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    1.1303255468443487

    Template event.price_move.within_normal v1.1 · Fingerprint 264192f559c5a2c1e166103603f30e2b9a65761523d0c4b885ec2c9d91b8d069 · 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, Romania's pre-tax diesel price moved +1.6%, which is 0.7 times its normal week-to-week variation over the previous three years — within that range.

    about RomaniaCalculatedOfficial
    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
    1.14863
    status
    OBSERVED
    country
    Romania
    z_score
    1.8057807797497853
    t0_value
    1.13006
    fuel_type
    DIESEL
    change_pct
    1.6432755782878763
    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_RO_DIESEL
    series_kind
    pre-tax
    country_iso2
    RO
    country_name
    Romania
    country_slug
    romania
    variation_label
    week-to-week
    observation_date
    2022-06-06
    same_observation
    false
    volatility_units
    0.6931436198363335
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.018569999999999975
    change_pct_from_t0
    1.6432755782878763
    observation_gap_days
    2
    normal_volatility_pct
    2.370757706282992
    change_in_volatility_units
    0.6931436198363335
    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
    1.14863
    status
    OBSERVED
    country
    Romania
    z_score
    1.8057807797497853
    t0_value
    1.13006
    fuel_type
    DIESEL
    change_pct
    1.6432755782878763
    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_RO_DIESEL
    series_kind
    pre-tax
    country_iso2
    RO
    country_name
    Romania
    country_slug
    romania
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2022-06-06
    same_observation
    false
    volatility_units
    0.6931436198363335
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.018569999999999975
    change_pct_from_t0
    1.6432755782878763
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    2
    normal_volatility_pct
    2.370757706282992
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    0.6931436198363335

    Template event.price_move.within_normal v1.1 · Fingerprint 33514690bb4365eafec50b0b0365a2fded5b5c84840b0ac3e17206a6d6237f67 · 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, Romania's pre-tax diesel price moved +5.7%, which is 2.4 times its normal week-to-week variation over the previous three years — outside that range.

    about RomaniaCalculatedOfficial
    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
    1.19426
    status
    OBSERVED
    country
    Romania
    z_score
    2.544726957265486
    t0_value
    1.13006
    fuel_type
    DIESEL
    change_pct
    5.681114277118032
    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_RO_DIESEL
    series_kind
    pre-tax
    country_iso2
    RO
    country_name
    Romania
    country_slug
    romania
    variation_label
    week-to-week
    observation_date
    2022-06-27
    same_observation
    false
    volatility_units
    2.3963285079963756
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.06420000000000003
    change_pct_from_t0
    5.681114277118032
    observation_gap_days
    4
    normal_volatility_pct
    2.370757706282992
    change_in_volatility_units
    2.3963285079963756
    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
    1.19426
    status
    OBSERVED
    country
    Romania
    z_score
    2.544726957265486
    t0_value
    1.13006
    fuel_type
    DIESEL
    change_pct
    5.681114277118032
    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_RO_DIESEL
    series_kind
    pre-tax
    country_iso2
    RO
    country_name
    Romania
    country_slug
    romania
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2022-06-27
    same_observation
    false
    volatility_units
    2.3963285079963756
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.06420000000000003
    change_pct_from_t0
    5.681114277118032
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    4
    normal_volatility_pct
    2.370757706282992
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    2.3963285079963756

    Template event.price_move.outside_normal v1.1 · Fingerprint 728bcc799cce20b7610599ec917be5a28a5d62eca6ca8cee675a2859e76ee391 · 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, Romania's pre-tax diesel price moved +2.0%, which is 0.9 times its normal week-to-week variation over the previous three years — within that range.

    about RomaniaCalculatedOfficial
    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
    1.1531
    status
    OBSERVED
    country
    Romania
    z_score
    1.878169327054084
    t0_value
    1.13006
    fuel_type
    DIESEL
    change_pct
    2.038829796647961
    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_RO_DIESEL
    series_kind
    pre-tax
    country_iso2
    RO
    country_name
    Romania
    country_slug
    romania
    variation_label
    week-to-week
    observation_date
    2022-08-29
    same_observation
    false
    volatility_units
    0.8599907916547718
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.02303999999999995
    change_pct_from_t0
    2.038829796647961
    observation_gap_days
    1
    normal_volatility_pct
    2.370757706282992
    change_in_volatility_units
    0.8599907916547718
    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
    1.1531
    status
    OBSERVED
    country
    Romania
    z_score
    1.878169327054084
    t0_value
    1.13006
    fuel_type
    DIESEL
    change_pct
    2.038829796647961
    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_RO_DIESEL
    series_kind
    pre-tax
    country_iso2
    RO
    country_name
    Romania
    country_slug
    romania
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2022-08-29
    same_observation
    false
    volatility_units
    0.8599907916547718
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.02303999999999995
    change_pct_from_t0
    2.038829796647961
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    1
    normal_volatility_pct
    2.370757706282992
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    0.8599907916547718

    Template event.price_move.within_normal v1.1 · Fingerprint a8bce23bd5e6a8714f64718267ec0a5f5175db7ae482306bb82e8e47d839230a · 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, Romania's tax-inclusive diesel price moved +1.3%, which is 0.8 times its normal week-to-week variation over the previous three years — within that range.

    about RomaniaCalculatedOfficial
    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
    1.78453
    status
    OBSERVED
    country
    Romania
    z_score
    1.805397700244268
    t0_value
    1.76229
    fuel_type
    DIESEL
    change_pct
    1.261994336913904
    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_RO_DIESEL
    series_kind
    tax-inclusive
    country_iso2
    RO
    country_name
    Romania
    country_slug
    romania
    variation_label
    week-to-week
    observation_date
    2022-06-06
    same_observation
    false
    volatility_units
    0.7724195758976995
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.022240000000000038
    change_pct_from_t0
    1.261994336913904
    observation_gap_days
    2
    normal_volatility_pct
    1.6338197221985535
    change_in_volatility_units
    0.7724195758976995
    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
    1.78453
    status
    OBSERVED
    country
    Romania
    z_score
    1.805397700244268
    t0_value
    1.76229
    fuel_type
    DIESEL
    change_pct
    1.261994336913904
    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_RO_DIESEL
    series_kind
    tax-inclusive
    country_iso2
    RO
    country_name
    Romania
    country_slug
    romania
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2022-06-06
    same_observation
    false
    volatility_units
    0.7724195758976995
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.022240000000000038
    change_pct_from_t0
    1.261994336913904
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    2
    normal_volatility_pct
    1.6338197221985535
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    0.7724195758976995

    Template event.price_move.within_normal v1.1 · Fingerprint 42c2c085d0b11d0d3d3782e2229df56eb74a189d31acc8868ba5cb1725d1f320 · 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, Romania's tax-inclusive diesel price moved +4.3%, which is 2.7 times its normal week-to-week variation over the previous three years — outside that range.

    about RomaniaCalculatedOfficial
    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
    1.8387
    status
    OBSERVED
    country
    Romania
    z_score
    2.540747662064333
    t0_value
    1.76229
    fuel_type
    DIESEL
    change_pct
    4.335835759154287
    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_RO_DIESEL
    series_kind
    tax-inclusive
    country_iso2
    RO
    country_name
    Romania
    country_slug
    romania
    variation_label
    week-to-week
    observation_date
    2022-06-27
    same_observation
    false
    volatility_units
    2.653803048306798
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.07641000000000009
    change_pct_from_t0
    4.335835759154287
    observation_gap_days
    4
    normal_volatility_pct
    1.6338197221985535
    change_in_volatility_units
    2.653803048306798
    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
    1.8387
    status
    OBSERVED
    country
    Romania
    z_score
    2.540747662064333
    t0_value
    1.76229
    fuel_type
    DIESEL
    change_pct
    4.335835759154287
    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_RO_DIESEL
    series_kind
    tax-inclusive
    country_iso2
    RO
    country_name
    Romania
    country_slug
    romania
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2022-06-27
    same_observation
    false
    volatility_units
    2.653803048306798
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.07641000000000009
    change_pct_from_t0
    4.335835759154287
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    4
    normal_volatility_pct
    1.6338197221985535
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    2.653803048306798

    Template event.price_move.outside_normal v1.1 · Fingerprint 69513837c93d5bac0a657272c4a3531ced25672c9f40014ae702b3881d82a9d6 · 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, Romania's tax-inclusive diesel price moved +1.9%, which is 1.2 times its normal week-to-week variation over the previous three years — within that range.

    about RomaniaCalculatedOfficial
    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
    1.79607
    status
    OBSERVED
    country
    Romania
    z_score
    1.9620515411045896
    t0_value
    1.76229
    fuel_type
    DIESEL
    change_pct
    1.9168241322370407
    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_RO_DIESEL
    series_kind
    tax-inclusive
    country_iso2
    RO
    country_name
    Romania
    country_slug
    romania
    variation_label
    week-to-week
    observation_date
    2022-08-29
    same_observation
    false
    volatility_units
    1.1732164241827499
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.03378000000000014
    change_pct_from_t0
    1.9168241322370407
    observation_gap_days
    1
    normal_volatility_pct
    1.6338197221985535
    change_in_volatility_units
    1.1732164241827499
    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
    1.79607
    status
    OBSERVED
    country
    Romania
    z_score
    1.9620515411045896
    t0_value
    1.76229
    fuel_type
    DIESEL
    change_pct
    1.9168241322370407
    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_RO_DIESEL
    series_kind
    tax-inclusive
    country_iso2
    RO
    country_name
    Romania
    country_slug
    romania
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2022-08-29
    same_observation
    false
    volatility_units
    1.1732164241827499
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.03378000000000014
    change_pct_from_t0
    1.9168241322370407
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    1
    normal_volatility_pct
    1.6338197221985535
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    1.1732164241827499

    Template event.price_move.within_normal v1.1 · Fingerprint 136a9a3c98e9c8ac33b31e9478287c9c10817a273cd8127ca26b8eb72eb47ee1 · 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, Romania's tax-component diesel price moved +0.6%, which is 0.5 times its normal week-to-week variation over the previous three years — within that range.

    about RomaniaCalculatedOfficial
    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
    0.6359
    status
    OBSERVED
    country
    Romania
    z_score
    1.803115910414388
    t0_value
    0.63223
    fuel_type
    DIESEL
    change_pct
    0.5804849500972846
    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_RO_DIESEL
    series_kind
    tax-component
    country_iso2
    RO
    country_name
    Romania
    country_slug
    romania
    variation_label
    week-to-week
    observation_date
    2022-06-06
    same_observation
    false
    volatility_units
    0.5031301346141714
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.003670000000000062
    change_pct_from_t0
    0.5804849500972846
    observation_gap_days
    2
    normal_volatility_pct
    1.1537471325235433
    change_in_volatility_units
    0.5031301346141714
    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
    0.6359
    status
    OBSERVED
    country
    Romania
    z_score
    1.803115910414388
    t0_value
    0.63223
    fuel_type
    DIESEL
    change_pct
    0.5804849500972846
    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_RO_DIESEL
    series_kind
    tax-component
    country_iso2
    RO
    country_name
    Romania
    country_slug
    romania
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2022-06-06
    same_observation
    false
    volatility_units
    0.5031301346141714
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.003670000000000062
    change_pct_from_t0
    0.5804849500972846
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    2
    normal_volatility_pct
    1.1537471325235433
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    0.5031301346141714

    Template event.price_move.within_normal v1.1 · Fingerprint 4eb8e2673adbaf620b455e4f6bb4dc998f6fc9802a1e0030c9c5c39bde862f7f · 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, Romania's tax-component diesel price moved +1.9%, which is 1.7 times its normal week-to-week variation over the previous three years — within that range.

    about RomaniaCalculatedOfficial
    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
    0.64444
    status
    OBSERVED
    country
    Romania
    z_score
    2.519711237661905
    t0_value
    0.63223
    fuel_type
    DIESEL
    change_pct
    1.93125919364789
    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_RO_DIESEL
    series_kind
    tax-component
    country_iso2
    RO
    country_name
    Romania
    country_slug
    romania
    variation_label
    week-to-week
    observation_date
    2022-06-27
    same_observation
    false
    volatility_units
    1.6739016195201515
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.012210000000000054
    change_pct_from_t0
    1.93125919364789
    observation_gap_days
    4
    normal_volatility_pct
    1.1537471325235433
    change_in_volatility_units
    1.6739016195201515
    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
    0.64444
    status
    OBSERVED
    country
    Romania
    z_score
    2.519711237661905
    t0_value
    0.63223
    fuel_type
    DIESEL
    change_pct
    1.93125919364789
    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_RO_DIESEL
    series_kind
    tax-component
    country_iso2
    RO
    country_name
    Romania
    country_slug
    romania
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2022-06-27
    same_observation
    false
    volatility_units
    1.6739016195201515
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.012210000000000054
    change_pct_from_t0
    1.93125919364789
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    4
    normal_volatility_pct
    1.1537471325235433
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    1.6739016195201515

    Template event.price_move.within_normal v1.1 · Fingerprint 99b28909cf85545ae8943e2184d0e551de12536f975424b1db4799912ebfe0e2 · 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, Romania's tax-component diesel price moved +1.7%, which is 1.5 times its normal week-to-week variation over the previous three years — within that range.

    about RomaniaCalculatedMedium
    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
    0.64297
    status
    OBSERVED
    country
    Romania
    z_score
    2.3963628616602857
    t0_value
    0.63223
    fuel_type
    DIESEL
    change_pct
    1.6987488730367246
    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_RO_DIESEL
    series_kind
    tax-component
    country_iso2
    RO
    country_name
    Romania
    country_slug
    romania
    variation_label
    week-to-week
    observation_date
    2022-08-29
    same_observation
    false
    volatility_units
    1.4723753803150275
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.010740000000000083
    change_pct_from_t0
    1.6987488730367246
    observation_gap_days
    1
    normal_volatility_pct
    1.1537471325235433
    change_in_volatility_units
    1.4723753803150275
    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
    0.64297
    status
    OBSERVED
    country
    Romania
    z_score
    2.3963628616602857
    t0_value
    0.63223
    fuel_type
    DIESEL
    change_pct
    1.6987488730367246
    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_RO_DIESEL
    series_kind
    tax-component
    country_iso2
    RO
    country_name
    Romania
    country_slug
    romania
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2022-08-29
    same_observation
    false
    volatility_units
    1.4723753803150275
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.010740000000000083
    change_pct_from_t0
    1.6987488730367246
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    1
    normal_volatility_pct
    1.1537471325235433
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    1.4723753803150275

    Template event.price_move.within_normal v1.1 · Fingerprint f31a74a44d2a7a3158c2c55370718f7149e37d35b5952a3d5d0bc937da6d9dc4 · 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 Romania's pre-tax petrol price by +1.1 c/L (range -3.3–+5.5); it actually moved +6.7 c/L, leaving +5.6 c/L not explained by crude.

    about RomaniaCalculatedMedium
    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
    Romania
    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_RO_EURO_SUPER_95
    country_iso2
    RO
    country_name
    Romania
    country_slug
    romania
    offset_weeks
    4
    proxy_product
    GASOLINE
    proxy_to_date
    2022-06-27
    pass_through_k
    2
    proxy_from_date
    2022-05-27
    observation_date
    2022-06-27
    gap_eur_per_litre
    0.05577158094415689
    series_source_ids
    ["ec_weekly_oil_bulletin","eia_brent_rbrte"]
    anchor_period_start
    2022-05-30
    actual_eur_per_litre
    0.06684999999999985
    expected_eur_per_litre
    0.011078419055842958
    proxy_volatility_units
    -0.0631714707771465
    pass_through_sample_end
    2026-09-14
    proxy_change_usd_per_bbl
    -5.850000000000001
    pass_through_sample_start
    2023-09-25
    pass_through_window_label
    ROLLING_156W
    expected_low_eur_per_litre
    -0.03299515684225626
    expected_high_eur_per_litre
    0.055151994953942435
    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
    Romania
    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_RO_EURO_SUPER_95
    country_iso2
    RO
    country_name
    Romania
    country_slug
    romania
    offset_weeks
    4
    proxy_product
    GASOLINE
    proxy_to_date
    2022-06-27
    pass_through_k
    2
    proxy_from_date
    2022-05-27
    statement_topic
    event
    observation_date
    2022-06-27
    gap_eur_per_litre
    0.05577158094415689
    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
    0.06684999999999985
    expected_eur_per_litre
    0.011078419055842958
    proxy_volatility_units
    -0.0631714707771465
    pass_through_sample_end
    2026-09-14
    proxy_change_usd_per_bbl
    -5.850000000000001
    pass_through_sample_start
    2023-09-25
    pass_through_window_label
    ROLLING_156W
    study_calculation_version
    event_study-1.0
    expected_low_eur_per_litre
    -0.03299515684225626
    expected_high_eur_per_litre
    0.055151994953942435
    proxy_normal_volatility_pct
    181.24455741814873

    Template event.crude_only.computed v1.1 · Fingerprint 49c77c71098e33450045a077fae59e8f94235073d8c8ccb50401c1c5cc70d5a8 · 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 Romania's pre-tax petrol price by -4.0 c/L (range -16.0–+8.1); it actually moved +0.5 c/L, leaving +4.4 c/L not explained by crude.

    about RomaniaCalculatedMedium
    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
    Romania
    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_RO_EURO_SUPER_95
    country_iso2
    RO
    country_name
    Romania
    country_slug
    romania
    offset_weeks
    13
    proxy_product
    GASOLINE
    proxy_to_date
    2022-08-26
    pass_through_k
    2
    proxy_from_date
    2022-05-27
    observation_date
    2022-08-29
    gap_eur_per_litre
    0.044454438170844685
    series_source_ids
    ["ec_weekly_oil_bulletin","eia_brent_rbrte"]
    anchor_period_start
    2022-05-30
    actual_eur_per_litre
    0.004850000000000021
    expected_eur_per_litre
    -0.039604438170844664
    proxy_volatility_units
    -0.3403268500876152
    pass_through_sample_end
    2026-09-14
    proxy_change_usd_per_bbl
    -31.516000000000002
    pass_through_sample_start
    2023-09-25
    pass_through_window_label
    ROLLING_156W
    expected_low_eur_per_litre
    -0.1604406509510316
    expected_high_eur_per_litre
    0.08123177460934239
    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
    Romania
    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_RO_EURO_SUPER_95
    country_iso2
    RO
    country_name
    Romania
    country_slug
    romania
    offset_weeks
    13
    proxy_product
    GASOLINE
    proxy_to_date
    2022-08-26
    pass_through_k
    2
    proxy_from_date
    2022-05-27
    statement_topic
    event
    observation_date
    2022-08-29
    gap_eur_per_litre
    0.044454438170844685
    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
    0.004850000000000021
    expected_eur_per_litre
    -0.039604438170844664
    proxy_volatility_units
    -0.3403268500876152
    pass_through_sample_end
    2026-09-14
    proxy_change_usd_per_bbl
    -31.516000000000002
    pass_through_sample_start
    2023-09-25
    pass_through_window_label
    ROLLING_156W
    study_calculation_version
    event_study-1.0
    expected_low_eur_per_litre
    -0.1604406509510316
    expected_high_eur_per_litre
    0.08123177460934239
    proxy_normal_volatility_pct
    181.24455741814873

    Template event.crude_only.computed v1.1 · Fingerprint 00e25875993f73e29a1351be6ac9ee4cbe4848c0aa8ede88b6a9def28be3ad8b · 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 Romania's pre-tax diesel price by +6.6 c/L (range +4.6–+8.5); it actually moved +6.4 c/L, leaving -0.1 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 RomaniaCalculatedMedium
    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
    Romania
    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_RO_DIESEL
    country_iso2
    RO
    country_name
    Romania
    country_slug
    romania
    offset_weeks
    4
    proxy_product
    DIESEL
    proxy_to_date
    2022-06-27
    pass_through_k
    3
    proxy_from_date
    2022-05-27
    observation_date
    2022-06-27
    gap_eur_per_litre
    -0.001408869103368876
    series_source_ids
    ["ec_weekly_oil_bulletin","eia_brent_rbrte"]
    anchor_period_start
    2022-05-30
    actual_eur_per_litre
    0.06420000000000003
    expected_eur_per_litre
    0.06560886910336891
    proxy_volatility_units
    2.587160761067042
    pass_through_sample_end
    2026-09-14
    proxy_change_usd_per_bbl
    11.537999999999997
    pass_through_sample_start
    2008-01-07
    pass_through_window_label
    FULL_SAMPLE
    expected_low_eur_per_litre
    0.046492060244190066
    expected_high_eur_per_litre
    0.08472567796254818
    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
    Romania
    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_RO_DIESEL
    country_iso2
    RO
    country_name
    Romania
    country_slug
    romania
    offset_weeks
    4
    proxy_product
    DIESEL
    proxy_to_date
    2022-06-27
    pass_through_k
    3
    proxy_from_date
    2022-05-27
    statement_topic
    event
    observation_date
    2022-06-27
    gap_eur_per_litre
    -0.001408869103368876
    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
    0.06420000000000003
    expected_eur_per_litre
    0.06560886910336891
    proxy_volatility_units
    2.587160761067042
    pass_through_sample_end
    2026-09-14
    proxy_change_usd_per_bbl
    11.537999999999997
    pass_through_sample_start
    2008-01-07
    pass_through_window_label
    FULL_SAMPLE
    study_calculation_version
    event_study-1.0
    expected_low_eur_per_litre
    0.046492060244190066
    expected_high_eur_per_litre
    0.08472567796254818
    proxy_normal_volatility_pct
    9.342848145796136

    Template event.crude_only.computed_with_proxy v1.1 · Fingerprint 61aace9017db79bc428f1b339aefc764f970b374c8eade5b42aff4c7ee13de79 · 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 Romania's pre-tax diesel price by +6.1 c/L (range +0.7–+11.4); it actually moved +2.3 c/L, leaving -3.8 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 RomaniaCalculatedMedium
    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
    Romania
    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_RO_DIESEL
    country_iso2
    RO
    country_name
    Romania
    country_slug
    romania
    offset_weeks
    13
    proxy_product
    DIESEL
    proxy_to_date
    2022-08-26
    pass_through_k
    3
    proxy_from_date
    2022-05-27
    observation_date
    2022-08-29
    gap_eur_per_litre
    -0.03751550836104276
    series_source_ids
    ["ec_weekly_oil_bulletin","eia_brent_rbrte"]
    anchor_period_start
    2022-05-30
    actual_eur_per_litre
    0.02303999999999995
    expected_eur_per_litre
    0.06055550836104271
    proxy_volatility_units
    4.337945231721529
    pass_through_sample_end
    2026-09-14
    proxy_change_usd_per_bbl
    19.345999999999997
    pass_through_sample_start
    2008-01-07
    pass_through_window_label
    FULL_SAMPLE
    expected_low_eur_per_litre
    0.006792546011273971
    expected_high_eur_per_litre
    0.11431847071081083
    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
    Romania
    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_RO_DIESEL
    country_iso2
    RO
    country_name
    Romania
    country_slug
    romania
    offset_weeks
    13
    proxy_product
    DIESEL
    proxy_to_date
    2022-08-26
    pass_through_k
    3
    proxy_from_date
    2022-05-27
    statement_topic
    event
    observation_date
    2022-08-29
    gap_eur_per_litre
    -0.03751550836104276
    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
    0.02303999999999995
    expected_eur_per_litre
    0.06055550836104271
    proxy_volatility_units
    4.337945231721529
    pass_through_sample_end
    2026-09-14
    proxy_change_usd_per_bbl
    19.345999999999997
    pass_through_sample_start
    2008-01-07
    pass_through_window_label
    FULL_SAMPLE
    study_calculation_version
    event_study-1.0
    expected_low_eur_per_litre
    0.006792546011273971
    expected_high_eur_per_litre
    0.11431847071081083
    proxy_normal_volatility_pct
    9.342848145796136

    Template event.crude_only.computed_with_proxy v1.1 · Fingerprint c502d19f2c667d1689f03d8408f445c602d95215d78738c4138d801354a4de3d · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  23. Direct physical dependence on Hormuz-linked crude was limited (0%) for Romania in 2022-06.

    about RomaniaCalculatedLow
    Why this sentence
    Variables
    t0
    2022-06-01T00:00:00+00:00
    band
    limited
    unit
    % of imported tonnes
    period
    2022-06
    status
    OBSERVED
    country
    Romania
    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
    RO
    country_name
    Romania
    country_slug
    romania
    value_max_pct
    0
    value_min_pct
    0
    exposure_status
    COMPUTED
    value_point_pct
    0
    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
    OBSERVED
    country
    Romania
    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
    RO
    country_name
    Romania
    country_slug
    romania
    value_max_pct
    0
    value_min_pct
    0
    exposure_status
    COMPUTED
    statement_topic
    hormuz
    value_point_pct
    0
    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.point v1.1 · Fingerprint 79e899f2395c4e0afa4bf21090a19489280951c030d8f4634693c9e52de15870 · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  24. Direct physical dependence on Hormuz-linked refined product was limited (0%) for Romania in 2022-06.

    about RomaniaCalculatedLow
    Why this sentence
    Variables
    t0
    2022-06-01T00:00:00+00:00
    band
    limited
    unit
    % of imported tonnes
    period
    2022-06
    status
    OBSERVED
    country
    Romania
    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
    RO
    country_name
    Romania
    country_slug
    romania
    value_max_pct
    0
    value_min_pct
    0
    exposure_status
    COMPUTED
    value_point_pct
    0
    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
    OBSERVED
    country
    Romania
    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
    RO
    country_name
    Romania
    country_slug
    romania
    value_max_pct
    0
    value_min_pct
    0
    exposure_status
    COMPUTED
    statement_topic
    hormuz
    value_point_pct
    0
    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.point v1.1 · Fingerprint 5f0b4dcc5fce7cf3bbf1e0ec498baf53bbc0403016f2ae1b4f69d3d6d155627d · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  25. Available evidence does not show a physical supply reduction: Romania's reported crude imports in 2022-06 were +47.7% against the mean of the previous 12 months.

    about RomaniaCalculatedOfficial
    Why this sentence
    Variables
    t0
    2022-06-01T00:00:00+00:00
    unit
    tonnes
    month
    2022-06
    country
    Romania
    change_pct
    47.69791824950616
    event_name
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    event_slug
    de-tankrabatt-2022
    event_type
    TAX_CHANGE
    country_iso2
    RO
    country_name
    Romania
    country_slug
    romania
    partner_role
    ORIGIN
    value_tonnes
    810000
    baseline_months
    12
    observation_date
    2022-06-01
    series_source_ids
    ["eurostat_nrg_ti_oilm"]
    baseline_mean_tonnes
    548416.6666666666
    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
    Romania
    change_pct
    47.69791824950616
    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
    RO
    country_name
    Romania
    country_slug
    romania
    partner_role
    ORIGIN
    value_tonnes
    810000
    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
    548416.6666666666
    study_calculation_version
    event_study-1.0

    Template event.supply.no_reduction v1.1 · Fingerprint 0fb0a3d329ad65756bb57df8edfaff4c419702b58d03555c90837d79d03b0b2a · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  26. In 2022-06, Romania's oil stocks stood 8.7% above their trailing 12-month mean, with 85.0 days of cover (as published).

    about RomaniaCalculatedOfficial
    Why this sentence
    Variables
    t0
    2022-06-01T00:00:00+00:00
    unit
    tonnes
    month
    2022-06
    status
    OBSERVED
    country
    Romania
    direction
    above
    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_RO
    country_iso2
    RO
    country_name
    Romania
    country_slug
    romania
    days_of_cover
    85
    metric_status
    COMPUTED
    mom_change_pct
    2.0922288642186166
    observation_date
    2022-06-01
    series_source_ids
    ["eurostat_nrg_stk_oem","eurostat_nrg_stk_oilm"]
    total_stock_tonnes
    2391000
    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
    2198750
    level_vs_trailing_12m_pct
    8.743604320636726
    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
    8.743604320636726
    level_vs_trailing_12m_pct_shown
    8.7
    inventory_material_deviation_pct
    5
    Inputs
    t0
    2022-06-01T00:00:00+00:00
    unit
    tonnes
    month
    2022-06
    status
    OBSERVED
    country
    Romania
    direction
    above
    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_RO
    country_iso2
    RO
    country_name
    Romania
    country_slug
    romania
    days_of_cover
    85
    metric_status
    COMPUTED
    mom_change_pct
    2.0922288642186166
    statement_topic
    event
    observation_date
    2022-06-01
    series_source_ids
    ["eurostat_nrg_stk_oem","eurostat_nrg_stk_oilm"]
    total_stock_tonnes
    2391000
    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
    2198750
    level_vs_trailing_12m_pct
    8.743604320636726
    study_calculation_version
    event_study-1.0
    trailing_12m_observations
    12

    Template event.inventory_level.above v1.1 · Fingerprint 3a01236ab4b509f4c0082e7deec599eabdf2c1efb58334fe9e2debb64e56e716 · 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 Romania 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 (0–0%) 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 RomaniaUnknownUnknown
    Why this sentence
    Variables
    t0
    2022-06-01T00:00:00+00:00
    event
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    country
    Romania
    event_name
    Germany: temporary energy-tax reduction on road fuels (Tankrabatt), 2022
    event_slug
    de-tankrabatt-2022
    event_type
    TAX_CHANGE
    country_iso2
    RO
    country_name
    Romania
    country_slug
    romania
    dependence_band
    limited
    dependence_range
    0–0%
    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
    Romania
    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
    RO
    country_name
    Romania
    country_slug
    romania
    dependence_band
    limited
    statement_topic
    event
    dependence_range
    0–0%
    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 2f1581a2b8dd6b72cfac1d717fdba5a237d213c6854b18c5fad047391b7c6b01 · 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.

Romania: 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.