Fuel Origin

Events / Import ban

EU import ban on seaborne Russian crude oil (in force 5 December 2022)

Dates
2022-12-05 → no end date recorded
Dated to
the day
Status
Ongoing
Scope
European Union

What the sources said

Sixth package of EU sanctions, adopted 3 June 2022 (Council Regulation (EU) 2022/879 amending Regulation (EU) No 833/2014). European Commission, 3 June 2022: "a complete import ban on all Russian seaborne crude oil and petroleum products"; "For seaborne crude oil, spot market transactions and execution of existing contracts will be permitted for six months after entry into force, while for petroleum products, these will be permitted for eight months." Eurostat, 19 June 2023: "The ban on imports of seaborne crude oil entered into force on 5 December 2022, while the ban on petroleum products took effect on 5 February 2023." Temporary derogations apply to pipeline crude for certain member states and to Bulgaria and Croatia, so reported imports from Russia do not fall to zero. This row is a timeline marker only; it makes no statement about prices.

IEA, EIA, European Commission, European Council and national legislators (cited per row)Official
Retrieved 2026-09-23 07:22 UTCRevision 1
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.

Finland, Petrol (Euro-super 95). 15 series can be drawn; 4 cannot be seen at all and are shown as labelled empty panels below.

195 published readings, 0 offsets with nothing published within one period, and 52 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+90102.472.42022-11-04: 99.53 $ per barrel, used for offsets −302022-11-21: 88.44 $ per barrel, used for offsets −142022-11-28: 83.50 $ per barrel, used for offsets −72022-12-02: 86.54 $ per barrel, used for offsets −3, −1same print as T0 — 2022-12-05, 83.36 $ per barrel, used for offsets T02022-12-06: 79.92 $ per barrel, used for offsets +12022-12-08: 76.02 $ per barrel, used for offsets +32022-12-12: 78.00 $ per barrel, used for offsets +72022-12-19: 81.66 $ per barrel, used for offsets +142023-01-04: 75.31 $ per barrel, used for offsets +302023-02-03: 78.85 $ per barrel, used for offsets +602023-03-03: 85.74 $ 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
−302022-11-0499.53+16.170+19.40%+4.30
−142022-11-2188.44+5.080+6.09%+1.35
−72022-11-2883.50+0.140+0.17%+0.04
−32022-12-0286.54+3.180+3.81%+0.85
−12022-12-0286.54+3.180+3.81%+0.85
T02022-12-05same print as T083.360.0000.00%0.00
+12022-12-0679.92-3.440-4.13%-0.91
+32022-12-0876.02-7.340-8.81%-1.95
+72022-12-1278.00-5.360-6.43%-1.42
+142022-12-1981.66-1.700-2.04%-0.45
+302023-01-0475.31-8.050-9.66%-2.14
+602023-02-0378.85-4.510-5.41%-1.20
+902023-03-0385.74+2.380+2.86%+0.63

One volatility unit for this series is 4.51%, the standard deviation of its own day-on-day percentage changes over the three years before the event (760 changes). It is not a significance test.

reported crude oil imports, all origins

Unit: tonnesPublished: monthlyCalculatedOfficial
T0−30T0+30+60+90910,920612,0802022-11-01: 641,000 tonnes, used for offsets −30, −14, −7same print as T0 — 2022-12-01, 861,000 tonnes, used for offsets −3, −1, T0, +1, +3, +7, +142023-01-01: 857,000 tonnes, used for offsets +302023-02-01: 817,000 tonnes, used for offsets +602023-03-01: 882,000 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
−302022-11-01641,000-220,000-25.55%-0.57
−142022-11-01641,000-220,000-25.55%-0.57
−72022-11-01641,000-220,000-25.55%-0.57
−32022-12-01same print as T0861,0000.0000.00%0.00
−12022-12-01same print as T0861,0000.0000.00%0.00
T02022-12-01same print as T0861,0000.0000.00%0.00
+12022-12-01same print as T0861,0000.0000.00%0.00
+32022-12-01same print as T0861,0000.0000.00%0.00
+72022-12-01same print as T0861,0000.0000.00%0.00
+142022-12-01same print as T0861,0000.0000.00%0.00
+302023-01-01857,000-4,000-0.46%-0.01
+602023-02-01817,000-44,000-5.11%-0.11
+902023-03-01882,000+21,000+2.44%+0.05

One volatility unit for this series is 44.44%, the standard deviation of its own month-on-month percentage changes over the three years before the event (34 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+900.9720.7332022-10-31: 0.7561 € per litre, used for offsets −302022-11-21: 0.7990 € per litre, used for offsets −142022-11-28: 0.8061 € per litre, used for offsets −7, −3, −1same print as T0 — 2022-12-05, 0.8284 € per litre, used for offsets T0, +1, +32022-12-12: 0.8397 € per litre, used for offsets +72022-12-19: 0.8407 € per litre, used for offsets +142023-01-02: 0.8579 € per litre, used for offsets +302023-01-30: 0.9081 € per litre, used for offsets +602023-02-27: 0.9490 € 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. 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 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
−302022-10-310.7561-0.072-8.73%-0.41
−142022-11-210.7990-0.029-3.55%-0.17
−72022-11-280.8061-0.022-2.69%-0.13
−32022-11-280.8061-0.022-2.69%-0.13
−12022-11-280.8061-0.022-2.69%-0.13
T02022-12-05same print as T00.82840.0000.00%0.00
+12022-12-05same print as T00.82840.0000.00%0.00
+32022-12-05same print as T00.82840.0000.00%0.00
+72022-12-120.8397+0.011+1.36%+0.06
+142022-12-190.8407+0.012+1.48%+0.07
+302023-01-020.8579+0.029+3.56%+0.17
+602023-01-300.9081+0.080+9.62%+0.45
+902023-02-270.9490+0.121+14.56%+0.69

One volatility unit for this series is 21.24%, 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+901.1060.9742022-11-04: 0.9872 US dollars per euro, used for offsets −302022-11-21: 1.025 US dollars per euro, used for offsets −142022-11-28: 1.046 US dollars per euro, used for offsets −72022-12-02: 1.054 US dollars per euro, used for offsets −3, −1same print as T0 — 2022-12-05, 1.059 US dollars per euro, used for offsets T02022-12-06: 1.052 US dollars per euro, used for offsets +12022-12-08: 1.052 US dollars per euro, used for offsets +32022-12-12: 1.056 US dollars per euro, used for offsets +72022-12-19: 1.060 US dollars per euro, used for offsets +142023-01-04: 1.060 US dollars per euro, used for offsets +302023-02-03: 1.094 US dollars per euro, used for offsets +602023-03-03: 1.062 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. 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 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
−302022-11-040.9872-0.072-6.75%-13.43
−142022-11-211.025-0.034-3.22%-6.40
−72022-11-281.046-0.012-1.17%-2.33
−32022-12-021.054-0.005-0.46%-0.92
−12022-12-021.054-0.005-0.46%-0.92
T02022-12-05same print as T01.0590.0000.00%0.00
+12022-12-061.052-0.007-0.67%-1.33
+32022-12-081.052-0.007-0.64%-1.28
+72022-12-121.056-0.002-0.24%-0.47
+142022-12-191.060+0.001+0.10%+0.21
+302023-01-041.060+0.001+0.11%+0.23
+602023-02-031.094+0.035+3.31%+6.57
+902023-03-031.062+0.003+0.26%+0.53

One volatility unit for this series is 0.50%, 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: monthlyCalculatedLow
T0−30T0+30+60+901.0000.0002022-11-01: 0 % of imported tonnes, used for offsets −30, −14, −7same print as T0 — 2022-12-01, 0 % of imported tonnes, used for offsets −3, −1, T0, +1, +3, +7, +142023-01-01: 0 % of imported tonnes, used for offsets +302023-02-01: 0 % of imported tonnes, used for offsets +602023-03-01: 0 % of imported 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 direct crude Hormuz exposure D1: value, change from the event date and change in volatility units at each offset.
OffsetPrint usedValueΔ absΔ %Volatility units
−302022-11-0100.000not publishednot published
−142022-11-0100.000not publishednot published
−72022-11-0100.000not publishednot published
−32022-12-01same print as T000.000not publishednot published
−12022-12-01same print as T000.000not publishednot published
T02022-12-01same print as T000.000not publishednot published
+12022-12-01same print as T000.000not publishednot published
+32022-12-01same print as T000.000not publishednot published
+72022-12-01same print as T000.000not publishednot published
+142022-12-01same print as T000.000not publishednot published
+302023-01-0100.000not publishednot published
+602023-02-0100.000not publishednot published
+902023-03-0100.000not 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: monthlyCalculatedLow
T0−30T0+30+60+9011.200.002022-11-01: 10.00 % of imported tonnes, used for offsets −30, −14, −7same print as T0 — 2022-12-01, 0 % of imported tonnes, used for offsets −3, −1, T0, +1, +3, +7, +142023-01-01: 0 % of imported tonnes, used for offsets +302023-02-01: 0 % of imported tonnes, used for offsets +602023-03-01: 0 % of imported 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 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
−302022-11-0110.00+10.000not publishednot published
−142022-11-0110.00+10.000not publishednot published
−72022-11-0110.00+10.000not publishednot published
−32022-12-01same print as T000.000not publishednot published
−12022-12-01same print as T000.000not publishednot published
T02022-12-01same print as T000.000not publishednot published
+12022-12-01same print as T000.000not publishednot published
+32022-12-01same print as T000.000not publishednot published
+72022-12-01same print as T000.000not publishednot published
+142022-12-01same print as T000.000not publishednot published
+302023-01-0100.000not publishednot published
+602023-02-0100.000not publishednot published
+902023-03-0100.000not 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+90202.1200.92022-11-01: 202.0 days of cover, used for offsets −30, −14, −7same print as T0 — 2022-12-01, 201.0 days of cover, used for offsets −3, −1, T0, +1, +3, +7, +142023-01-01: 202.0 days of cover, used for offsets +302023-02-01: 202.0 days of cover, used for offsets +602023-03-01: 202.0 days of cover, used for offsets +90

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

Window table for inventory exposure D7: published days of emergency stock cover, carried through: value, change from the event date and change in volatility units at each offset.
OffsetPrint usedValueΔ absΔ %Volatility units
−302022-11-01202.0+1.000+0.50%+0.09
−142022-11-01202.0+1.000+0.50%+0.09
−72022-11-01202.0+1.000+0.50%+0.09
−32022-12-01same print as T0201.00.0000.00%0.00
−12022-12-01same print as T0201.00.0000.00%0.00
T02022-12-01same print as T0201.00.0000.00%0.00
+12022-12-01same print as T0201.00.0000.00%0.00
+32022-12-01same print as T0201.00.0000.00%0.00
+72022-12-01same print as T0201.00.0000.00%0.00
+142022-12-01same print as T0201.00.0000.00%0.00
+302023-01-01202.0+1.000+0.50%+0.09
+602023-02-01202.0+1.000+0.50%+0.09
+902023-03-01202.0+1.000+0.50%+0.09

One volatility unit for this series is 5.79%, the standard deviation of its own month-on-month percentage changes over the three years before the event (35 changes). It is not a significance test.

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

Unit: € per litrePublished: weeklyCalculatedOfficial
T0−30T0+30+60+900.6280.4422022-10-31: 0.6104 € per litre, used for offsets −302022-11-21: 0.5263 € per litre, used for offsets −142022-11-28: 0.5123 € per litre, used for offsets −7, −3, −1same print as T0 — 2022-12-05, 0.4687 € per litre, used for offsets T0, +1, +32022-12-12: 0.4798 € per litre, used for offsets +72022-12-19: 0.4779 € per litre, used for offsets +142023-01-02: 0.4598 € per litre, used for offsets +302023-01-30: 0.4720 € per litre, used for offsets +602023-02-27: 0.4954 € 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. 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 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
−302022-10-310.6104+0.142+30.24%+3.72
−142022-11-210.5263+0.058+12.30%+1.51
−72022-11-280.5123+0.044+9.31%+1.15
−32022-11-280.5123+0.044+9.31%+1.15
−12022-11-280.5123+0.044+9.31%+1.15
T02022-12-05same print as T00.46870.0000.00%0.00
+12022-12-05same print as T00.46870.0000.00%0.00
+32022-12-05same print as T00.46870.0000.00%0.00
+72022-12-120.4798+0.011+2.38%+0.29
+142022-12-190.4779+0.009+1.98%+0.24
+302023-01-020.4598-0.009-1.89%-0.23
+602023-01-300.4720+0.003+0.71%+0.09
+902023-02-270.4954+0.027+5.69%+0.70

One volatility unit for this series is 8.13%, 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+905,186,8804,723,1202022-11-01: 5,142,000 tonnes, used for offsets −30, −14, −7same print as T0 — 2022-12-01, 5,014,000 tonnes, used for offsets −3, −1, T0, +1, +3, +7, +142023-01-01: 5,091,000 tonnes, used for offsets +302023-02-01: 4,958,000 tonnes, used for offsets +602023-03-01: 4,768,000 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
−302022-11-015,142,000+128,000+2.55%+0.67
−142022-11-015,142,000+128,000+2.55%+0.67
−72022-11-015,142,000+128,000+2.55%+0.67
−32022-12-01same print as T05,014,0000.0000.00%0.00
−12022-12-01same print as T05,014,0000.0000.00%0.00
T02022-12-01same print as T05,014,0000.0000.00%0.00
+12022-12-01same print as T05,014,0000.0000.00%0.00
+32022-12-01same print as T05,014,0000.0000.00%0.00
+72022-12-01same print as T05,014,0000.0000.00%0.00
+142022-12-01same print as T05,014,0000.0000.00%0.00
+302023-01-015,091,000+77,000+1.54%+0.40
+602023-02-014,958,000-56,000-1.12%-0.29
+902023-03-014,768,000-246,000-4.91%-1.29

One volatility unit for this series is 3.80%, the standard deviation of its own month-on-month percentage changes over the three years before the event (35 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+900.214-0.1372022-10-31: 0.1804 € per litre, used for offsets −302022-11-21: 0.0858 € per litre, used for offsets −142022-11-28: 0.0481 € per litre, used for offsets −7, −3, −1same print as T0 — 2022-12-05, 0 € per litre, used for offsets T0, +1, +32022-12-12: -0.0484 € per litre, used for offsets +72022-12-19: -0.1034 € per litre, used for offsets +142023-01-02: -0.0400 € per litre, used for offsets +302023-01-30: -0.0636 € per litre, used for offsets +602023-02-27: -0.0997 € 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. 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 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
−302022-10-310.1804+0.180not publishednot published
−142022-11-210.0858+0.086not publishednot published
−72022-11-280.0481+0.048not publishednot published
−32022-11-280.0481+0.048not publishednot published
−12022-11-280.0481+0.048not publishednot published
T02022-12-05same print as T000.000not publishednot published
+12022-12-05same print as T000.000not publishednot published
+32022-12-05same print as T000.000not publishednot published
+72022-12-12-0.0484-0.048not publishednot published
+142022-12-19-0.1034-0.103not publishednot published
+302023-01-02-0.0400-0.040not publishednot published
+602023-01-30-0.0636-0.064not publishednot published
+902023-02-27-0.0997-0.100not 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+902.0871.7802022-10-31: 2.057 € per litre, used for offsets −302022-11-21: 1.993 € per litre, used for offsets −142022-11-28: 1.955 € per litre, used for offsets −7, −3, −1same print as T0 — 2022-12-05, 1.923 € per litre, used for offsets T0, +1, +32022-12-12: 1.877 € per litre, used for offsets +72022-12-19: 1.810 € per litre, used for offsets +142023-01-02: 1.910 € per litre, used for offsets +302023-01-30: 1.943 € per litre, used for offsets +602023-02-27: 1.949 € 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. 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 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
−302022-10-312.057+0.134+6.97%+3.38
−142022-11-211.993+0.070+3.64%+1.76
−72022-11-281.955+0.032+1.66%+0.81
−32022-11-281.955+0.032+1.66%+0.81
−12022-11-281.955+0.032+1.66%+0.81
T02022-12-05same print as T01.9230.0000.00%0.00
+12022-12-05same print as T01.9230.0000.00%0.00
+32022-12-05same print as T01.9230.0000.00%0.00
+72022-12-121.877-0.046-2.39%-1.16
+142022-12-191.810-0.113-5.88%-2.85
+302023-01-021.910-0.013-0.68%-0.33
+602023-01-301.943+0.020+1.04%+0.50
+902023-02-271.949+0.026+1.35%+0.66

One volatility unit for this series is 2.06%, 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+900.9600.7132022-10-31: 0.9365 € per litre, used for offsets −302022-11-21: 0.8849 € per litre, used for offsets −142022-11-28: 0.8542 € per litre, used for offsets −7, −3, −1same print as T0 — 2022-12-05, 0.8284 € per litre, used for offsets T0, +1, +32022-12-12: 0.7913 € per litre, used for offsets +72022-12-19: 0.7373 € per litre, used for offsets +142023-01-02: 0.8179 € per litre, used for offsets +302023-01-30: 0.8445 € per litre, used for offsets +602023-02-27: 0.8494 € 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. 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 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
−302022-10-310.9365+0.108+13.04%+2.95
−142022-11-210.8849+0.056+6.81%+1.54
−72022-11-280.8542+0.026+3.11%+0.71
−32022-11-280.8542+0.026+3.11%+0.71
−12022-11-280.8542+0.026+3.11%+0.71
T02022-12-05same print as T00.82840.0000.00%0.00
+12022-12-05same print as T00.82840.0000.00%0.00
+32022-12-05same print as T00.82840.0000.00%0.00
+72022-12-120.7913-0.037-4.48%-1.01
+142022-12-190.7373-0.091-11.00%-2.49
+302023-01-020.8179-0.010-1.27%-0.29
+602023-01-300.8445+0.016+1.95%+0.44
+902023-02-270.8494+0.021+2.53%+0.57

One volatility unit for this series is 4.42%, the standard deviation of its own week-on-week percentage changes over the three years before the event (148 changes). It is not a significance test.

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

Unit: € per litrePublished: weeklyCalculatedOfficial
T0−30T0+30+60+901.1261.0672022-10-31: 1.121 € per litre, used for offsets −302022-11-21: 1.108 € per litre, used for offsets −142022-11-28: 1.101 € per litre, used for offsets −7, −3, −1same print as T0 — 2022-12-05, 1.095 € per litre, used for offsets T0, +1, +32022-12-12: 1.086 € per litre, used for offsets +72022-12-19: 1.073 € per litre, used for offsets +142023-01-02: 1.092 € per litre, used for offsets +302023-01-30: 1.098 € per litre, used for offsets +602023-02-27: 1.100 € 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. 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 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
−302022-10-311.121+0.026+2.37%+2.72
−142022-11-211.108+0.014+1.24%+1.42
−72022-11-281.101+0.006+0.57%+0.65
−32022-11-281.101+0.006+0.57%+0.65
−12022-11-281.101+0.006+0.57%+0.65
T02022-12-05same print as T01.0950.0000.00%0.00
+12022-12-05same print as T01.0950.0000.00%0.00
+32022-12-05same print as T01.0950.0000.00%0.00
+72022-12-121.086-0.009-0.81%-0.93
+142022-12-191.073-0.022-2.00%-2.30
+302023-01-021.092-0.003-0.23%-0.26
+602023-01-301.098+0.004+0.35%+0.41
+902023-02-271.100+0.005+0.46%+0.53

One volatility unit for this series is 0.87%, 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.

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+9038.9011.122022-11-04: 36.21 $ per barrel, used for offsets −302022-11-21: 25.46 $ per barrel, used for offsets −142022-11-28: 21.75 $ per barrel, used for offsets −72022-12-02: 19.76 $ per barrel, used for offsets −3, −1same print as T0 — 2022-12-05, 19.67 $ per barrel, used for offsets T02022-12-06: 20.42 $ per barrel, used for offsets +12022-12-08: 14.66 $ per barrel, used for offsets +32022-12-12: 13.81 $ per barrel, used for offsets +72022-12-19: 13.89 $ per barrel, used for offsets +142023-01-04: 25.20 $ per barrel, used for offsets +302023-02-03: 24.34 $ per barrel, used for offsets +602023-03-03: 25.60 $ 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
−302022-11-0436.21+16.548+84.15%+0.46
−142022-11-2125.46+5.798+29.48%+0.16
−72022-11-2821.75+2.086+10.61%+0.06
−32022-12-0219.76+0.096+0.49%+0.00
−12022-12-0219.76+0.096+0.49%+0.00
T02022-12-05same print as T019.670.0000.00%0.00
+12022-12-0620.42+0.752+3.82%+0.02
+32022-12-0814.66-5.008-25.47%-0.14
+72022-12-1213.81-5.854-29.77%-0.16
+142022-12-1913.89-5.776-29.37%-0.16
+302023-01-0425.20+5.530+28.12%+0.15
+602023-02-0324.34+4.678+23.79%+0.13
+902023-03-0325.60+5.936+30.18%+0.17

One volatility unit for this series is 182.43%, the standard deviation of its own day-on-day percentage changes over the three years before the event (737 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+9057.2023.782022-11-04: 51.50 $ per barrel, used for offsets −302022-11-21: 42.81 $ per barrel, used for offsets −142022-11-28: 30.74 $ per barrel, used for offsets −72022-12-02: 31.06 $ per barrel, used for offsets −3, −1same print as T0 — 2022-12-05, 27.02 $ per barrel, used for offsets T02022-12-06: 27.60 $ per barrel, used for offsets +12022-12-08: 35.20 $ per barrel, used for offsets +32022-12-12: 36.79 $ per barrel, used for offsets +72022-12-19: 36.02 $ per barrel, used for offsets +142023-01-04: 53.97 $ per barrel, used for offsets +302023-02-03: 29.38 $ per barrel, used for offsets +602023-03-03: 39.71 $ 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
−302022-11-0451.50+24.486+90.64%+0.51
−142022-11-2142.81+15.794+58.46%+0.33
−72022-11-2830.74+3.724+13.78%+0.08
−32022-12-0231.06+4.044+14.97%+0.08
−12022-12-0231.06+4.044+14.97%+0.08
T02022-12-05same print as T027.020.0000.00%0.00
+12022-12-0627.60+0.584+2.16%+0.01
+32022-12-0835.20+8.180+30.28%+0.17
+72022-12-1236.79+9.770+36.16%+0.21
+142022-12-1936.02+9.008+33.34%+0.19
+302023-01-0453.97+26.950+99.76%+0.57
+602023-02-0329.38+2.368+8.77%+0.05
+902023-03-0339.71+12.698+47.00%+0.27

One volatility unit for this series is 176.40%, the standard deviation of its own day-on-day percentage changes over the three years before the event (737 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.

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.

Source
European Commission, Directorate-General for Energy (DG ENER)Unknown
Period 2022-10-31Updated 2026-09-25 14:09 UTCConfidenceUnknownMethodologyDownload CSV

T0 is 2022-12-05. 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 EU import ban on seaborne Russian crude oil (in force 5 December 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 EU import ban on seaborne Russian crude oil (in force 5 December 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 2023-01-01)
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 2023-01-01)
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
202.0 days of cover at +30 d (published 2023-01-01)+0.50% from the level at T0 = +0.09 volatility units
Crude benchmarkThe quoted crude price European cargoes are priced against.Observed
75.31 $ per barrel at +30 d (published 2023-01-04)-9.66% from the level at T0 = -2.14 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
5,091,000 tonnes at +30 d (published 2023-01-01)+1.54% from the level at T0 = +0.40 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
0.8179 € per litre at +30 d (published 2023-01-02)-1.27% from the level at T0 = -0.29 volatility units
Pump price with taxWhat a driver actually paid.Observed
1.910 € per litre at +30 d (published 2023-01-02)-0.68% from the level at T0 = -0.33 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, 2022-11-28 to 2023-01-04 →

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: Finland, 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.

2022-12-262023-03-06-20-100102030c/L since the anchor week
  • Actual pre-tax change(official prices)
  • What crude alone would have done(calculated, with range)
  • Shaded: not explained by crude(not attributed to any cause)

Changes are measured from the bulletin week of 2022-12-05. Crude response taken from the stored pass-through estimate over the most recent three-year window (2023-09-25 to 2026-09-14). The light band is a conservative range, not a 90% interval. The shaded area is not explained by crude: refining margins, freight, retail margins and model error are all inside it, and none is named as its cause.

  • Over the 4 weeks after EU import ban on seaborne Russian crude oil (in force 5 December 2022), crude costs alone would have moved Finland's pre-tax petrol price by +2.9 c/L (range +0.5–+5.4); it actually moved -1.0 c/L, leaving -4.0 c/L not explained by crude.
  • Over the 13 weeks after EU import ban on seaborne Russian crude oil (in force 5 December 2022), crude costs alone would have moved Finland's pre-tax petrol price by +12.2 c/L (range +3.6–+20.8); it actually moved +1.1 c/L, leaving -11.1 c/L not explained by crude.

What the numbers support, sentence by sentence

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

  1. In the 7 days after EU import ban on seaborne Russian crude oil (in force 5 December 2022), Finland's pre-tax petrol price moved -4.5%, which is 1.0 times its normal week-to-week variation over the previous three years — within that range.

    about FinlandCalculatedOfficial
    Why this sentence
    Variables
    t0
    2022-12-05T00:00:00+00:00
    fuel
    petrol
    unit
    EUR/L
    event
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    value
    0.7913
    status
    OBSERVED
    country
    Finland
    z_score
    -4.708733949431596
    t0_value
    0.8284
    fuel_type
    EURO_SUPER_95
    change_pct
    -4.478512795750848
    event_name
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    event_slug
    eu-russia-crude-embargo-2022
    event_type
    EMBARGO
    offset_days
    7
    series_code
    RETAIL_PRETAX_FI_EURO_SUPER_95
    series_kind
    pre-tax
    country_iso2
    FI
    country_name
    Finland
    country_slug
    finland
    variation_label
    week-to-week
    observation_date
    2022-12-12
    same_observation
    false
    volatility_units
    -1.0140171035964098
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.03710000000000002
    change_pct_from_t0
    -4.478512795750848
    observation_gap_days
    0
    normal_volatility_pct
    4.416604788880707
    change_in_volatility_units
    -1.0140171035964098
    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
    2022-12-05T00:00:00+00:00
    fuel
    petrol
    unit
    EUR/L
    event
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    value
    0.7913
    status
    OBSERVED
    country
    Finland
    z_score
    -4.708733949431596
    t0_value
    0.8284
    fuel_type
    EURO_SUPER_95
    change_pct
    -4.478512795750848
    event_name
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    event_slug
    eu-russia-crude-embargo-2022
    event_type
    EMBARGO
    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_FI_EURO_SUPER_95
    series_kind
    pre-tax
    country_iso2
    FI
    country_name
    Finland
    country_slug
    finland
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2022-12-12
    same_observation
    false
    volatility_units
    -1.0140171035964098
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.03710000000000002
    change_pct_from_t0
    -4.478512795750848
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    0
    normal_volatility_pct
    4.416604788880707
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    -1.0140171035964098

    Template event.price_move.within_normal v1.1 · Fingerprint 8b333a751172d4581eb82437663c3a58f54a0f23e91e4215e0b694d121f63995 · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  2. In the 30 days after EU import ban on seaborne Russian crude oil (in force 5 December 2022), Finland's pre-tax petrol price moved -1.3%, which is 0.3 times its normal week-to-week variation over the previous three years — within that range.

    about FinlandCalculatedOfficial
    Why this sentence
    Variables
    t0
    2022-12-05T00:00:00+00:00
    fuel
    petrol
    unit
    EUR/L
    event
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    value
    0.81791
    status
    OBSERVED
    country
    Finland
    z_score
    -3.7135636029917505
    t0_value
    0.8284
    fuel_type
    EURO_SUPER_95
    change_pct
    -1.2662964751327859
    event_name
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    event_slug
    eu-russia-crude-embargo-2022
    event_type
    EMBARGO
    offset_days
    30
    series_code
    RETAIL_PRETAX_FI_EURO_SUPER_95
    series_kind
    pre-tax
    country_iso2
    FI
    country_name
    Finland
    country_slug
    finland
    variation_label
    week-to-week
    observation_date
    2023-01-02
    same_observation
    false
    volatility_units
    -0.2867126527419496
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.01049
    change_pct_from_t0
    -1.2662964751327859
    observation_gap_days
    2
    normal_volatility_pct
    4.416604788880707
    change_in_volatility_units
    -0.2867126527419496
    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
    2022-12-05T00:00:00+00:00
    fuel
    petrol
    unit
    EUR/L
    event
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    value
    0.81791
    status
    OBSERVED
    country
    Finland
    z_score
    -3.7135636029917505
    t0_value
    0.8284
    fuel_type
    EURO_SUPER_95
    change_pct
    -1.2662964751327859
    event_name
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    event_slug
    eu-russia-crude-embargo-2022
    event_type
    EMBARGO
    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_FI_EURO_SUPER_95
    series_kind
    pre-tax
    country_iso2
    FI
    country_name
    Finland
    country_slug
    finland
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2023-01-02
    same_observation
    false
    volatility_units
    -0.2867126527419496
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.01049
    change_pct_from_t0
    -1.2662964751327859
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    2
    normal_volatility_pct
    4.416604788880707
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    -0.2867126527419496

    Template event.price_move.within_normal v1.1 · Fingerprint 3c7dabc328f05f607aa419de1d79064f3f882ecf68f7b342d111165ee4f0b0a4 · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  3. In the 90 days after EU import ban on seaborne Russian crude oil (in force 5 December 2022), Finland's pre-tax petrol price moved +2.5%, which is 0.6 times its normal week-to-week variation over the previous three years — within that range.

    about FinlandCalculatedOfficial
    Why this sentence
    Variables
    t0
    2022-12-05T00:00:00+00:00
    fuel
    petrol
    unit
    EUR/L
    event
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    value
    0.84936
    status
    OBSERVED
    country
    Finland
    z_score
    -2.5373851965455616
    t0_value
    0.8284
    fuel_type
    EURO_SUPER_95
    change_pct
    2.530178657653305
    event_name
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    event_slug
    eu-russia-crude-embargo-2022
    event_type
    EMBARGO
    offset_days
    90
    series_code
    RETAIL_PRETAX_FI_EURO_SUPER_95
    series_kind
    pre-tax
    country_iso2
    FI
    country_name
    Finland
    country_slug
    finland
    variation_label
    week-to-week
    observation_date
    2023-02-27
    same_observation
    false
    volatility_units
    0.5728786655358683
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.02095999999999998
    change_pct_from_t0
    2.530178657653305
    observation_gap_days
    6
    normal_volatility_pct
    4.416604788880707
    change_in_volatility_units
    0.5728786655358683
    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
    2022-12-05T00:00:00+00:00
    fuel
    petrol
    unit
    EUR/L
    event
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    value
    0.84936
    status
    OBSERVED
    country
    Finland
    z_score
    -2.5373851965455616
    t0_value
    0.8284
    fuel_type
    EURO_SUPER_95
    change_pct
    2.530178657653305
    event_name
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    event_slug
    eu-russia-crude-embargo-2022
    event_type
    EMBARGO
    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_FI_EURO_SUPER_95
    series_kind
    pre-tax
    country_iso2
    FI
    country_name
    Finland
    country_slug
    finland
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2023-02-27
    same_observation
    false
    volatility_units
    0.5728786655358683
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.02095999999999998
    change_pct_from_t0
    2.530178657653305
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    6
    normal_volatility_pct
    4.416604788880707
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    0.5728786655358683

    Template event.price_move.within_normal v1.1 · Fingerprint 612f28a12f6ddb19746c367c4733690779e0ac9b9e481eb771697c94bcacd484 · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  4. In the 7 days after EU import ban on seaborne Russian crude oil (in force 5 December 2022), Finland's tax-inclusive petrol price moved -2.4%, which is 1.2 times its normal week-to-week variation over the previous three years — within that range.

    about FinlandCalculatedOfficial
    Why this sentence
    Variables
    t0
    2022-12-05T00:00:00+00:00
    fuel
    petrol
    unit
    EUR/L
    event
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    value
    1.877
    status
    OBSERVED
    country
    Finland
    z_score
    -4.708913217690772
    t0_value
    1.923
    fuel_type
    EURO_SUPER_95
    change_pct
    -2.392095683827355
    event_name
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    event_slug
    eu-russia-crude-embargo-2022
    event_type
    EMBARGO
    offset_days
    7
    series_code
    RETAIL_INCLTAX_FI_EURO_SUPER_95
    series_kind
    tax-inclusive
    country_iso2
    FI
    country_name
    Finland
    country_slug
    finland
    variation_label
    week-to-week
    observation_date
    2022-12-12
    same_observation
    false
    volatility_units
    -1.159364835459353
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.04600000000000004
    change_pct_from_t0
    -2.392095683827355
    observation_gap_days
    0
    normal_volatility_pct
    2.063281212837183
    change_in_volatility_units
    -1.159364835459353
    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
    2022-12-05T00:00:00+00:00
    fuel
    petrol
    unit
    EUR/L
    event
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    value
    1.877
    status
    OBSERVED
    country
    Finland
    z_score
    -4.708913217690772
    t0_value
    1.923
    fuel_type
    EURO_SUPER_95
    change_pct
    -2.392095683827355
    event_name
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    event_slug
    eu-russia-crude-embargo-2022
    event_type
    EMBARGO
    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_FI_EURO_SUPER_95
    series_kind
    tax-inclusive
    country_iso2
    FI
    country_name
    Finland
    country_slug
    finland
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2022-12-12
    same_observation
    false
    volatility_units
    -1.159364835459353
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.04600000000000004
    change_pct_from_t0
    -2.392095683827355
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    0
    normal_volatility_pct
    2.063281212837183
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    -1.159364835459353

    Template event.price_move.within_normal v1.1 · Fingerprint 5783136efbbfc6575858d6c71025a4a1e8bd5f5ed5cbadd0501f4f30d0aa4613 · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  5. In the 30 days after EU import ban on seaborne Russian crude oil (in force 5 December 2022), Finland's tax-inclusive petrol price moved -0.7%, which is 0.3 times its normal week-to-week variation over the previous three years — within that range.

    about FinlandCalculatedOfficial
    Why this sentence
    Variables
    t0
    2022-12-05T00:00:00+00:00
    fuel
    petrol
    unit
    EUR/L
    event
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    value
    1.9100000000000001
    status
    OBSERVED
    country
    Finland
    z_score
    -3.7135944911332315
    t0_value
    1.923
    fuel_type
    EURO_SUPER_95
    change_pct
    -0.676027041081638
    event_name
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    event_slug
    eu-russia-crude-embargo-2022
    event_type
    EMBARGO
    offset_days
    30
    series_code
    RETAIL_INCLTAX_FI_EURO_SUPER_95
    series_kind
    tax-inclusive
    country_iso2
    FI
    country_name
    Finland
    country_slug
    finland
    variation_label
    week-to-week
    observation_date
    2023-01-02
    same_observation
    false
    volatility_units
    -0.3276465839341622
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.0129999999999999
    change_pct_from_t0
    -0.676027041081638
    observation_gap_days
    2
    normal_volatility_pct
    2.063281212837183
    change_in_volatility_units
    -0.3276465839341622
    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
    2022-12-05T00:00:00+00:00
    fuel
    petrol
    unit
    EUR/L
    event
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    value
    1.9100000000000001
    status
    OBSERVED
    country
    Finland
    z_score
    -3.7135944911332315
    t0_value
    1.923
    fuel_type
    EURO_SUPER_95
    change_pct
    -0.676027041081638
    event_name
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    event_slug
    eu-russia-crude-embargo-2022
    event_type
    EMBARGO
    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_FI_EURO_SUPER_95
    series_kind
    tax-inclusive
    country_iso2
    FI
    country_name
    Finland
    country_slug
    finland
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2023-01-02
    same_observation
    false
    volatility_units
    -0.3276465839341622
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.0129999999999999
    change_pct_from_t0
    -0.676027041081638
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    2
    normal_volatility_pct
    2.063281212837183
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    -0.3276465839341622

    Template event.price_move.within_normal v1.1 · Fingerprint 12a7e3c80ff41b487d4241190f80c65c819e9663f0f8daecc747da4518740443 · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  6. In the 90 days after EU import ban on seaborne Russian crude oil (in force 5 December 2022), Finland's tax-inclusive petrol price moved +1.4%, which is 0.7 times its normal week-to-week variation over the previous three years — within that range.

    about FinlandCalculatedOfficial
    Why this sentence
    Variables
    t0
    2022-12-05T00:00:00+00:00
    fuel
    petrol
    unit
    EUR/L
    event
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    value
    1.949
    status
    OBSERVED
    country
    Finland
    z_score
    -2.5373087233834175
    t0_value
    1.923
    fuel_type
    EURO_SUPER_95
    change_pct
    1.3520540821632876
    event_name
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    event_slug
    eu-russia-crude-embargo-2022
    event_type
    EMBARGO
    offset_days
    90
    series_code
    RETAIL_INCLTAX_FI_EURO_SUPER_95
    series_kind
    tax-inclusive
    country_iso2
    FI
    country_name
    Finland
    country_slug
    finland
    variation_label
    week-to-week
    observation_date
    2023-02-27
    same_observation
    false
    volatility_units
    0.65529316786833
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.026000000000000023
    change_pct_from_t0
    1.3520540821632876
    observation_gap_days
    6
    normal_volatility_pct
    2.063281212837183
    change_in_volatility_units
    0.65529316786833
    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
    2022-12-05T00:00:00+00:00
    fuel
    petrol
    unit
    EUR/L
    event
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    value
    1.949
    status
    OBSERVED
    country
    Finland
    z_score
    -2.5373087233834175
    t0_value
    1.923
    fuel_type
    EURO_SUPER_95
    change_pct
    1.3520540821632876
    event_name
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    event_slug
    eu-russia-crude-embargo-2022
    event_type
    EMBARGO
    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_FI_EURO_SUPER_95
    series_kind
    tax-inclusive
    country_iso2
    FI
    country_name
    Finland
    country_slug
    finland
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2023-02-27
    same_observation
    false
    volatility_units
    0.65529316786833
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.026000000000000023
    change_pct_from_t0
    1.3520540821632876
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    6
    normal_volatility_pct
    2.063281212837183
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    0.65529316786833

    Template event.price_move.within_normal v1.1 · Fingerprint 59e4d92b94f8af04198377fbd92cadb6b31b539cb5be88e414ef12fc2f1c685e · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  7. In the 7 days after EU import ban on seaborne Russian crude oil (in force 5 December 2022), Finland's pre-tax diesel price moved -3.9%, which is 1.1 times its normal week-to-week variation over the previous three years — within that range.

    about FinlandCalculatedOfficial
    Why this sentence
    Variables
    t0
    2022-12-05T00:00:00+00:00
    fuel
    diesel
    unit
    EUR/L
    event
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    value
    1.1193199999999999
    status
    OBSERVED
    country
    Finland
    z_score
    -1.8018236996284498
    t0_value
    1.16448
    fuel_type
    DIESEL
    change_pct
    -3.878125858752412
    event_name
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    event_slug
    eu-russia-crude-embargo-2022
    event_type
    EMBARGO
    offset_days
    7
    series_code
    RETAIL_PRETAX_FI_DIESEL
    series_kind
    pre-tax
    country_iso2
    FI
    country_name
    Finland
    country_slug
    finland
    variation_label
    week-to-week
    observation_date
    2022-12-12
    same_observation
    false
    volatility_units
    -1.1005321091393099
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.04516000000000009
    change_pct_from_t0
    -3.878125858752412
    observation_gap_days
    0
    normal_volatility_pct
    3.5238643439357413
    change_in_volatility_units
    -1.1005321091393099
    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
    2022-12-05T00:00:00+00:00
    fuel
    diesel
    unit
    EUR/L
    event
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    value
    1.1193199999999999
    status
    OBSERVED
    country
    Finland
    z_score
    -1.8018236996284498
    t0_value
    1.16448
    fuel_type
    DIESEL
    change_pct
    -3.878125858752412
    event_name
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    event_slug
    eu-russia-crude-embargo-2022
    event_type
    EMBARGO
    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_FI_DIESEL
    series_kind
    pre-tax
    country_iso2
    FI
    country_name
    Finland
    country_slug
    finland
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2022-12-12
    same_observation
    false
    volatility_units
    -1.1005321091393099
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.04516000000000009
    change_pct_from_t0
    -3.878125858752412
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    0
    normal_volatility_pct
    3.5238643439357413
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    -1.1005321091393099

    Template event.price_move.within_normal v1.1 · Fingerprint b198f69238ca2e30da302df53035279e9eda097f8e7630ff91f95fa10026ac1d · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  8. In the 30 days after EU import ban on seaborne Russian crude oil (in force 5 December 2022), Finland's pre-tax diesel price moved +0.3%, which is 0.1 times its normal week-to-week variation over the previous three years — within that range.

    about FinlandCalculatedOfficial
    Why this sentence
    Variables
    t0
    2022-12-05T00:00:00+00:00
    fuel
    diesel
    unit
    EUR/L
    event
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    value
    1.16771
    status
    OBSERVED
    country
    Finland
    z_score
    -0.8865366029979558
    t0_value
    1.16448
    fuel_type
    DIESEL
    change_pct
    0.2773770266556803
    event_name
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    event_slug
    eu-russia-crude-embargo-2022
    event_type
    EMBARGO
    offset_days
    30
    series_code
    RETAIL_PRETAX_FI_DIESEL
    series_kind
    pre-tax
    country_iso2
    FI
    country_name
    Finland
    country_slug
    finland
    variation_label
    week-to-week
    observation_date
    2023-01-02
    same_observation
    false
    volatility_units
    0.07871387760230374
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.003230000000000066
    change_pct_from_t0
    0.2773770266556803
    observation_gap_days
    2
    normal_volatility_pct
    3.5238643439357413
    change_in_volatility_units
    0.07871387760230374
    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
    2022-12-05T00:00:00+00:00
    fuel
    diesel
    unit
    EUR/L
    event
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    value
    1.16771
    status
    OBSERVED
    country
    Finland
    z_score
    -0.8865366029979558
    t0_value
    1.16448
    fuel_type
    DIESEL
    change_pct
    0.2773770266556803
    event_name
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    event_slug
    eu-russia-crude-embargo-2022
    event_type
    EMBARGO
    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_FI_DIESEL
    series_kind
    pre-tax
    country_iso2
    FI
    country_name
    Finland
    country_slug
    finland
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2023-01-02
    same_observation
    false
    volatility_units
    0.07871387760230374
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.003230000000000066
    change_pct_from_t0
    0.2773770266556803
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    2
    normal_volatility_pct
    3.5238643439357413
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    0.07871387760230374

    Template event.price_move.within_normal v1.1 · Fingerprint 1b29dfa3fef2ebd88461601e2daff275215445d8012cfe4c156155f45ca2f1a4 · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  9. In the 90 days after EU import ban on seaborne Russian crude oil (in force 5 December 2022), Finland's pre-tax diesel price moved -6.0%, which is 1.7 times its normal week-to-week variation over the previous three years — within that range.

    about FinlandCalculatedOfficial
    Why this sentence
    Variables
    t0
    2022-12-05T00:00:00+00:00
    fuel
    diesel
    unit
    EUR/L
    event
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    value
    1.0951300000000002
    status
    OBSERVED
    country
    Finland
    z_score
    -2.2593726739514772
    t0_value
    1.16448
    fuel_type
    DIESEL
    change_pct
    -5.955447925254174
    event_name
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    event_slug
    eu-russia-crude-embargo-2022
    event_type
    EMBARGO
    offset_days
    90
    series_code
    RETAIL_PRETAX_FI_DIESEL
    series_kind
    pre-tax
    country_iso2
    FI
    country_name
    Finland
    country_slug
    finland
    variation_label
    week-to-week
    observation_date
    2023-02-27
    same_observation
    false
    volatility_units
    -1.6900332544023646
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.0693499999999998
    change_pct_from_t0
    -5.955447925254174
    observation_gap_days
    6
    normal_volatility_pct
    3.5238643439357413
    change_in_volatility_units
    -1.6900332544023646
    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
    2022-12-05T00:00:00+00:00
    fuel
    diesel
    unit
    EUR/L
    event
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    value
    1.0951300000000002
    status
    OBSERVED
    country
    Finland
    z_score
    -2.2593726739514772
    t0_value
    1.16448
    fuel_type
    DIESEL
    change_pct
    -5.955447925254174
    event_name
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    event_slug
    eu-russia-crude-embargo-2022
    event_type
    EMBARGO
    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_FI_DIESEL
    series_kind
    pre-tax
    country_iso2
    FI
    country_name
    Finland
    country_slug
    finland
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2023-02-27
    same_observation
    false
    volatility_units
    -1.6900332544023646
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.0693499999999998
    change_pct_from_t0
    -5.955447925254174
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    6
    normal_volatility_pct
    3.5238643439357413
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    -1.6900332544023646

    Template event.price_move.within_normal v1.1 · Fingerprint b2ccad67d006cb7b71cf12bfafe1f69f49c3b40c34c617fcd0c445ad6d28f48e · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  10. In the 7 days after EU import ban on seaborne Russian crude oil (in force 5 December 2022), Finland's tax-inclusive diesel price moved -2.7%, which is 1.2 times its normal week-to-week variation over the previous three years — within that range.

    about FinlandCalculatedOfficial
    Why this sentence
    Variables
    t0
    2022-12-05T00:00:00+00:00
    fuel
    diesel
    unit
    EUR/L
    event
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    value
    2.021
    status
    OBSERVED
    country
    Finland
    z_score
    -1.8018421242893514
    t0_value
    2.077
    fuel_type
    DIESEL
    change_pct
    -2.696196437168996
    event_name
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    event_slug
    eu-russia-crude-embargo-2022
    event_type
    EMBARGO
    offset_days
    7
    series_code
    RETAIL_INCLTAX_FI_DIESEL
    series_kind
    tax-inclusive
    country_iso2
    FI
    country_name
    Finland
    country_slug
    finland
    variation_label
    week-to-week
    observation_date
    2022-12-12
    same_observation
    false
    volatility_units
    -1.2050948563109782
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.05600000000000005
    change_pct_from_t0
    -2.696196437168996
    observation_gap_days
    0
    normal_volatility_pct
    2.237331296411438
    change_in_volatility_units
    -1.2050948563109782
    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
    2022-12-05T00:00:00+00:00
    fuel
    diesel
    unit
    EUR/L
    event
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    value
    2.021
    status
    OBSERVED
    country
    Finland
    z_score
    -1.8018421242893514
    t0_value
    2.077
    fuel_type
    DIESEL
    change_pct
    -2.696196437168996
    event_name
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    event_slug
    eu-russia-crude-embargo-2022
    event_type
    EMBARGO
    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_FI_DIESEL
    series_kind
    tax-inclusive
    country_iso2
    FI
    country_name
    Finland
    country_slug
    finland
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2022-12-12
    same_observation
    false
    volatility_units
    -1.2050948563109782
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.05600000000000005
    change_pct_from_t0
    -2.696196437168996
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    0
    normal_volatility_pct
    2.237331296411438
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    -1.2050948563109782

    Template event.price_move.within_normal v1.1 · Fingerprint b1cff5e001561041460b71e089fb8292454b9febc00916b0b9675c773163ef2a · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  11. In the 30 days after EU import ban on seaborne Russian crude oil (in force 5 December 2022), Finland's tax-inclusive diesel price moved +0.2%, which is 0.1 times its normal week-to-week variation over the previous three years — within that range.

    about FinlandCalculatedOfficial
    Why this sentence
    Variables
    t0
    2022-12-05T00:00:00+00:00
    fuel
    diesel
    unit
    EUR/L
    event
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    value
    2.081
    status
    OBSERVED
    country
    Finland
    z_score
    -0.8866207278249184
    t0_value
    2.077
    fuel_type
    DIESEL
    change_pct
    0.19258545979778544
    event_name
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    event_slug
    eu-russia-crude-embargo-2022
    event_type
    EMBARGO
    offset_days
    30
    series_code
    RETAIL_INCLTAX_FI_DIESEL
    series_kind
    tax-inclusive
    country_iso2
    FI
    country_name
    Finland
    country_slug
    finland
    variation_label
    week-to-week
    observation_date
    2023-01-02
    same_observation
    false
    volatility_units
    0.08607820402221272
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.0040000000000000036
    change_pct_from_t0
    0.19258545979778544
    observation_gap_days
    2
    normal_volatility_pct
    2.237331296411438
    change_in_volatility_units
    0.08607820402221272
    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
    2022-12-05T00:00:00+00:00
    fuel
    diesel
    unit
    EUR/L
    event
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    value
    2.081
    status
    OBSERVED
    country
    Finland
    z_score
    -0.8866207278249184
    t0_value
    2.077
    fuel_type
    DIESEL
    change_pct
    0.19258545979778544
    event_name
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    event_slug
    eu-russia-crude-embargo-2022
    event_type
    EMBARGO
    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_FI_DIESEL
    series_kind
    tax-inclusive
    country_iso2
    FI
    country_name
    Finland
    country_slug
    finland
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2023-01-02
    same_observation
    false
    volatility_units
    0.08607820402221272
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.0040000000000000036
    change_pct_from_t0
    0.19258545979778544
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    2
    normal_volatility_pct
    2.237331296411438
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    0.08607820402221272

    Template event.price_move.within_normal v1.1 · Fingerprint 959d4c33ff4b87a54f3a5f34414988e151f516e8610d6d9e7a5315f87cd7ee96 · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  12. In the 90 days after EU import ban on seaborne Russian crude oil (in force 5 December 2022), Finland's tax-inclusive diesel price moved -4.1%, which is 1.9 times its normal week-to-week variation over the previous three years — within that range.

    about FinlandCalculatedOfficial
    Why this sentence
    Variables
    t0
    2022-12-05T00:00:00+00:00
    fuel
    diesel
    unit
    EUR/L
    event
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    value
    1.991
    status
    OBSERVED
    country
    Finland
    z_score
    -2.2594528225215647
    t0_value
    2.077
    fuel_type
    DIESEL
    change_pct
    -4.140587385652377
    event_name
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    event_slug
    eu-russia-crude-embargo-2022
    event_type
    EMBARGO
    offset_days
    90
    series_code
    RETAIL_INCLTAX_FI_DIESEL
    series_kind
    tax-inclusive
    country_iso2
    FI
    country_name
    Finland
    country_slug
    finland
    variation_label
    week-to-week
    observation_date
    2023-02-27
    same_observation
    false
    volatility_units
    -1.850681386477569
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.08599999999999985
    change_pct_from_t0
    -4.140587385652377
    observation_gap_days
    6
    normal_volatility_pct
    2.237331296411438
    change_in_volatility_units
    -1.850681386477569
    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
    2022-12-05T00:00:00+00:00
    fuel
    diesel
    unit
    EUR/L
    event
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    value
    1.991
    status
    OBSERVED
    country
    Finland
    z_score
    -2.2594528225215647
    t0_value
    2.077
    fuel_type
    DIESEL
    change_pct
    -4.140587385652377
    event_name
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    event_slug
    eu-russia-crude-embargo-2022
    event_type
    EMBARGO
    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_FI_DIESEL
    series_kind
    tax-inclusive
    country_iso2
    FI
    country_name
    Finland
    country_slug
    finland
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2023-02-27
    same_observation
    false
    volatility_units
    -1.850681386477569
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.08599999999999985
    change_pct_from_t0
    -4.140587385652377
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    6
    normal_volatility_pct
    2.237331296411438
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    -1.850681386477569

    Template event.price_move.within_normal v1.1 · Fingerprint d150c578eec360ed327f85777b8089a83f9b95beb880860866e82001833cef0a · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  13. Over the 4 weeks after EU import ban on seaborne Russian crude oil (in force 5 December 2022), crude costs alone would have moved Finland's pre-tax petrol price by +2.9 c/L (range +0.5–+5.4); it actually moved -1.0 c/L, leaving -4.0 c/L not explained by crude.

    about FinlandCalculatedMedium
    Why this sentence
    Variables
    t0
    2022-12-05T00:00:00+00:00
    fuel
    petrol
    event
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    weeks
    4
    status
    COMPUTED
    country
    Finland
    fuel_type
    EURO_SUPER_95
    gap_label
    NOT_EXPLAINED_BY_CRUDE
    event_name
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    event_slug
    eu-russia-crude-embargo-2022
    event_type
    EMBARGO
    series_code
    CRUDE_ONLY_EXPECTED_FI_EURO_SUPER_95
    country_iso2
    FI
    country_name
    Finland
    country_slug
    finland
    offset_weeks
    4
    proxy_product
    GASOLINE
    proxy_to_date
    2022-12-30
    pass_through_k
    0
    proxy_from_date
    2022-12-05
    observation_date
    2023-01-02
    gap_eur_per_litre
    -0.0399761628678591
    series_source_ids
    ["ec_weekly_oil_bulletin","eia_brent_rbrte"]
    anchor_period_start
    2022-12-05
    actual_eur_per_litre
    -0.01049
    expected_eur_per_litre
    0.0294861628678591
    proxy_volatility_units
    0.2070376188168671
    pass_through_sample_end
    2026-09-14
    proxy_change_usd_per_bbl
    7.428000000000001
    pass_through_sample_start
    2023-09-25
    pass_through_window_label
    ROLLING_156W
    expected_low_eur_per_litre
    0.005190246235286189
    expected_high_eur_per_litre
    0.0537820795004329
    proxy_normal_volatility_pct
    182.43434263983826
    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
    2022-12-05T00:00:00+00:00
    fuel
    petrol
    event
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    weeks
    4
    status
    COMPUTED
    country
    Finland
    fuel_type
    EURO_SUPER_95
    gap_label
    NOT_EXPLAINED_BY_CRUDE
    event_name
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    event_slug
    eu-russia-crude-embargo-2022
    event_type
    EMBARGO
    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_FI_EURO_SUPER_95
    country_iso2
    FI
    country_name
    Finland
    country_slug
    finland
    offset_weeks
    4
    proxy_product
    GASOLINE
    proxy_to_date
    2022-12-30
    pass_through_k
    0
    proxy_from_date
    2022-12-05
    statement_topic
    event
    observation_date
    2023-01-02
    gap_eur_per_litre
    -0.0399761628678591
    series_source_ids
    ["ec_weekly_oil_bulletin","eia_brent_rbrte"]
    anchor_period_start
    2022-12-05
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    actual_eur_per_litre
    -0.01049
    expected_eur_per_litre
    0.0294861628678591
    proxy_volatility_units
    0.2070376188168671
    pass_through_sample_end
    2026-09-14
    proxy_change_usd_per_bbl
    7.428000000000001
    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
    0.005190246235286189
    expected_high_eur_per_litre
    0.0537820795004329
    proxy_normal_volatility_pct
    182.43434263983826

    Template event.crude_only.computed v1.1 · Fingerprint 3c66bb4c5dd1ad0ae29b7a58c7b28a0387de9a19c598ef000b7a7f354a7887cc · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  14. Over the 13 weeks after EU import ban on seaborne Russian crude oil (in force 5 December 2022), crude costs alone would have moved Finland's pre-tax petrol price by +12.2 c/L (range +3.6–+20.8); it actually moved +1.1 c/L, leaving -11.1 c/L not explained by crude.

    about FinlandCalculatedMedium
    Why this sentence
    Variables
    t0
    2022-12-05T00:00:00+00:00
    fuel
    petrol
    event
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    weeks
    13
    status
    COMPUTED
    country
    Finland
    fuel_type
    EURO_SUPER_95
    gap_label
    NOT_EXPLAINED_BY_CRUDE
    event_name
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    event_slug
    eu-russia-crude-embargo-2022
    event_type
    EMBARGO
    series_code
    CRUDE_ONLY_EXPECTED_FI_EURO_SUPER_95
    country_iso2
    FI
    country_name
    Finland
    country_slug
    finland
    offset_weeks
    13
    proxy_product
    GASOLINE
    proxy_to_date
    2023-03-06
    pass_through_k
    0
    proxy_from_date
    2022-12-05
    observation_date
    2023-03-06
    gap_eur_per_litre
    -0.11094428588364091
    series_source_ids
    ["ec_weekly_oil_bulletin","eia_brent_rbrte"]
    anchor_period_start
    2022-12-05
    actual_eur_per_litre
    0.011290000000000022
    expected_eur_per_litre
    0.12223428588364094
    proxy_volatility_units
    0.15391245706875872
    pass_through_sample_end
    2026-09-14
    proxy_change_usd_per_bbl
    5.5219999999999985
    pass_through_sample_start
    2023-09-25
    pass_through_window_label
    ROLLING_156W
    expected_low_eur_per_litre
    0.036419246180813714
    expected_high_eur_per_litre
    0.20804932558646705
    proxy_normal_volatility_pct
    182.43434263983826
    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
    2022-12-05T00:00:00+00:00
    fuel
    petrol
    event
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    weeks
    13
    status
    COMPUTED
    country
    Finland
    fuel_type
    EURO_SUPER_95
    gap_label
    NOT_EXPLAINED_BY_CRUDE
    event_name
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    event_slug
    eu-russia-crude-embargo-2022
    event_type
    EMBARGO
    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_FI_EURO_SUPER_95
    country_iso2
    FI
    country_name
    Finland
    country_slug
    finland
    offset_weeks
    13
    proxy_product
    GASOLINE
    proxy_to_date
    2023-03-06
    pass_through_k
    0
    proxy_from_date
    2022-12-05
    statement_topic
    event
    observation_date
    2023-03-06
    gap_eur_per_litre
    -0.11094428588364091
    series_source_ids
    ["ec_weekly_oil_bulletin","eia_brent_rbrte"]
    anchor_period_start
    2022-12-05
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    actual_eur_per_litre
    0.011290000000000022
    expected_eur_per_litre
    0.12223428588364094
    proxy_volatility_units
    0.15391245706875872
    pass_through_sample_end
    2026-09-14
    proxy_change_usd_per_bbl
    5.5219999999999985
    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
    0.036419246180813714
    expected_high_eur_per_litre
    0.20804932558646705
    proxy_normal_volatility_pct
    182.43434263983826

    Template event.crude_only.computed v1.1 · Fingerprint 2de118cf0547aaf729f8f5d439a71f252cc33398d946b556afd50859424343cf · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  15. What crude costs alone would have done to Finland's pre-tax diesel price over the 4 weeks after EU import ban on seaborne Russian crude oil (in force 5 December 2022) is UNKNOWN: Neither the most recent three-year pass-through window nor the full sample has a COMPUTED estimate for this country and fuel (docs/PRICE_MODEL.md §4.5), so there is no measured crude response to project. No substitute such as full pass-through is used (docs/PRICE_MODEL.md §7.2).

    about FinlandUnknownUnknown
    Why this sentence
    Variables
    t0
    2022-12-05T00:00:00+00:00
    fuel
    diesel
    event
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    weeks
    4
    status
    UNKNOWN
    country
    Finland
    fuel_type
    DIESEL
    gap_label
    NOT_EXPLAINED_BY_CRUDE
    event_name
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    event_slug
    eu-russia-crude-embargo-2022
    event_type
    EMBARGO
    reason_code
    NO_COMPUTED_PASS_THROUGH_ESTIMATE
    series_code
    CRUDE_ONLY_EXPECTED_FI_DIESEL
    country_iso2
    FI
    country_name
    Finland
    country_slug
    finland
    proxy_product
    null
    gap_eur_per_litre
    null
    actual_eur_per_litre
    null
    expected_eur_per_litre
    null
    proxy_volatility_units
    null
    proxy_change_usd_per_bbl
    null
    pass_through_window_label
    null
    expected_low_eur_per_litre
    null
    expected_high_eur_per_litre
    null
    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
    2022-12-05T00:00:00+00:00
    fuel
    diesel
    event
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    weeks
    4
    status
    UNKNOWN
    country
    Finland
    fuel_type
    DIESEL
    gap_label
    NOT_EXPLAINED_BY_CRUDE
    event_name
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    event_slug
    eu-russia-crude-embargo-2022
    event_type
    EMBARGO
    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_COMPUTED_PASS_THROUGH_ESTIMATE
    series_code
    CRUDE_ONLY_EXPECTED_FI_DIESEL
    country_iso2
    FI
    country_name
    Finland
    country_slug
    finland
    proxy_product
    null
    statement_topic
    event
    gap_eur_per_litre
    null
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    actual_eur_per_litre
    null
    expected_eur_per_litre
    null
    proxy_volatility_units
    null
    proxy_change_usd_per_bbl
    null
    pass_through_window_label
    null
    study_calculation_version
    event_study-1.0
    expected_low_eur_per_litre
    null
    expected_high_eur_per_litre
    null

    Template event.crude_only.unknown v1.1 · Fingerprint f66b0c0a0707c8e671b89c30566ed397d03cb32ebeea87532f4b9960dc66a4c6 · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  16. Direct physical dependence on Hormuz-linked crude was limited (0%) for Finland in 2022-12.

    about FinlandCalculatedLow
    Why this sentence
    Variables
    t0
    2022-12-05T00:00:00+00:00
    band
    limited
    unit
    % of imported tonnes
    period
    2022-12
    status
    OBSERVED
    country
    Finland
    commodity
    crude
    dimension
    DIRECT_CRUDE
    event_name
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    event_slug
    eu-russia-crude-embargo-2022
    event_type
    EMBARGO
    country_iso2
    FI
    country_name
    Finland
    country_slug
    finland
    value_max_pct
    0
    value_min_pct
    0
    exposure_status
    COMPUTED
    value_point_pct
    0
    observation_date
    2022-12-01
    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
    2022-12-05T00:00:00+00:00
    band
    limited
    unit
    % of imported tonnes
    period
    2022-12
    status
    OBSERVED
    country
    Finland
    commodity
    crude
    dimension
    DIRECT_CRUDE
    event_name
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    event_slug
    eu-russia-crude-embargo-2022
    event_type
    EMBARGO
    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
    FI
    country_name
    Finland
    country_slug
    finland
    value_max_pct
    0
    value_min_pct
    0
    exposure_status
    COMPUTED
    statement_topic
    hormuz
    value_point_pct
    0
    observation_date
    2022-12-01
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    study_calculation_version
    event_study-1.0

    Template event.dependence.point v1.1 · Fingerprint 5d83b2b230c511d74de9cb7020a286fa038a6181b586fbc493ad71a72c1170b2 · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  17. Direct physical dependence on Hormuz-linked refined product was limited (0%) for Finland in 2022-12.

    about FinlandCalculatedLow
    Why this sentence
    Variables
    t0
    2022-12-05T00:00:00+00:00
    band
    limited
    unit
    % of imported tonnes
    period
    2022-12
    status
    OBSERVED
    country
    Finland
    commodity
    refined product
    dimension
    DIRECT_PRODUCT
    event_name
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    event_slug
    eu-russia-crude-embargo-2022
    event_type
    EMBARGO
    country_iso2
    FI
    country_name
    Finland
    country_slug
    finland
    value_max_pct
    0
    value_min_pct
    0
    exposure_status
    COMPUTED
    value_point_pct
    0
    observation_date
    2022-12-01
    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
    2022-12-05T00:00:00+00:00
    band
    limited
    unit
    % of imported tonnes
    period
    2022-12
    status
    OBSERVED
    country
    Finland
    commodity
    refined product
    dimension
    DIRECT_PRODUCT
    event_name
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    event_slug
    eu-russia-crude-embargo-2022
    event_type
    EMBARGO
    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
    FI
    country_name
    Finland
    country_slug
    finland
    value_max_pct
    0
    value_min_pct
    0
    exposure_status
    COMPUTED
    statement_topic
    hormuz
    value_point_pct
    0
    observation_date
    2022-12-01
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    study_calculation_version
    event_study-1.0

    Template event.dependence.point v1.1 · Fingerprint 45194613792b50ed52186236aa41629f77a6b7a51dd70fa4372e8c106af4d494 · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  18. Available evidence does not show a physical supply reduction: Finland's reported crude imports in 2022-12 were +14.2% against the mean of the previous 12 months.

    about FinlandCalculatedOfficial
    Why this sentence
    Variables
    t0
    2022-12-05T00:00:00+00:00
    unit
    tonnes
    month
    2022-12
    country
    Finland
    change_pct
    14.153132250580047
    event_name
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    event_slug
    eu-russia-crude-embargo-2022
    event_type
    EMBARGO
    country_iso2
    FI
    country_name
    Finland
    country_slug
    finland
    partner_role
    ORIGIN
    value_tonnes
    861000
    baseline_months
    12
    observation_date
    2022-12-01
    series_source_ids
    ["eurostat_nrg_ti_oilm"]
    baseline_mean_tonnes
    754250
    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
    2022-12-05T00:00:00+00:00
    unit
    tonnes
    month
    2022-12
    country
    Finland
    change_pct
    14.153132250580047
    event_name
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    event_slug
    eu-russia-crude-embargo-2022
    event_type
    EMBARGO
    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
    FI
    country_name
    Finland
    country_slug
    finland
    partner_role
    ORIGIN
    value_tonnes
    861000
    baseline_months
    12
    statement_topic
    event
    observation_date
    2022-12-01
    series_source_ids
    ["eurostat_nrg_ti_oilm"]
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    baseline_mean_tonnes
    754250
    study_calculation_version
    event_study-1.0

    Template event.supply.no_reduction v1.1 · Fingerprint 59bb35417f6ae4110c965519dfe7567a809457b972519eb6e9a7dffeebbea86c · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  19. In 2022-12, Finland's oil stocks stood 3.9% below their trailing 12-month mean — inside the 5% either side that this site reads as in line with it, with 201.0 days of cover (as published).

    about FinlandCalculatedOfficial
    Why this sentence
    Variables
    t0
    2022-12-05T00:00:00+00:00
    unit
    tonnes
    month
    2022-12
    status
    OBSERVED
    country
    Finland
    direction
    below
    siec_code
    O4000
    event_name
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    event_slug
    eu-russia-crude-embargo-2022
    event_type
    EMBARGO
    holder_type
    STK_CL
    series_code
    INVENTORY_FI
    country_iso2
    FI
    country_name
    Finland
    country_slug
    finland
    days_of_cover
    201
    metric_status
    COMPUTED
    mom_change_pct
    -2.4893037728510308
    observation_date
    2022-12-01
    series_source_ids
    ["eurostat_nrg_stk_oem","eurostat_nrg_stk_oilm"]
    total_stock_tonnes
    5014000
    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
    4
    trailing_12m_mean_tonnes
    5216083.333333333
    level_vs_trailing_12m_pct
    -3.8742351381144857
    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
    -3.8742351381144857
    level_vs_trailing_12m_pct_shown
    -3.9
    inventory_material_deviation_pct
    5
    Inputs
    t0
    2022-12-05T00:00:00+00:00
    unit
    tonnes
    month
    2022-12
    status
    OBSERVED
    country
    Finland
    direction
    below
    siec_code
    O4000
    event_name
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    event_slug
    eu-russia-crude-embargo-2022
    event_type
    EMBARGO
    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_FI
    country_iso2
    FI
    country_name
    Finland
    country_slug
    finland
    days_of_cover
    201
    metric_status
    COMPUTED
    mom_change_pct
    -2.4893037728510308
    statement_topic
    event
    observation_date
    2022-12-01
    series_source_ids
    ["eurostat_nrg_stk_oem","eurostat_nrg_stk_oilm"]
    total_stock_tonnes
    5014000
    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
    4
    trailing_12m_mean_tonnes
    5216083.333333333
    level_vs_trailing_12m_pct
    -3.8742351381144857
    study_calculation_version
    event_study-1.0
    trailing_12m_observations
    12

    Template event.inventory_level.in_line v1.1 · Fingerprint 060527bdb82cd90150717f6b75f4c13d577c6f5d2dc53dac29aae7ecd818abb0 · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  20. Summary of what can be checked here

    Only part of the chain can be checked for Finland around EU import ban on seaborne Russian crude oil (in force 5 December 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 FinlandUnknownUnknown
    Why this sentence
    Variables
    t0
    2022-12-05T00:00:00+00:00
    event
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    country
    Finland
    event_name
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    event_slug
    eu-russia-crude-embargo-2022
    event_type
    EMBARGO
    country_iso2
    FI
    country_name
    Finland
    country_slug
    finland
    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
    2022-12-05T00:00:00+00:00
    event
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    country
    Finland
    event_name
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    event_slug
    eu-russia-crude-embargo-2022
    event_type
    EMBARGO
    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
    FI
    country_name
    Finland
    country_slug
    finland
    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 a9d1d4df19cf0848604e48d248eba993fcb58e124c10350350e564aac6fb99bd · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  21. In the 7 days after EU import ban on seaborne Russian crude oil (in force 5 December 2022), the Brent crude benchmark moved -6.4%, which is 1.4 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
    2022-12-05T00:00:00+00:00
    unit
    $/BBL
    event
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    value
    78
    status
    OBSERVED
    z_score
    -3.919330167431879
    t0_value
    83.36
    benchmark
    Brent crude
    change_pct
    -6.429942418426104
    event_name
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    event_slug
    eu-russia-crude-embargo-2022
    event_type
    EMBARGO
    offset_days
    7
    series_code
    BRENT
    variation_label
    day-to-day
    observation_date
    2022-12-12
    same_observation
    false
    volatility_units
    -1.424724765497578
    series_source_ids
    ["eia_brent_rbrte"]
    change_abs_from_t0
    -5.359999999999999
    change_pct_from_t0
    -6.429942418426104
    observation_gap_days
    0
    normal_volatility_pct
    4.513111987760301
    change_in_volatility_units
    -1.424724765497578
    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
    2022-12-05T00:00:00+00:00
    unit
    $/BBL
    event
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    value
    78
    status
    OBSERVED
    z_score
    -3.919330167431879
    t0_value
    83.36
    benchmark
    Brent crude
    change_pct
    -6.429942418426104
    event_name
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    event_slug
    eu-russia-crude-embargo-2022
    event_type
    EMBARGO
    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
    2022-12-12
    same_observation
    false
    volatility_units
    -1.424724765497578
    series_source_ids
    ["eia_brent_rbrte"]
    change_abs_from_t0
    -5.359999999999999
    change_pct_from_t0
    -6.429942418426104
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    0
    normal_volatility_pct
    4.513111987760301
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    -1.424724765497578

    Template event.benchmark_move.within_normal v1.1 · Fingerprint b54773c6d8ea729448e355679535649a28ea7e4cedc8813dfcf6f2802aab32bd · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  22. In the 30 days after EU import ban on seaborne Russian crude oil (in force 5 December 2022), the Brent crude benchmark moved -9.7%, which is 2.1 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
    2022-12-05T00:00:00+00:00
    unit
    $/BBL
    event
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    value
    75.31
    status
    OBSERVED
    z_score
    -4.677910199838048
    t0_value
    83.36
    benchmark
    Brent crude
    change_pct
    -9.65690978886756
    event_name
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    event_slug
    eu-russia-crude-embargo-2022
    event_type
    EMBARGO
    offset_days
    30
    series_code
    BRENT
    variation_label
    day-to-day
    observation_date
    2023-01-04
    same_observation
    false
    volatility_units
    -2.1397452168387128
    series_source_ids
    ["eia_brent_rbrte"]
    change_abs_from_t0
    -8.049999999999997
    change_pct_from_t0
    -9.65690978886756
    observation_gap_days
    0
    normal_volatility_pct
    4.513111987760301
    change_in_volatility_units
    -2.1397452168387128
    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
    2022-12-05T00:00:00+00:00
    unit
    $/BBL
    event
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    value
    75.31
    status
    OBSERVED
    z_score
    -4.677910199838048
    t0_value
    83.36
    benchmark
    Brent crude
    change_pct
    -9.65690978886756
    event_name
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    event_slug
    eu-russia-crude-embargo-2022
    event_type
    EMBARGO
    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
    2023-01-04
    same_observation
    false
    volatility_units
    -2.1397452168387128
    series_source_ids
    ["eia_brent_rbrte"]
    change_abs_from_t0
    -8.049999999999997
    change_pct_from_t0
    -9.65690978886756
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    0
    normal_volatility_pct
    4.513111987760301
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    -2.1397452168387128

    Template event.benchmark_move.outside_normal v1.1 · Fingerprint a66bdad4120941189e2864b65cefe96af6989d6c7dc9d9e481dad3f463e1452c · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  23. In the 90 days after EU import ban on seaborne Russian crude oil (in force 5 December 2022), the Brent crude benchmark moved +2.9%, which is 0.6 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
    2022-12-05T00:00:00+00:00
    unit
    $/BBL
    event
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    value
    85.74
    status
    OBSERVED
    z_score
    -1.7366500741888493
    t0_value
    83.36
    benchmark
    Brent crude
    change_pct
    2.855086372360839
    event_name
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    event_slug
    eu-russia-crude-embargo-2022
    event_type
    EMBARGO
    offset_days
    90
    series_code
    BRENT
    variation_label
    day-to-day
    observation_date
    2023-03-03
    same_observation
    false
    volatility_units
    0.6326203249784009
    series_source_ids
    ["eia_brent_rbrte"]
    change_abs_from_t0
    2.3799999999999955
    change_pct_from_t0
    2.855086372360839
    observation_gap_days
    2
    normal_volatility_pct
    4.513111987760301
    change_in_volatility_units
    0.6326203249784009
    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
    2022-12-05T00:00:00+00:00
    unit
    $/BBL
    event
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    value
    85.74
    status
    OBSERVED
    z_score
    -1.7366500741888493
    t0_value
    83.36
    benchmark
    Brent crude
    change_pct
    2.855086372360839
    event_name
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    event_slug
    eu-russia-crude-embargo-2022
    event_type
    EMBARGO
    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
    2023-03-03
    same_observation
    false
    volatility_units
    0.6326203249784009
    series_source_ids
    ["eia_brent_rbrte"]
    change_abs_from_t0
    2.3799999999999955
    change_pct_from_t0
    2.855086372360839
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    2
    normal_volatility_pct
    4.513111987760301
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    0.6326203249784009

    Template event.benchmark_move.within_normal v1.1 · Fingerprint 95c15aae3aef102cb53ce9861989a6b3fd3d482e297b83dd1613ec9cd40b15cc · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  24. 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
    2022-12-05T00:00:00+00:00
    channels
    ["freight rates"]
    event_name
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    event_slug
    eu-russia-crude-embargo-2022
    event_type
    EMBARGO
    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
    2022-12-05T00:00:00+00:00
    channels
    ["freight rates"]
    event_name
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    event_slug
    eu-russia-crude-embargo-2022
    event_type
    EMBARGO
    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 81f14ddf9bdd5a846c68ffa6a0c2ac90cc0051c094198d9fc185147f886c0b88 · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  25. 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
    2022-12-05T00:00:00+00:00
    channels
    ["refined-product benchmark"]
    event_name
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    event_slug
    eu-russia-crude-embargo-2022
    event_type
    EMBARGO
    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
    2022-12-05T00:00:00+00:00
    channels
    ["refined-product benchmark"]
    event_name
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    event_slug
    eu-russia-crude-embargo-2022
    event_type
    EMBARGO
    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 91941020696deeb37b6bfcb5c4e321ba5865cedc68042d4a64d30524b6fb2549 · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  26. 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
    2022-12-05T00:00:00+00:00
    channels
    ["wholesale prices"]
    event_name
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    event_slug
    eu-russia-crude-embargo-2022
    event_type
    EMBARGO
    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
    2022-12-05T00:00:00+00:00
    channels
    ["wholesale prices"]
    event_name
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    event_slug
    eu-russia-crude-embargo-2022
    event_type
    EMBARGO
    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 e638c4d7da43b662509013a365f2d13fca0fa20208646d67ade6d6d3b40790a0 · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  27. 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
    2022-12-05T00:00:00+00:00
    channels
    ["refining margin"]
    event_name
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    event_slug
    eu-russia-crude-embargo-2022
    event_type
    EMBARGO
    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
    2022-12-05T00:00:00+00:00
    channels
    ["refining margin"]
    event_name
    EU import ban on seaborne Russian crude oil (in force 5 December 2022)
    event_slug
    eu-russia-crude-embargo-2022
    event_type
    EMBARGO
    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 e1f282615a660e84b280ecac2938abde9502c7d8209f04d500d682817c457aef · 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.

Finland: 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.