Fuel Origin

Events / Import ban

EU import ban on Russian refined petroleum products (in force 5 February 2023)

Dates
2023-02-05 → no end date recorded
Dated to
the day
Status
Ongoing
Scope
European Union

What the sources said

Second phase of the sixth sanctions package of 3 June 2022 (Council Regulation (EU) 2022/879 amending Regulation (EU) No 833/2014): an eight-month wind-down for refined petroleum products against six months for seaborne crude. 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." Recorded as a separate marker because each event on this timeline has a single start date and the two phases have different in-force dates. 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 2026-09-25 14:07 UTCRevision 2
Source documents (2)
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.

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

186 published readings, 9 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+9088.2974.522023-01-06: 76.41 $ per barrel, used for offsets −302023-01-20: 86.96 $ per barrel, used for offsets −142023-01-27: 85.36 $ per barrel, used for offsets −72023-02-02: 80.57 $ per barrel, used for offsets −3same print as T0 — 2023-02-03, 78.85 $ per barrel, used for offsets −1, T02023-02-06: 80.48 $ per barrel, used for offsets +12023-02-08: 84.17 $ per barrel, used for offsets +32023-02-10: 85.46 $ per barrel, used for offsets +72023-02-17: 81.97 $ per barrel, used for offsets +142023-03-06: 85.86 $ per barrel, used for offsets +302023-04-06: 86.56 $ per barrel, used for offsets +602023-05-05: 75.85 $ 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.

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
−302023-01-0676.41-2.440-3.09%-0.68
−142023-01-2086.96+8.110+10.29%+2.27
−72023-01-2785.36+6.510+8.26%+1.82
−32023-02-0280.57+1.720+2.18%+0.48
−12023-02-03same print as T078.850.0000.00%0.00
T02023-02-03same print as T078.850.0000.00%0.00
+12023-02-0680.48+1.630+2.07%+0.46
+32023-02-0884.17+5.320+6.75%+1.49
+72023-02-1085.46+6.610+8.38%+1.85
+142023-02-1781.97+3.120+3.96%+0.87
+302023-03-0685.86+7.010+8.89%+1.96
+602023-04-0686.56+7.710+9.78%+2.16
+902023-05-0575.85-3.000-3.80%-0.84

One volatility unit for this series is 4.53%, the standard deviation of its own day-on-day percentage changes over the three years before the event (757 changes). It is not a significance test.

reported crude oil imports, all origins

Unit: tonnesPublished: monthlyCalculatedOfficial
T0−30T0+30+60+90752,469505,2032023-01-01: 529,132 tonnes, used for offsets −30, −14, −7same print as T0 — 2023-02-01, 728,540 tonnes, used for offsets −3, −1, T0, +1, +3, +7, +142023-03-01: 570,867 tonnes, used for offsets +302023-04-01: 530,203 tonnes, used for offsets +602023-05-01: 592,764 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
−302023-01-01529,132-199,408-27.37%-0.35
−142023-01-01529,132-199,408-27.37%-0.35
−72023-01-01529,132-199,408-27.37%-0.35
−32023-02-01same print as T0728,5400.0000.00%0.00
−12023-02-01same print as T0728,5400.0000.00%0.00
T02023-02-01same print as T0728,5400.0000.00%0.00
+12023-02-01same print as T0728,5400.0000.00%0.00
+32023-02-01same print as T0728,5400.0000.00%0.00
+72023-02-01same print as T0728,5400.0000.00%0.00
+142023-02-01same print as T0728,5400.0000.00%0.00
+302023-03-01570,867-157,673-21.64%-0.28
+602023-04-01530,203-198,337-27.22%-0.35
+902023-05-01592,764-135,776-18.64%-0.24

One volatility unit for this series is 78.63%, 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-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+900.8080.7442023-01-02: 0.7530 € per litre, used for offsets −302023-01-16: 0.7505 € per litre, used for offsets −142023-01-23: 0.7681 € per litre, used for offsets −7same print as T0 — 2023-01-30, 0.7769 € per litre, used for offsets −3, −1, T02023-02-06: 0.7670 € per litre, used for offsets +1, +3, +72023-02-13: 0.7758 € per litre, used for offsets +142023-03-06: 0.7884 € per litre, used for offsets +302023-04-03: 0.7712 € per litre, used for offsets +602023-05-01: 0.8022 € 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
−302023-01-020.7530-0.024-3.08%-0.01
−142023-01-160.7505-0.026-3.40%-0.01
−72023-01-230.7681-0.009-1.13%-0.00
−32023-01-30same print as T00.77690.0000.00%0.00
−12023-01-30same print as T00.77690.0000.00%0.00
T02023-01-30same print as T00.77690.0000.00%0.00
+12023-02-060.7670-0.010-1.27%-0.00
+32023-02-060.7670-0.010-1.27%-0.00
+72023-02-060.7670-0.010-1.27%-0.00
+142023-02-130.7758-0.001-0.14%-0.00
+302023-03-060.7884+0.011+1.48%+0.00
+602023-04-030.7712-0.006-0.73%-0.00
+902023-05-010.8022+0.025+3.26%+0.01

One volatility unit for this series is 307.50%, the standard deviation of its own week-on-week percentage changes over the three years before the event (149 changes). It is not a significance test.

ECB euro foreign exchange reference rate

Unit: US dollars per euroPublished: dailyCalculatedOfficial
T0−30T0+30+60+901.1081.0442023-01-06: 1.050 US dollars per euro, used for offsets −302023-01-20: 1.083 US dollars per euro, used for offsets −142023-01-27: 1.087 US dollars per euro, used for offsets −72023-02-02: 1.099 US dollars per euro, used for offsets −3same print as T0 — 2023-02-03, 1.094 US dollars per euro, used for offsets −1, T02023-02-06: 1.078 US dollars per euro, used for offsets +12023-02-08: 1.074 US dollars per euro, used for offsets +32023-02-10: 1.069 US dollars per euro, used for offsets +72023-02-17: 1.063 US dollars per euro, used for offsets +142023-03-07: 1.067 US dollars per euro, used for offsets +302023-04-06: 1.092 US dollars per euro, used for offsets +602023-05-05: 1.101 US dollars per euro, used for offsets +90

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

Window table for ECB euro foreign exchange reference rate: value, change from the event date and change in volatility units at each offset.
OffsetPrint usedValueΔ absΔ %Volatility units
−302023-01-061.050-0.044-4.00%-7.81
−142023-01-201.083-0.011-1.01%-1.98
−72023-01-271.087-0.007-0.66%-1.29
−32023-02-021.099+0.005+0.47%+0.91
−12023-02-03same print as T01.0940.0000.00%0.00
T02023-02-03same print as T01.0940.0000.00%0.00
+12023-02-061.078-0.016-1.47%-2.88
+32023-02-081.074-0.020-1.85%-3.61
+72023-02-101.069-0.025-2.26%-4.41
+142023-02-171.063-0.031-2.85%-5.57
+302023-03-071.067-0.027-2.49%-4.86
+602023-04-061.092-0.002-0.20%-0.39
+902023-05-051.101+0.008+0.70%+1.38

One volatility unit for this series is 0.51%, the standard deviation of its own day-on-day percentage changes over the three years before the event (772 changes). It is not a significance test.

direct crude Hormuz exposure D1

Unit: % of imported tonnesPublished: monthlyUnknownUnknown
T0−30T0+30+60+9023.700.002023-01-01: 0 % of imported tonnes, used for offsets −30, −14, −72023-04-01: 0 % of imported tonnes, used for offsets +602023-02-01: 16.79 to 17.50 % of imported tonnes. No point estimate is published, so no midpoint is drawn.2023-03-01: 7.501 to 7.822 % of imported tonnes. No point estimate is published, so no midpoint is drawn.2023-05-01: 0 to 21.16 % of imported tonnes. No point estimate is published, so no midpoint is drawn.

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

Window table for direct crude Hormuz exposure D1: value, change from the event date and change in volatility units at each offset.
OffsetPrint usedValueΔ absΔ %Volatility units
−302023-01-010not publishednot publishednot published
−142023-01-010not publishednot publishednot published
−72023-01-010not publishednot publishednot published
−32023-02-0116.79–17.50not publishednot publishednot published
−12023-02-0116.79–17.50not publishednot publishednot published
T02023-02-0116.79–17.50not publishednot publishednot published
+12023-02-0116.79–17.50not publishednot publishednot published
+32023-02-0116.79–17.50not publishednot publishednot published
+72023-02-0116.79–17.50not publishednot publishednot published
+142023-02-0116.79–17.50not publishednot publishednot published
+302023-03-017.501–7.822not publishednot publishednot published
+602023-04-010not publishednot publishednot published
+902023-05-010–21.16not publishednot publishednot published

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

direct refined-product Hormuz exposure D2

Unit: % of imported tonnesPublished: monthlyCalculatedLow
T0−30T0+30+60+901.0000.0002023-01-01: 0 % of imported tonnes, used for offsets −30, −14, −7same print as T0 — 2023-02-01, 0 % of imported tonnes, used for offsets −3, −1, T0, +1, +3, +7, +142023-03-01: 0 % of imported tonnes, used for offsets +302023-04-01: 0 % of imported tonnes, used for offsets +602023-05-01: 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
−302023-01-0100.000not publishednot published
−142023-01-0100.000not publishednot published
−72023-01-0100.000not publishednot published
−32023-02-01same print as T000.000not publishednot published
−12023-02-01same print as T000.000not publishednot published
T02023-02-01same print as T000.000not publishednot published
+12023-02-01same print as T000.000not publishednot published
+32023-02-01same print as T000.000not publishednot published
+72023-02-01same print as T000.000not publishednot published
+142023-02-01same print as T000.000not publishednot published
+302023-03-0100.000not publishednot published
+602023-04-0100.000not publishednot published
+902023-05-0100.000not 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+9091.7284.282023-01-01: 85.00 days of cover, used for offsets −30, −14, −7same print as T0 — 2023-02-01, 85.00 days of cover, used for offsets −3, −1, T0, +1, +3, +7, +142023-03-01: 90.00 days of cover, used for offsets +302023-04-01: 91.00 days of cover, used for offsets +602023-05-01: 91.00 days of cover, used for offsets +90

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

Window table for inventory exposure D7: published days of emergency stock cover, carried through: value, change from the event date and change in volatility units at each offset.
OffsetPrint usedValueΔ absΔ %Volatility units
−302023-01-0185.000.0000.00%0.00
−142023-01-0185.000.0000.00%0.00
−72023-01-0185.000.0000.00%0.00
−32023-02-01same print as T085.000.0000.00%0.00
−12023-02-01same print as T085.000.0000.00%0.00
T02023-02-01same print as T085.000.0000.00%0.00
+12023-02-01same print as T085.000.0000.00%0.00
+32023-02-01same print as T085.000.0000.00%0.00
+72023-02-01same print as T085.000.0000.00%0.00
+142023-02-01same print as T085.000.0000.00%0.00
+302023-03-0190.00+5.000+5.88%+1.12
+602023-04-0191.00+6.000+7.06%+1.35
+902023-05-0191.00+6.000+7.06%+1.35

One volatility unit for this series is 5.24%, 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+900.5050.4172023-01-02: 0.4598 € per litre, used for offsets −302023-01-16: 0.4913 € per litre, used for offsets −142023-01-23: 0.4969 € per litre, used for offsets −7same print as T0 — 2023-01-30, 0.4720 € per litre, used for offsets −3, −1, T02023-02-06: 0.4881 € per litre, used for offsets +1, +3, +72023-02-13: 0.4951 € per litre, used for offsets +142023-03-06: 0.4922 € per litre, used for offsets +302023-04-03: 0.4959 € per litre, used for offsets +602023-05-01: 0.4258 € 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
−302023-01-020.4598-0.012-2.58%-0.32
−142023-01-160.4913+0.019+4.09%+0.51
−72023-01-230.4969+0.025+5.28%+0.65
−32023-01-30same print as T00.47200.0000.00%0.00
−12023-01-30same print as T00.47200.0000.00%0.00
T02023-01-30same print as T00.47200.0000.00%0.00
+12023-02-060.4881+0.016+3.41%+0.42
+32023-02-060.4881+0.016+3.41%+0.42
+72023-02-060.4881+0.016+3.41%+0.42
+142023-02-130.4951+0.023+4.89%+0.61
+302023-03-060.4922+0.020+4.28%+0.53
+602023-04-030.4959+0.024+5.07%+0.63
+902023-05-010.4258-0.046-9.79%-1.21

One volatility unit for this series is 8.07%, the standard deviation of its own week-on-week percentage changes over the three years before the event (149 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+903,365,9423,045,7732023-01-01: 3,180,673 tonnes, used for offsets −30, −14, −7same print as T0 — 2023-02-01, 3,334,958 tonnes, used for offsets −3, −1, T0, +1, +3, +7, +142023-03-01: 3,334,839 tonnes, used for offsets +302023-04-01: 3,076,757 tonnes, used for offsets +602023-05-01: 3,327,422 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
−302023-01-013,180,673-154,285-4.63%-0.89
−142023-01-013,180,673-154,285-4.63%-0.89
−72023-01-013,180,673-154,285-4.63%-0.89
−32023-02-01same print as T03,334,9580.0000.00%0.00
−12023-02-01same print as T03,334,9580.0000.00%0.00
T02023-02-01same print as T03,334,9580.0000.00%0.00
+12023-02-01same print as T03,334,9580.0000.00%0.00
+32023-02-01same print as T03,334,9580.0000.00%0.00
+72023-02-01same print as T03,334,9580.0000.00%0.00
+142023-02-01same print as T03,334,9580.0000.00%0.00
+302023-03-013,334,839-119.000-0.00%-0.00
+602023-04-013,076,757-258,201-7.74%-1.50
+902023-05-013,327,422-7,536-0.23%-0.04

One volatility unit for this series is 5.17%, 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+900.009-0.0812023-01-02: -0.0727 € per litre, used for offsets −302023-01-16: -0.0078 € per litre, used for offsets −142023-01-23: -0.0070 € per litre, used for offsets −7same print as T0 — 2023-01-30, 0 € per litre, used for offsets −3, −1, T02023-02-06: -0.0109 € per litre, used for offsets +1, +3, +72023-02-13: -0.0272 € per litre, used for offsets +142023-03-06: -0.0265 € per litre, used for offsets +302023-04-03: -0.0210 € per litre, used for offsets +602023-05-01: -0.0478 € 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
−302023-01-02-0.0727-0.073not publishednot published
−142023-01-16-0.0078-0.008not publishednot published
−72023-01-23-0.0070-0.007not publishednot published
−32023-01-30same print as T000.000not publishednot published
−12023-01-30same print as T000.000not publishednot published
T02023-01-30same print as T000.000not publishednot published
+12023-02-06-0.0109-0.011not publishednot published
+32023-02-06-0.0109-0.011not publishednot published
+72023-02-06-0.0109-0.011not publishednot published
+142023-02-13-0.0272-0.027not publishednot published
+302023-03-06-0.0265-0.026not publishednot published
+602023-04-03-0.0210-0.021not publishednot published
+902023-05-01-0.0478-0.048not publishednot published

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

Weekly Oil Bulletin price with taxes

Unit: € per litrePublished: weeklyCalculatedOfficial
T0−30T0+30+60+901.6221.4782023-01-02: 1.492 € per litre, used for offsets −302023-01-16: 1.567 € per litre, used for offsets −142023-01-23: 1.589 € per litre, used for offsets −7same print as T0 — 2023-01-30, 1.608 € per litre, used for offsets −3, −1, T02023-02-06: 1.583 € per litre, used for offsets +1, +3, +72023-02-13: 1.574 € per litre, used for offsets +142023-03-06: 1.590 € per litre, used for offsets +302023-04-03: 1.576 € per litre, used for offsets +602023-05-01: 1.581 € 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
−302023-01-021.492-0.116-7.21%-2.71
−142023-01-161.567-0.041-2.55%-0.96
−72023-01-231.589-0.019-1.18%-0.44
−32023-01-30same print as T01.6080.0000.00%0.00
−12023-01-30same print as T01.6080.0000.00%0.00
T02023-01-30same print as T01.6080.0000.00%0.00
+12023-02-061.583-0.025-1.55%-0.58
+32023-02-061.583-0.025-1.55%-0.58
+72023-02-061.583-0.025-1.55%-0.58
+142023-02-131.574-0.034-2.11%-0.79
+302023-03-061.590-0.018-1.12%-0.42
+602023-04-031.576-0.032-1.99%-0.75
+902023-05-011.581-0.027-1.68%-0.63

One volatility unit for this series is 2.66%, the standard deviation of its own week-on-week percentage changes over the three years before the event (149 changes). It is not a significance test.

Weekly Oil Bulletin price without taxes

Unit: € per litrePublished: weeklyCalculatedOfficial
T0−30T0+30+60+900.7890.6692023-01-02: 0.6802 € per litre, used for offsets −302023-01-16: 0.7427 € per litre, used for offsets −142023-01-23: 0.7611 € per litre, used for offsets −7same print as T0 — 2023-01-30, 0.7769 € per litre, used for offsets −3, −1, T02023-02-06: 0.7561 € per litre, used for offsets +1, +3, +72023-02-13: 0.7486 € per litre, used for offsets +142023-03-06: 0.7619 € per litre, used for offsets +302023-04-03: 0.7502 € per litre, used for offsets +602023-05-01: 0.7544 € 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
−302023-01-020.6802-0.097-12.44%-2.87
−142023-01-160.7427-0.034-4.40%-1.02
−72023-01-230.7611-0.016-2.04%-0.47
−32023-01-30same print as T00.77690.0000.00%0.00
−12023-01-30same print as T00.77690.0000.00%0.00
T02023-01-30same print as T00.77690.0000.00%0.00
+12023-02-060.7561-0.021-2.68%-0.62
+32023-02-060.7561-0.021-2.68%-0.62
+72023-02-060.7561-0.021-2.68%-0.62
+142023-02-130.7486-0.028-3.65%-0.84
+302023-03-060.7619-0.015-1.93%-0.45
+602023-04-030.7502-0.027-3.43%-0.79
+902023-05-010.7544-0.023-2.90%-0.67

One volatility unit for this series is 4.33%, the standard deviation of its own week-on-week percentage changes over the three years before the event (149 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+900.8330.8092023-01-02: 0.8118 € per litre, used for offsets −302023-01-16: 0.8243 € per litre, used for offsets −142023-01-23: 0.8279 € per litre, used for offsets −7same print as T0 — 2023-01-30, 0.8311 € per litre, used for offsets −3, −1, T02023-02-06: 0.8269 € per litre, used for offsets +1, +3, +72023-02-13: 0.8254 € per litre, used for offsets +142023-03-06: 0.8281 € per litre, used for offsets +302023-04-03: 0.8258 € per litre, used for offsets +602023-05-01: 0.8266 € 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
−302023-01-020.8118-0.019-2.33%-1.86
−142023-01-160.8243-0.007-0.82%-0.66
−72023-01-230.8279-0.003-0.38%-0.31
−32023-01-30same print as T00.83110.0000.00%0.00
−12023-01-30same print as T00.83110.0000.00%0.00
T02023-01-30same print as T00.83110.0000.00%0.00
+12023-02-060.8269-0.004-0.50%-0.40
+32023-02-060.8269-0.004-0.50%-0.40
+72023-02-060.8269-0.004-0.50%-0.40
+142023-02-130.8254-0.006-0.68%-0.55
+302023-03-060.8281-0.003-0.36%-0.29
+602023-04-030.8258-0.005-0.64%-0.51
+902023-05-010.8266-0.004-0.54%-0.43

One volatility unit for this series is 1.25%, the standard deviation of its own week-on-week percentage changes over the three years before the event (149 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+9035.3121.572023-01-06: 23.63 $ per barrel, used for offsets −302023-01-20: 27.78 $ per barrel, used for offsets −142023-01-27: 27.70 $ per barrel, used for offsets −72023-02-02: 26.70 $ per barrel, used for offsets −3same print as T0 — 2023-02-03, 24.34 $ per barrel, used for offsets −1, T02023-02-06: 25.32 $ per barrel, used for offsets +12023-02-08: 25.07 $ per barrel, used for offsets +32023-02-10: 25.04 $ per barrel, used for offsets +72023-02-17: 22.90 $ per barrel, used for offsets +142023-03-06: 25.19 $ per barrel, used for offsets +302023-04-06: 33.98 $ per barrel, used for offsets +602023-05-05: 27.39 $ 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.

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
−302023-01-0623.63-0.710-2.92%-0.02
−142023-01-2027.78+3.440+14.13%+0.08
−72023-01-2727.70+3.360+13.80%+0.08
−32023-02-0226.70+2.354+9.67%+0.05
−12023-02-03same print as T024.340.0000.00%0.00
T02023-02-03same print as T024.340.0000.00%0.00
+12023-02-0625.32+0.974+4.00%+0.02
+32023-02-0825.07+0.728+2.99%+0.02
+72023-02-1025.04+0.698+2.87%+0.02
+142023-02-1722.90-1.440-5.92%-0.03
+302023-03-0625.19+0.844+3.47%+0.02
+602023-04-0633.98+9.636+39.58%+0.22
+902023-05-0527.39+3.042+12.50%+0.07

One volatility unit for this series is 182.66%, the standard deviation of its own day-on-day percentage changes over the three years before the event (735 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+9085.086.882023-01-06: 57.61 $ per barrel, used for offsets −302023-01-20: 77.51 $ per barrel, used for offsets −142023-01-27: 73.74 $ per barrel, used for offsets −72023-02-02: 35.06 $ per barrel, used for offsets −3same print as T0 — 2023-02-03, 29.38 $ per barrel, used for offsets −1, T02023-02-06: 32.50 $ per barrel, used for offsets +12023-02-08: 37.04 $ per barrel, used for offsets +32023-02-10: 31.97 $ per barrel, used for offsets +72023-02-17: 24.75 $ per barrel, used for offsets +142023-03-06: 37.16 $ per barrel, used for offsets +302023-04-06: 19.15 $ per barrel, used for offsets +602023-05-05: 14.45 $ 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.

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
−302023-01-0657.61+28.228+96.07%+0.54
−142023-01-2077.51+48.128+163.79%+0.93
−72023-01-2773.74+44.352+150.94%+0.85
−32023-02-0235.06+5.672+19.30%+0.11
−12023-02-03same print as T029.380.0000.00%0.00
T02023-02-03same print as T029.380.0000.00%0.00
+12023-02-0632.50+3.116+10.60%+0.06
+32023-02-0837.04+7.658+26.06%+0.15
+72023-02-1031.97+2.588+8.81%+0.05
+142023-02-1724.75-4.632-15.76%-0.09
+302023-03-0637.16+7.774+26.46%+0.15
+602023-04-0619.15-10.230-34.81%-0.20
+902023-05-0514.45-14.934-50.82%-0.29

One volatility unit for this series is 176.64%, the standard deviation of its own day-on-day percentage changes over the three years before the event (735 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 2023-01Updated 2026-09-25 14:09 UTCConfidenceUnknownMethodologyDownload CSV

T0 is 2023-02-05. 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 Russian refined petroleum products (in force 5 February 2023) 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 Russian refined petroleum products (in force 5 February 2023), each with its status and one published figure.
DimensionStatusPublished figure, or why there is none
Direct crude exposure (D1)Share of imported crude whose route requires the Strait of Hormuz.Range only
7.501–7.822 % of imported tonnes at +30 d (2023-03) · no midpoint
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 2023-03-01)
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
90.00 days of cover at +30 d (published 2023-03-01)+5.88% from the level at T0 = +1.12 volatility units
Crude benchmarkThe quoted crude price European cargoes are priced against.Observed
85.86 $ per barrel at +30 d (published 2023-03-06)+8.89% from the level at T0 = +1.96 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
3,334,839 tonnes at +30 d (published 2023-03-01)-0.00% from the level at T0 = -0.00 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
0.7619 € per litre at +30 d (published 2023-03-06)-1.93% from the level at T0 = -0.45 volatility units
Pump price with taxWhat a driver actually paid.Observed
1.590 € per litre at +30 d (published 2023-03-06)-1.12% from the level at T0 = -0.42 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, 2023-01-29 to 2023-03-07 →

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: Austria, 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.

The crude-only comparison could not be read.

API 404 for /api/events/eu-russia-products-embargo-2023/crude-only: No stored crude-only run for 'eu-russia-products-embargo-2023' and country 'austria'. Runs are stored for the pilot countries; available_countries lists them.

What the numbers support, sentence by sentence

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

  1. In the 7 days after EU import ban on Russian refined petroleum products (in force 5 February 2023), Austria's pre-tax petrol price moved -2.7%, which is 0.6 times its normal week-to-week variation over the previous three years — within that range.

    about AustriaCalculatedOfficial
    Why this sentence
    Variables
    t0
    2023-02-05T00:00:00+00:00
    fuel
    petrol
    unit
    EUR/L
    event
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    value
    0.7560800000000001
    status
    OBSERVED
    country
    Austria
    z_score
    0.015845458578990453
    t0_value
    0.77691
    fuel_type
    EURO_SUPER_95
    change_pct
    -2.6811342369128863
    event_name
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    event_slug
    eu-russia-products-embargo-2023
    event_type
    EMBARGO
    offset_days
    7
    series_code
    RETAIL_PRETAX_AT_EURO_SUPER_95
    series_kind
    pre-tax
    country_iso2
    AT
    country_name
    Austria
    country_slug
    austria
    variation_label
    week-to-week
    observation_date
    2023-02-06
    same_observation
    false
    volatility_units
    -0.6194352618455199
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.020829999999999904
    change_pct_from_t0
    -2.6811342369128863
    observation_gap_days
    6
    normal_volatility_pct
    4.328352617390275
    change_in_volatility_units
    -0.6194352618455199
    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
    2023-02-05T00:00:00+00:00
    fuel
    petrol
    unit
    EUR/L
    event
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    value
    0.7560800000000001
    status
    OBSERVED
    country
    Austria
    z_score
    0.015845458578990453
    t0_value
    0.77691
    fuel_type
    EURO_SUPER_95
    change_pct
    -2.6811342369128863
    event_name
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    event_slug
    eu-russia-products-embargo-2023
    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_AT_EURO_SUPER_95
    series_kind
    pre-tax
    country_iso2
    AT
    country_name
    Austria
    country_slug
    austria
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2023-02-06
    same_observation
    false
    volatility_units
    -0.6194352618455199
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.020829999999999904
    change_pct_from_t0
    -2.6811342369128863
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    6
    normal_volatility_pct
    4.328352617390275
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    -0.6194352618455199

    Template event.price_move.within_normal v1.1 · Fingerprint 0595ab3ac6d49cf3c13fdf6717211961b4d4313dca553390733a12b199370217 · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  2. In the 30 days after EU import ban on Russian refined petroleum products (in force 5 February 2023), Austria's pre-tax petrol price moved -1.9%, which is 0.4 times its normal week-to-week variation over the previous three years — within that range.

    about AustriaCalculatedOfficial
    Why this sentence
    Variables
    t0
    2023-02-05T00:00:00+00:00
    fuel
    petrol
    unit
    EUR/L
    event
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    value
    0.76191
    status
    OBSERVED
    country
    Austria
    z_score
    0.0801961715541892
    t0_value
    0.77691
    fuel_type
    EURO_SUPER_95
    change_pct
    -1.9307255666679555
    event_name
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    event_slug
    eu-russia-products-embargo-2023
    event_type
    EMBARGO
    offset_days
    30
    series_code
    RETAIL_PRETAX_AT_EURO_SUPER_95
    series_kind
    pre-tax
    country_iso2
    AT
    country_name
    Austria
    country_slug
    austria
    variation_label
    week-to-week
    observation_date
    2023-03-06
    same_observation
    false
    volatility_units
    -0.4460647588901992
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.015000000000000013
    change_pct_from_t0
    -1.9307255666679555
    observation_gap_days
    1
    normal_volatility_pct
    4.328352617390275
    change_in_volatility_units
    -0.4460647588901992
    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
    2023-02-05T00:00:00+00:00
    fuel
    petrol
    unit
    EUR/L
    event
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    value
    0.76191
    status
    OBSERVED
    country
    Austria
    z_score
    0.0801961715541892
    t0_value
    0.77691
    fuel_type
    EURO_SUPER_95
    change_pct
    -1.9307255666679555
    event_name
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    event_slug
    eu-russia-products-embargo-2023
    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_AT_EURO_SUPER_95
    series_kind
    pre-tax
    country_iso2
    AT
    country_name
    Austria
    country_slug
    austria
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2023-03-06
    same_observation
    false
    volatility_units
    -0.4460647588901992
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.015000000000000013
    change_pct_from_t0
    -1.9307255666679555
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    1
    normal_volatility_pct
    4.328352617390275
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    -0.4460647588901992

    Template event.price_move.within_normal v1.1 · Fingerprint 4d4f9c5cfd5e36eef930c81a9ac95cd40d126cf4b290d3b3488ae03aa25f7110 · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  3. In the 90 days after EU import ban on Russian refined petroleum products (in force 5 February 2023), Austria's pre-tax petrol price moved -2.9%, which is 0.7 times its normal week-to-week variation over the previous three years — within that range.

    about AustriaCalculatedOfficial
    Why this sentence
    Variables
    t0
    2023-02-05T00:00:00+00:00
    fuel
    petrol
    unit
    EUR/L
    event
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    value
    0.75441
    status
    OBSERVED
    country
    Austria
    z_score
    -0.0025877645202527395
    t0_value
    0.77691
    fuel_type
    EURO_SUPER_95
    change_pct
    -2.8960883500019263
    event_name
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    event_slug
    eu-russia-products-embargo-2023
    event_type
    EMBARGO
    offset_days
    90
    series_code
    RETAIL_PRETAX_AT_EURO_SUPER_95
    series_kind
    pre-tax
    country_iso2
    AT
    country_name
    Austria
    country_slug
    austria
    variation_label
    week-to-week
    observation_date
    2023-05-01
    same_observation
    false
    volatility_units
    -0.6690971383352972
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.022499999999999964
    change_pct_from_t0
    -2.8960883500019263
    observation_gap_days
    5
    normal_volatility_pct
    4.328352617390275
    change_in_volatility_units
    -0.6690971383352972
    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
    2023-02-05T00:00:00+00:00
    fuel
    petrol
    unit
    EUR/L
    event
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    value
    0.75441
    status
    OBSERVED
    country
    Austria
    z_score
    -0.0025877645202527395
    t0_value
    0.77691
    fuel_type
    EURO_SUPER_95
    change_pct
    -2.8960883500019263
    event_name
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    event_slug
    eu-russia-products-embargo-2023
    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_AT_EURO_SUPER_95
    series_kind
    pre-tax
    country_iso2
    AT
    country_name
    Austria
    country_slug
    austria
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2023-05-01
    same_observation
    false
    volatility_units
    -0.6690971383352972
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.022499999999999964
    change_pct_from_t0
    -2.8960883500019263
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    5
    normal_volatility_pct
    4.328352617390275
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    -0.6690971383352972

    Template event.price_move.within_normal v1.1 · Fingerprint 991e17f5fd3f491e1c12e68561bd2ab25a3fbbd766384d9cea55e408399dae70 · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  4. In the 7 days after EU import ban on Russian refined petroleum products (in force 5 February 2023), Austria's tax-inclusive petrol price moved -1.6%, which is 0.6 times its normal week-to-week variation over the previous three years — within that range.

    about AustriaCalculatedOfficial
    Why this sentence
    Variables
    t0
    2023-02-05T00:00:00+00:00
    fuel
    petrol
    unit
    EUR/L
    event
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    value
    1.583
    status
    OBSERVED
    country
    Austria
    z_score
    0.07199117694940922
    t0_value
    1.608
    fuel_type
    EURO_SUPER_95
    change_pct
    -1.5547263681592123
    event_name
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    event_slug
    eu-russia-products-embargo-2023
    event_type
    EMBARGO
    offset_days
    7
    series_code
    RETAIL_INCLTAX_AT_EURO_SUPER_95
    series_kind
    tax-inclusive
    country_iso2
    AT
    country_name
    Austria
    country_slug
    austria
    variation_label
    week-to-week
    observation_date
    2023-02-06
    same_observation
    false
    volatility_units
    -0.5843892203245539
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.025000000000000133
    change_pct_from_t0
    -1.5547263681592123
    observation_gap_days
    6
    normal_volatility_pct
    2.6604295802988283
    change_in_volatility_units
    -0.5843892203245539
    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
    2023-02-05T00:00:00+00:00
    fuel
    petrol
    unit
    EUR/L
    event
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    value
    1.583
    status
    OBSERVED
    country
    Austria
    z_score
    0.07199117694940922
    t0_value
    1.608
    fuel_type
    EURO_SUPER_95
    change_pct
    -1.5547263681592123
    event_name
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    event_slug
    eu-russia-products-embargo-2023
    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_AT_EURO_SUPER_95
    series_kind
    tax-inclusive
    country_iso2
    AT
    country_name
    Austria
    country_slug
    austria
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2023-02-06
    same_observation
    false
    volatility_units
    -0.5843892203245539
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.025000000000000133
    change_pct_from_t0
    -1.5547263681592123
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    6
    normal_volatility_pct
    2.6604295802988283
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    -0.5843892203245539

    Template event.price_move.within_normal v1.1 · Fingerprint e2074b743cd947bfffccaf764cc5a3d6df88dbade7c4ca920bb0a6f44ec4bad4 · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  5. In the 30 days after EU import ban on Russian refined petroleum products (in force 5 February 2023), Austria's tax-inclusive petrol price moved -1.1%, which is 0.4 times its normal week-to-week variation over the previous three years — within that range.

    about AustriaCalculatedOfficial
    Why this sentence
    Variables
    t0
    2023-02-05T00:00:00+00:00
    fuel
    petrol
    unit
    EUR/L
    event
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    value
    1.59
    status
    OBSERVED
    country
    Austria
    z_score
    0.13678323620387772
    t0_value
    1.608
    fuel_type
    EURO_SUPER_95
    change_pct
    -1.1194029850746279
    event_name
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    event_slug
    eu-russia-products-embargo-2023
    event_type
    EMBARGO
    offset_days
    30
    series_code
    RETAIL_INCLTAX_AT_EURO_SUPER_95
    series_kind
    tax-inclusive
    country_iso2
    AT
    country_name
    Austria
    country_slug
    austria
    variation_label
    week-to-week
    observation_date
    2023-03-06
    same_observation
    false
    volatility_units
    -0.4207602386336769
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.018000000000000016
    change_pct_from_t0
    -1.1194029850746279
    observation_gap_days
    1
    normal_volatility_pct
    2.6604295802988283
    change_in_volatility_units
    -0.4207602386336769
    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
    2023-02-05T00:00:00+00:00
    fuel
    petrol
    unit
    EUR/L
    event
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    value
    1.59
    status
    OBSERVED
    country
    Austria
    z_score
    0.13678323620387772
    t0_value
    1.608
    fuel_type
    EURO_SUPER_95
    change_pct
    -1.1194029850746279
    event_name
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    event_slug
    eu-russia-products-embargo-2023
    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_AT_EURO_SUPER_95
    series_kind
    tax-inclusive
    country_iso2
    AT
    country_name
    Austria
    country_slug
    austria
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2023-03-06
    same_observation
    false
    volatility_units
    -0.4207602386336769
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.018000000000000016
    change_pct_from_t0
    -1.1194029850746279
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    1
    normal_volatility_pct
    2.6604295802988283
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    -0.4207602386336769

    Template event.price_move.within_normal v1.1 · Fingerprint 117c5788cbfb3ef612ed2ccef9c12891dd4e0768d7967dea13a3387e9d2c6363 · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  6. In the 90 days after EU import ban on Russian refined petroleum products (in force 5 February 2023), Austria's tax-inclusive petrol price moved -1.7%, which is 0.6 times its normal week-to-week variation over the previous three years — within that range.

    about AustriaCalculatedOfficial
    Why this sentence
    Variables
    t0
    2023-02-05T00:00:00+00:00
    fuel
    petrol
    unit
    EUR/L
    event
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    value
    1.581
    status
    OBSERVED
    country
    Austria
    z_score
    0.05347916001956137
    t0_value
    1.608
    fuel_type
    EURO_SUPER_95
    change_pct
    -1.6791044776119486
    event_name
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    event_slug
    eu-russia-products-embargo-2023
    event_type
    EMBARGO
    offset_days
    90
    series_code
    RETAIL_INCLTAX_AT_EURO_SUPER_95
    series_kind
    tax-inclusive
    country_iso2
    AT
    country_name
    Austria
    country_slug
    austria
    variation_label
    week-to-week
    observation_date
    2023-05-01
    same_observation
    false
    volatility_units
    -0.6311403579505179
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.027000000000000135
    change_pct_from_t0
    -1.6791044776119486
    observation_gap_days
    5
    normal_volatility_pct
    2.6604295802988283
    change_in_volatility_units
    -0.6311403579505179
    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
    2023-02-05T00:00:00+00:00
    fuel
    petrol
    unit
    EUR/L
    event
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    value
    1.581
    status
    OBSERVED
    country
    Austria
    z_score
    0.05347916001956137
    t0_value
    1.608
    fuel_type
    EURO_SUPER_95
    change_pct
    -1.6791044776119486
    event_name
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    event_slug
    eu-russia-products-embargo-2023
    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_AT_EURO_SUPER_95
    series_kind
    tax-inclusive
    country_iso2
    AT
    country_name
    Austria
    country_slug
    austria
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2023-05-01
    same_observation
    false
    volatility_units
    -0.6311403579505179
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.027000000000000135
    change_pct_from_t0
    -1.6791044776119486
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    5
    normal_volatility_pct
    2.6604295802988283
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    -0.6311403579505179

    Template event.price_move.within_normal v1.1 · Fingerprint 8f9b3a54b09baee995b73abd5c70aa0676f6bdee3c47744fc202c9568ee4703a · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  7. In the 7 days after EU import ban on Russian refined petroleum products (in force 5 February 2023), Austria's pre-tax diesel price moved -4.8%, which is 1.2 times its normal week-to-week variation over the previous three years — within that range.

    about AustriaCalculatedOfficial
    Why this sentence
    Variables
    t0
    2023-02-05T00:00:00+00:00
    fuel
    diesel
    unit
    EUR/L
    event
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    value
    0.94857
    status
    OBSERVED
    country
    Austria
    z_score
    -0.49921127680774047
    t0_value
    0.9960700000000001
    fuel_type
    DIESEL
    change_pct
    -4.7687411527302395
    event_name
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    event_slug
    eu-russia-products-embargo-2023
    event_type
    EMBARGO
    offset_days
    7
    series_code
    RETAIL_PRETAX_AT_DIESEL
    series_kind
    pre-tax
    country_iso2
    AT
    country_name
    Austria
    country_slug
    austria
    variation_label
    week-to-week
    observation_date
    2023-02-06
    same_observation
    false
    volatility_units
    -1.2461891053696572
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.0475000000000001
    change_pct_from_t0
    -4.7687411527302395
    observation_gap_days
    6
    normal_volatility_pct
    3.826659318543543
    change_in_volatility_units
    -1.2461891053696572
    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
    2023-02-05T00:00:00+00:00
    fuel
    diesel
    unit
    EUR/L
    event
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    value
    0.94857
    status
    OBSERVED
    country
    Austria
    z_score
    -0.49921127680774047
    t0_value
    0.9960700000000001
    fuel_type
    DIESEL
    change_pct
    -4.7687411527302395
    event_name
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    event_slug
    eu-russia-products-embargo-2023
    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_AT_DIESEL
    series_kind
    pre-tax
    country_iso2
    AT
    country_name
    Austria
    country_slug
    austria
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2023-02-06
    same_observation
    false
    volatility_units
    -1.2461891053696572
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.0475000000000001
    change_pct_from_t0
    -4.7687411527302395
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    6
    normal_volatility_pct
    3.826659318543543
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    -1.2461891053696572

    Template event.price_move.within_normal v1.1 · Fingerprint f57cf994a217a2de1494bed9cdc9c4651f7c0723d02bf17341c397d1acf9f496 · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  8. In the 30 days after EU import ban on Russian refined petroleum products (in force 5 February 2023), Austria's pre-tax diesel price moved -9.6%, which is 2.5 times its normal week-to-week variation over the previous three years — outside that range.

    about AustriaCalculatedOfficial
    Why this sentence
    Variables
    t0
    2023-02-05T00:00:00+00:00
    fuel
    diesel
    unit
    EUR/L
    event
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    value
    0.90024
    status
    OBSERVED
    country
    Austria
    z_score
    -0.9408618667948506
    t0_value
    0.9960700000000001
    fuel_type
    DIESEL
    change_pct
    -9.620809782445017
    event_name
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    event_slug
    eu-russia-products-embargo-2023
    event_type
    EMBARGO
    offset_days
    30
    series_code
    RETAIL_PRETAX_AT_DIESEL
    series_kind
    pre-tax
    country_iso2
    AT
    country_name
    Austria
    country_slug
    austria
    variation_label
    week-to-week
    observation_date
    2023-03-06
    same_observation
    false
    volatility_units
    -2.5141537256331388
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.09583000000000008
    change_pct_from_t0
    -9.620809782445017
    observation_gap_days
    1
    normal_volatility_pct
    3.826659318543543
    change_in_volatility_units
    -2.5141537256331388
    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
    2023-02-05T00:00:00+00:00
    fuel
    diesel
    unit
    EUR/L
    event
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    value
    0.90024
    status
    OBSERVED
    country
    Austria
    z_score
    -0.9408618667948506
    t0_value
    0.9960700000000001
    fuel_type
    DIESEL
    change_pct
    -9.620809782445017
    event_name
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    event_slug
    eu-russia-products-embargo-2023
    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_AT_DIESEL
    series_kind
    pre-tax
    country_iso2
    AT
    country_name
    Austria
    country_slug
    austria
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2023-03-06
    same_observation
    false
    volatility_units
    -2.5141537256331388
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.09583000000000008
    change_pct_from_t0
    -9.620809782445017
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    1
    normal_volatility_pct
    3.826659318543543
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    -2.5141537256331388

    Template event.price_move.outside_normal v1.1 · Fingerprint cccd4d655cc1aa7f3dfaf2033838137eb778e32c29cb57e454e6ecca2fd4ab3b · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  9. In the 90 days after EU import ban on Russian refined petroleum products (in force 5 February 2023), Austria's pre-tax diesel price moved -20.5%, which is 5.4 times its normal week-to-week variation over the previous three years — outside that range.

    about AustriaCalculatedOfficial
    Why this sentence
    Variables
    t0
    2023-02-05T00:00:00+00:00
    fuel
    diesel
    unit
    EUR/L
    event
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    value
    0.7919
    status
    OBSERVED
    country
    Austria
    z_score
    -1.9308975572397817
    t0_value
    0.9960700000000001
    fuel_type
    DIESEL
    change_pct
    -20.49755539269329
    event_name
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    event_slug
    eu-russia-products-embargo-2023
    event_type
    EMBARGO
    offset_days
    90
    series_code
    RETAIL_PRETAX_AT_DIESEL
    series_kind
    pre-tax
    country_iso2
    AT
    country_name
    Austria
    country_slug
    austria
    variation_label
    week-to-week
    observation_date
    2023-05-01
    same_observation
    false
    volatility_units
    -5.356514308280472
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.20417000000000007
    change_pct_from_t0
    -20.49755539269329
    observation_gap_days
    5
    normal_volatility_pct
    3.826659318543543
    change_in_volatility_units
    -5.356514308280472
    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
    2023-02-05T00:00:00+00:00
    fuel
    diesel
    unit
    EUR/L
    event
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    value
    0.7919
    status
    OBSERVED
    country
    Austria
    z_score
    -1.9308975572397817
    t0_value
    0.9960700000000001
    fuel_type
    DIESEL
    change_pct
    -20.49755539269329
    event_name
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    event_slug
    eu-russia-products-embargo-2023
    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_AT_DIESEL
    series_kind
    pre-tax
    country_iso2
    AT
    country_name
    Austria
    country_slug
    austria
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2023-05-01
    same_observation
    false
    volatility_units
    -5.356514308280472
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.20417000000000007
    change_pct_from_t0
    -20.49755539269329
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    5
    normal_volatility_pct
    3.826659318543543
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    -5.356514308280472

    Template event.price_move.outside_normal v1.1 · Fingerprint 828345464543dca6310618cd83050bafaf0bab0458de4210756ec9e89e716b7d · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  10. In the 7 days after EU import ban on Russian refined petroleum products (in force 5 February 2023), Austria's tax-inclusive diesel price moved -3.2%, which is 1.2 times its normal week-to-week variation over the previous three years — within that range.

    about AustriaCalculatedOfficial
    Why this sentence
    Variables
    t0
    2023-02-05T00:00:00+00:00
    fuel
    diesel
    unit
    EUR/L
    event
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    value
    1.722
    status
    OBSERVED
    country
    Austria
    z_score
    -0.45089379181400224
    t0_value
    1.7790000000000001
    fuel_type
    DIESEL
    change_pct
    -3.2040472175379513
    event_name
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    event_slug
    eu-russia-products-embargo-2023
    event_type
    EMBARGO
    offset_days
    7
    series_code
    RETAIL_INCLTAX_AT_DIESEL
    series_kind
    tax-inclusive
    country_iso2
    AT
    country_name
    Austria
    country_slug
    austria
    variation_label
    week-to-week
    observation_date
    2023-02-06
    same_observation
    false
    volatility_units
    -1.2191092107682882
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.05700000000000016
    change_pct_from_t0
    -3.2040472175379513
    observation_gap_days
    6
    normal_volatility_pct
    2.628187195402081
    change_in_volatility_units
    -1.2191092107682882
    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
    2023-02-05T00:00:00+00:00
    fuel
    diesel
    unit
    EUR/L
    event
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    value
    1.722
    status
    OBSERVED
    country
    Austria
    z_score
    -0.45089379181400224
    t0_value
    1.7790000000000001
    fuel_type
    DIESEL
    change_pct
    -3.2040472175379513
    event_name
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    event_slug
    eu-russia-products-embargo-2023
    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_AT_DIESEL
    series_kind
    tax-inclusive
    country_iso2
    AT
    country_name
    Austria
    country_slug
    austria
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2023-02-06
    same_observation
    false
    volatility_units
    -1.2191092107682882
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.05700000000000016
    change_pct_from_t0
    -3.2040472175379513
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    6
    normal_volatility_pct
    2.628187195402081
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    -1.2191092107682882

    Template event.price_move.within_normal v1.1 · Fingerprint 8e162d815ce8930a34d2f066d09a3127be9ae2804f4408bd9ccb50ebb21b4e42 · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  11. In the 30 days after EU import ban on Russian refined petroleum products (in force 5 February 2023), Austria's tax-inclusive diesel price moved -6.5%, which is 2.5 times its normal week-to-week variation over the previous three years — outside that range.

    about AustriaCalculatedOfficial
    Why this sentence
    Variables
    t0
    2023-02-05T00:00:00+00:00
    fuel
    diesel
    unit
    EUR/L
    event
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    value
    1.6640000000000001
    status
    OBSERVED
    country
    Austria
    z_score
    -0.8949816396006195
    t0_value
    1.7790000000000001
    fuel_type
    DIESEL
    change_pct
    -6.464305789769533
    event_name
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    event_slug
    eu-russia-products-embargo-2023
    event_type
    EMBARGO
    offset_days
    30
    series_code
    RETAIL_INCLTAX_AT_DIESEL
    series_kind
    tax-inclusive
    country_iso2
    AT
    country_name
    Austria
    country_slug
    austria
    variation_label
    week-to-week
    observation_date
    2023-03-06
    same_observation
    false
    volatility_units
    -2.459606302427241
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.11499999999999999
    change_pct_from_t0
    -6.464305789769533
    observation_gap_days
    1
    normal_volatility_pct
    2.628187195402081
    change_in_volatility_units
    -2.459606302427241
    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
    2023-02-05T00:00:00+00:00
    fuel
    diesel
    unit
    EUR/L
    event
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    value
    1.6640000000000001
    status
    OBSERVED
    country
    Austria
    z_score
    -0.8949816396006195
    t0_value
    1.7790000000000001
    fuel_type
    DIESEL
    change_pct
    -6.464305789769533
    event_name
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    event_slug
    eu-russia-products-embargo-2023
    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_AT_DIESEL
    series_kind
    tax-inclusive
    country_iso2
    AT
    country_name
    Austria
    country_slug
    austria
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2023-03-06
    same_observation
    false
    volatility_units
    -2.459606302427241
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.11499999999999999
    change_pct_from_t0
    -6.464305789769533
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    1
    normal_volatility_pct
    2.628187195402081
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    -2.459606302427241

    Template event.price_move.outside_normal v1.1 · Fingerprint 86f3c499ae808d2b624ce5f3d4522f22716b1662af8d9b539c565645f3b16f98 · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  12. In the 90 days after EU import ban on Russian refined petroleum products (in force 5 February 2023), Austria's tax-inclusive diesel price moved -13.8%, which is 5.2 times its normal week-to-week variation over the previous three years — outside that range.

    about AustriaCalculatedOfficial
    Why this sentence
    Variables
    t0
    2023-02-05T00:00:00+00:00
    fuel
    diesel
    unit
    EUR/L
    event
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    value
    1.534
    status
    OBSERVED
    country
    Austria
    z_score
    -1.8903509536051104
    t0_value
    1.7790000000000001
    fuel_type
    DIESEL
    change_pct
    -13.771781899943793
    event_name
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    event_slug
    eu-russia-products-embargo-2023
    event_type
    EMBARGO
    offset_days
    90
    series_code
    RETAIL_INCLTAX_AT_DIESEL
    series_kind
    tax-inclusive
    country_iso2
    AT
    country_name
    Austria
    country_slug
    austria
    variation_label
    week-to-week
    observation_date
    2023-05-01
    same_observation
    false
    volatility_units
    -5.240030818214559
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.2450000000000001
    change_pct_from_t0
    -13.771781899943793
    observation_gap_days
    5
    normal_volatility_pct
    2.628187195402081
    change_in_volatility_units
    -5.240030818214559
    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
    2023-02-05T00:00:00+00:00
    fuel
    diesel
    unit
    EUR/L
    event
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    value
    1.534
    status
    OBSERVED
    country
    Austria
    z_score
    -1.8903509536051104
    t0_value
    1.7790000000000001
    fuel_type
    DIESEL
    change_pct
    -13.771781899943793
    event_name
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    event_slug
    eu-russia-products-embargo-2023
    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_AT_DIESEL
    series_kind
    tax-inclusive
    country_iso2
    AT
    country_name
    Austria
    country_slug
    austria
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2023-05-01
    same_observation
    false
    volatility_units
    -5.240030818214559
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.2450000000000001
    change_pct_from_t0
    -13.771781899943793
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    5
    normal_volatility_pct
    2.628187195402081
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    -5.240030818214559

    Template event.price_move.outside_normal v1.1 · Fingerprint 7cec92d7d508cd1b4b1b8db41785a55be16756df0908e0c37925f1c70cafbfd7 · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  13. Over the 4 weeks after EU import ban on Russian refined petroleum products (in force 5 February 2023), crude costs alone would have moved Austria's pre-tax petrol price by +0.5 c/L (range -0.7–+1.6); it actually moved -2.2 c/L, leaving -2.7 c/L not explained by crude.

    about AustriaCalculatedMedium
    Why this sentence
    Variables
    t0
    2023-02-05T00:00:00+00:00
    fuel
    petrol
    event
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    weeks
    4
    status
    COMPUTED
    country
    Austria
    fuel_type
    EURO_SUPER_95
    gap_label
    NOT_EXPLAINED_BY_CRUDE
    event_name
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    event_slug
    eu-russia-products-embargo-2023
    event_type
    EMBARGO
    series_code
    CRUDE_ONLY_EXPECTED_AT_EURO_SUPER_95
    country_iso2
    AT
    country_name
    Austria
    country_slug
    austria
    offset_weeks
    4
    proxy_product
    GASOLINE
    proxy_to_date
    2023-02-27
    pass_through_k
    2
    proxy_from_date
    2023-01-30
    observation_date
    2023-02-27
    gap_eur_per_litre
    -0.02706363964547302
    series_source_ids
    ["ec_weekly_oil_bulletin","eia_brent_rbrte"]
    anchor_period_start
    2023-01-30
    actual_eur_per_litre
    -0.022499999999999964
    expected_eur_per_litre
    0.004563639645473055
    proxy_volatility_units
    -0.06928868336620317
    pass_through_sample_end
    2026-09-14
    proxy_change_usd_per_bbl
    -3.1020000000000003
    pass_through_sample_start
    2005-01-03
    pass_through_window_label
    FULL_SAMPLE
    expected_low_eur_per_litre
    -0.006629677320594348
    expected_high_eur_per_litre
    0.01575695661154034
    proxy_normal_volatility_pct
    182.6569381415496
    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
    2023-02-05T00:00:00+00:00
    fuel
    petrol
    event
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    weeks
    4
    status
    COMPUTED
    country
    Austria
    fuel_type
    EURO_SUPER_95
    gap_label
    NOT_EXPLAINED_BY_CRUDE
    event_name
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    event_slug
    eu-russia-products-embargo-2023
    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_AT_EURO_SUPER_95
    country_iso2
    AT
    country_name
    Austria
    country_slug
    austria
    offset_weeks
    4
    proxy_product
    GASOLINE
    proxy_to_date
    2023-02-27
    pass_through_k
    2
    proxy_from_date
    2023-01-30
    statement_topic
    event
    observation_date
    2023-02-27
    gap_eur_per_litre
    -0.02706363964547302
    series_source_ids
    ["ec_weekly_oil_bulletin","eia_brent_rbrte"]
    anchor_period_start
    2023-01-30
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    actual_eur_per_litre
    -0.022499999999999964
    expected_eur_per_litre
    0.004563639645473055
    proxy_volatility_units
    -0.06928868336620317
    pass_through_sample_end
    2026-09-14
    proxy_change_usd_per_bbl
    -3.1020000000000003
    pass_through_sample_start
    2005-01-03
    pass_through_window_label
    FULL_SAMPLE
    study_calculation_version
    event_study-1.0
    expected_low_eur_per_litre
    -0.006629677320594348
    expected_high_eur_per_litre
    0.01575695661154034
    proxy_normal_volatility_pct
    182.6569381415496

    Template event.crude_only.computed v1.1 · Fingerprint fa91e0691bee83a653f9f8fe3695b5f817622ffd56bd65bdddb138f10d99a2ce · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  14. Over the 13 weeks after EU import ban on Russian refined petroleum products (in force 5 February 2023), crude costs alone would have moved Austria's pre-tax petrol price by +2.5 c/L (range -3.0–+8.0); it actually moved -2.2 c/L, leaving -4.8 c/L not explained by crude.

    about AustriaCalculatedMedium
    Why this sentence
    Variables
    t0
    2023-02-05T00:00:00+00:00
    fuel
    petrol
    event
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    weeks
    13
    status
    COMPUTED
    country
    Austria
    fuel_type
    EURO_SUPER_95
    gap_label
    NOT_EXPLAINED_BY_CRUDE
    event_name
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    event_slug
    eu-russia-products-embargo-2023
    event_type
    EMBARGO
    series_code
    CRUDE_ONLY_EXPECTED_AT_EURO_SUPER_95
    country_iso2
    AT
    country_name
    Austria
    country_slug
    austria
    offset_weeks
    13
    proxy_product
    GASOLINE
    proxy_to_date
    2023-04-28
    pass_through_k
    2
    proxy_from_date
    2023-01-30
    observation_date
    2023-05-01
    gap_eur_per_litre
    -0.04778855147439838
    series_source_ids
    ["ec_weekly_oil_bulletin","eia_brent_rbrte"]
    anchor_period_start
    2023-01-30
    actual_eur_per_litre
    -0.022499999999999964
    expected_eur_per_litre
    0.025288551474398412
    proxy_volatility_units
    0.11373887030970548
    pass_through_sample_end
    2026-09-14
    proxy_change_usd_per_bbl
    5.091999999999999
    pass_through_sample_start
    2005-01-03
    pass_through_window_label
    FULL_SAMPLE
    expected_low_eur_per_litre
    -0.029815644364695595
    expected_high_eur_per_litre
    0.08039274731349373
    proxy_normal_volatility_pct
    182.6569381415496
    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
    2023-02-05T00:00:00+00:00
    fuel
    petrol
    event
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    weeks
    13
    status
    COMPUTED
    country
    Austria
    fuel_type
    EURO_SUPER_95
    gap_label
    NOT_EXPLAINED_BY_CRUDE
    event_name
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    event_slug
    eu-russia-products-embargo-2023
    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_AT_EURO_SUPER_95
    country_iso2
    AT
    country_name
    Austria
    country_slug
    austria
    offset_weeks
    13
    proxy_product
    GASOLINE
    proxy_to_date
    2023-04-28
    pass_through_k
    2
    proxy_from_date
    2023-01-30
    statement_topic
    event
    observation_date
    2023-05-01
    gap_eur_per_litre
    -0.04778855147439838
    series_source_ids
    ["ec_weekly_oil_bulletin","eia_brent_rbrte"]
    anchor_period_start
    2023-01-30
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    actual_eur_per_litre
    -0.022499999999999964
    expected_eur_per_litre
    0.025288551474398412
    proxy_volatility_units
    0.11373887030970548
    pass_through_sample_end
    2026-09-14
    proxy_change_usd_per_bbl
    5.091999999999999
    pass_through_sample_start
    2005-01-03
    pass_through_window_label
    FULL_SAMPLE
    study_calculation_version
    event_study-1.0
    expected_low_eur_per_litre
    -0.029815644364695595
    expected_high_eur_per_litre
    0.08039274731349373
    proxy_normal_volatility_pct
    182.6569381415496

    Template event.crude_only.computed v1.1 · Fingerprint 7c7ace87de3185288af314e73773f77c3b2a25cabbb0c4120fad8554f00d26ed · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  15. Over the 4 weeks after EU import ban on Russian refined petroleum products (in force 5 February 2023), crude costs alone would have moved Austria's pre-tax diesel price by +1.6 c/L (range +0.3–+3.0); it actually moved -11.2 c/L, leaving -12.8 c/L not explained by crude.

    about AustriaCalculatedMedium
    Why this sentence
    Variables
    t0
    2023-02-05T00:00:00+00:00
    fuel
    diesel
    event
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    weeks
    4
    status
    COMPUTED
    country
    Austria
    fuel_type
    DIESEL
    gap_label
    NOT_EXPLAINED_BY_CRUDE
    event_name
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    event_slug
    eu-russia-products-embargo-2023
    event_type
    EMBARGO
    series_code
    CRUDE_ONLY_EXPECTED_AT_DIESEL
    country_iso2
    AT
    country_name
    Austria
    country_slug
    austria
    offset_weeks
    4
    proxy_product
    DIESEL
    proxy_to_date
    2023-02-27
    pass_through_k
    2
    proxy_from_date
    2023-01-30
    observation_date
    2023-02-27
    gap_eur_per_litre
    -0.12815155292433178
    series_source_ids
    ["ec_weekly_oil_bulletin","eia_brent_rbrte"]
    anchor_period_start
    2023-01-30
    actual_eur_per_litre
    -0.11167000000000016
    expected_eur_per_litre
    0.01648155292433161
    proxy_volatility_units
    -1.9939207000691863
    pass_through_sample_end
    2026-09-14
    proxy_change_usd_per_bbl
    -8.939999999999998
    pass_through_sample_start
    2005-01-03
    pass_through_window_label
    FULL_SAMPLE
    expected_low_eur_per_litre
    0.0027607355096615147
    expected_high_eur_per_litre
    0.030202370339002374
    proxy_normal_volatility_pct
    9.833812917722621
    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
    2023-02-05T00:00:00+00:00
    fuel
    diesel
    event
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    weeks
    4
    status
    COMPUTED
    country
    Austria
    fuel_type
    DIESEL
    gap_label
    NOT_EXPLAINED_BY_CRUDE
    event_name
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    event_slug
    eu-russia-products-embargo-2023
    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_AT_DIESEL
    country_iso2
    AT
    country_name
    Austria
    country_slug
    austria
    offset_weeks
    4
    proxy_product
    DIESEL
    proxy_to_date
    2023-02-27
    pass_through_k
    2
    proxy_from_date
    2023-01-30
    statement_topic
    event
    observation_date
    2023-02-27
    gap_eur_per_litre
    -0.12815155292433178
    series_source_ids
    ["ec_weekly_oil_bulletin","eia_brent_rbrte"]
    anchor_period_start
    2023-01-30
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    actual_eur_per_litre
    -0.11167000000000016
    expected_eur_per_litre
    0.01648155292433161
    proxy_volatility_units
    -1.9939207000691863
    pass_through_sample_end
    2026-09-14
    proxy_change_usd_per_bbl
    -8.939999999999998
    pass_through_sample_start
    2005-01-03
    pass_through_window_label
    FULL_SAMPLE
    study_calculation_version
    event_study-1.0
    expected_low_eur_per_litre
    0.0027607355096615147
    expected_high_eur_per_litre
    0.030202370339002374
    proxy_normal_volatility_pct
    9.833812917722621

    Template event.crude_only.computed v1.1 · Fingerprint adbad3cc882e5c2c5f97f46ace44a661c8d62eeaa552aeb2235fde618786e890 · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  16. Over the 13 weeks after EU import ban on Russian refined petroleum products (in force 5 February 2023), crude costs alone would have moved Austria's pre-tax diesel price by +7.5 c/L (range +0.7–+14.2); it actually moved -20.4 c/L, leaving -27.9 c/L not explained by crude. Over the same period the US diesel crack spread, a proxy for the Atlantic product market and not a European margin, narrowed by 27.3 $/bbl.

    about AustriaCalculatedMedium
    Why this sentence
    Variables
    t0
    2023-02-05T00:00:00+00:00
    fuel
    diesel
    event
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    weeks
    13
    status
    COMPUTED
    country
    Austria
    fuel_type
    DIESEL
    gap_label
    NOT_EXPLAINED_BY_CRUDE
    event_name
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    event_slug
    eu-russia-products-embargo-2023
    event_type
    EMBARGO
    series_code
    CRUDE_ONLY_EXPECTED_AT_DIESEL
    country_iso2
    AT
    country_name
    Austria
    country_slug
    austria
    offset_weeks
    13
    proxy_product
    DIESEL
    proxy_to_date
    2023-04-28
    pass_through_k
    2
    proxy_from_date
    2023-01-30
    observation_date
    2023-05-01
    gap_eur_per_litre
    -0.2788776707229822
    series_source_ids
    ["ec_weekly_oil_bulletin","eia_brent_rbrte"]
    anchor_period_start
    2023-01-30
    actual_eur_per_litre
    -0.20417000000000007
    expected_eur_per_litre
    0.07470767072298215
    proxy_volatility_units
    -6.086587908824174
    pass_through_sample_end
    2026-09-14
    proxy_change_usd_per_bbl
    -27.290000000000003
    pass_through_sample_start
    2005-01-03
    pass_through_window_label
    FULL_SAMPLE
    expected_low_eur_per_litre
    0.006992432532404627
    expected_high_eur_per_litre
    0.14242290891355944
    proxy_normal_volatility_pct
    9.833812917722621
    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
    2023-02-05T00:00:00+00:00
    fuel
    diesel
    event
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    weeks
    13
    status
    COMPUTED
    country
    Austria
    fuel_type
    DIESEL
    gap_label
    NOT_EXPLAINED_BY_CRUDE
    event_name
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    event_slug
    eu-russia-products-embargo-2023
    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_AT_DIESEL
    country_iso2
    AT
    country_name
    Austria
    country_slug
    austria
    offset_weeks
    13
    proxy_product
    DIESEL
    proxy_to_date
    2023-04-28
    pass_through_k
    2
    proxy_from_date
    2023-01-30
    statement_topic
    event
    observation_date
    2023-05-01
    gap_eur_per_litre
    -0.2788776707229822
    series_source_ids
    ["ec_weekly_oil_bulletin","eia_brent_rbrte"]
    anchor_period_start
    2023-01-30
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    actual_eur_per_litre
    -0.20417000000000007
    expected_eur_per_litre
    0.07470767072298215
    proxy_volatility_units
    -6.086587908824174
    pass_through_sample_end
    2026-09-14
    proxy_change_usd_per_bbl
    -27.290000000000003
    pass_through_sample_start
    2005-01-03
    pass_through_window_label
    FULL_SAMPLE
    study_calculation_version
    event_study-1.0
    expected_low_eur_per_litre
    0.006992432532404627
    expected_high_eur_per_litre
    0.14242290891355944
    proxy_normal_volatility_pct
    9.833812917722621

    Template event.crude_only.computed_with_proxy v1.1 · Fingerprint 64feb5d0e1e36782aff2b66b5584e9ca7f291726c13f726e5503d0c83c24613f · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  17. Direct physical dependence on Hormuz-linked crude was moderate (17%–18%) for Austria in 2023-02. No point estimate is published: the origins concerned export from both inside and outside the Persian Gulf and the split per period is not public.

    about AustriaCalculatedMedium
    Why this sentence
    Variables
    t0
    2023-02-05T00:00:00+00:00
    band
    moderate
    unit
    % of imported tonnes
    period
    2023-02
    status
    NO_OBSERVATION
    country
    Austria
    commodity
    crude
    dimension
    DIRECT_CRUDE
    event_name
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    event_slug
    eu-russia-products-embargo-2023
    event_type
    EMBARGO
    country_iso2
    AT
    country_name
    Austria
    country_slug
    austria
    value_max_pct
    17.504735498394
    value_min_pct
    16.7870413429599
    exposure_status
    RANGE_ONLY
    value_point_pct
    null
    observation_date
    2023-02-01
    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
    2023-02-05T00:00:00+00:00
    band
    moderate
    unit
    % of imported tonnes
    period
    2023-02
    status
    NO_OBSERVATION
    country
    Austria
    commodity
    crude
    dimension
    DIRECT_CRUDE
    event_name
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    event_slug
    eu-russia-products-embargo-2023
    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
    AT
    country_name
    Austria
    country_slug
    austria
    value_max_pct
    17.504735498394
    value_min_pct
    16.7870413429599
    exposure_status
    RANGE_ONLY
    statement_topic
    hormuz
    value_point_pct
    null
    observation_date
    2023-02-01
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    study_calculation_version
    event_study-1.0

    Template event.dependence.range v1.1 · Fingerprint 6d4a7ade0b04cde3bee7b3495802c8fc2af92f8d5885fe2eae9c6d82f2a6b8e1 · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  18. Direct physical dependence on Hormuz-linked refined product was limited (0%) for Austria in 2023-02.

    about AustriaCalculatedLow
    Why this sentence
    Variables
    t0
    2023-02-05T00:00:00+00:00
    band
    limited
    unit
    % of imported tonnes
    period
    2023-02
    status
    OBSERVED
    country
    Austria
    commodity
    refined product
    dimension
    DIRECT_PRODUCT
    event_name
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    event_slug
    eu-russia-products-embargo-2023
    event_type
    EMBARGO
    country_iso2
    AT
    country_name
    Austria
    country_slug
    austria
    value_max_pct
    0
    value_min_pct
    0
    exposure_status
    COMPUTED
    value_point_pct
    0
    observation_date
    2023-02-01
    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
    2023-02-05T00:00:00+00:00
    band
    limited
    unit
    % of imported tonnes
    period
    2023-02
    status
    OBSERVED
    country
    Austria
    commodity
    refined product
    dimension
    DIRECT_PRODUCT
    event_name
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    event_slug
    eu-russia-products-embargo-2023
    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
    AT
    country_name
    Austria
    country_slug
    austria
    value_max_pct
    0
    value_min_pct
    0
    exposure_status
    COMPUTED
    statement_topic
    hormuz
    value_point_pct
    0
    observation_date
    2023-02-01
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    study_calculation_version
    event_study-1.0

    Template event.dependence.point v1.1 · Fingerprint b576e1fcf1a4d01356817f1035cf02e34823ee8ae3ebaee40065d738da6b9578 · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  19. Available evidence does not show a physical supply reduction: Austria's reported crude imports in 2023-02 were +92.2% against the mean of the previous 12 months.

    about AustriaCalculatedOfficial
    Why this sentence
    Variables
    t0
    2023-02-05T00:00:00+00:00
    unit
    tonnes
    month
    2023-02
    country
    Austria
    change_pct
    92.18495170249767
    event_name
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    event_slug
    eu-russia-products-embargo-2023
    event_type
    EMBARGO
    country_iso2
    AT
    country_name
    Austria
    country_slug
    austria
    partner_role
    ORIGIN
    value_tonnes
    728540
    baseline_months
    12
    observation_date
    2023-02-01
    series_source_ids
    ["eurostat_nrg_ti_oilm"]
    baseline_mean_tonnes
    379082.75
    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
    2023-02-05T00:00:00+00:00
    unit
    tonnes
    month
    2023-02
    country
    Austria
    change_pct
    92.18495170249767
    event_name
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    event_slug
    eu-russia-products-embargo-2023
    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
    AT
    country_name
    Austria
    country_slug
    austria
    partner_role
    ORIGIN
    value_tonnes
    728540
    baseline_months
    12
    statement_topic
    event
    observation_date
    2023-02-01
    series_source_ids
    ["eurostat_nrg_ti_oilm"]
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    baseline_mean_tonnes
    379082.75
    study_calculation_version
    event_study-1.0

    Template event.supply.no_reduction v1.1 · Fingerprint 9fd2cb97dd9c3bfec0a954b49ffd498baaaeb923ac93015d63a41b2c03107b5d · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  20. In 2023-02, Austria's oil stocks stood 11.7% above their trailing 12-month mean, with 85.0 days of cover (as published).

    about AustriaCalculatedOfficial
    Why this sentence
    Variables
    t0
    2023-02-05T00:00:00+00:00
    unit
    tonnes
    month
    2023-02
    status
    OBSERVED
    country
    Austria
    direction
    above
    siec_code
    O4000
    event_name
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    event_slug
    eu-russia-products-embargo-2023
    event_type
    EMBARGO
    holder_type
    STK_CL
    series_code
    INVENTORY_AT
    country_iso2
    AT
    country_name
    Austria
    country_slug
    austria
    days_of_cover
    85
    metric_status
    COMPUTED
    mom_change_pct
    4.850702980155457
    observation_date
    2023-02-01
    series_source_ids
    ["eurostat_nrg_stk_oem","eurostat_nrg_stk_oilm"]
    total_stock_tonnes
    3334958
    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
    2984340.75
    level_vs_trailing_12m_pct
    11.748566245325705
    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
    11.748566245325705
    level_vs_trailing_12m_pct_shown
    11.7
    inventory_material_deviation_pct
    5
    Inputs
    t0
    2023-02-05T00:00:00+00:00
    unit
    tonnes
    month
    2023-02
    status
    OBSERVED
    country
    Austria
    direction
    above
    siec_code
    O4000
    event_name
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    event_slug
    eu-russia-products-embargo-2023
    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_AT
    country_iso2
    AT
    country_name
    Austria
    country_slug
    austria
    days_of_cover
    85
    metric_status
    COMPUTED
    mom_change_pct
    4.850702980155457
    statement_topic
    event
    observation_date
    2023-02-01
    series_source_ids
    ["eurostat_nrg_stk_oem","eurostat_nrg_stk_oilm"]
    total_stock_tonnes
    3334958
    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
    2984340.75
    level_vs_trailing_12m_pct
    11.748566245325705
    study_calculation_version
    event_study-1.0
    trailing_12m_observations
    12

    Template event.inventory_level.above v1.1 · Fingerprint a63dfd7cbe72891e67a224783414895b02a8764b9885ca343e358ca903b96e38 · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  21. Summary of what can be checked here

    Only part of the chain can be checked for Austria around EU import ban on Russian refined petroleum products (in force 5 February 2023): 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 moderate (17–18%) 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 AustriaUnknownUnknown
    Why this sentence
    Variables
    t0
    2023-02-05T00:00:00+00:00
    event
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    country
    Austria
    event_name
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    event_slug
    eu-russia-products-embargo-2023
    event_type
    EMBARGO
    country_iso2
    AT
    country_name
    Austria
    country_slug
    austria
    dependence_band
    moderate
    dependence_range
    17–18%
    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
    2023-02-05T00:00:00+00:00
    event
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    country
    Austria
    event_name
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    event_slug
    eu-russia-products-embargo-2023
    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
    AT
    country_name
    Austria
    country_slug
    austria
    dependence_band
    moderate
    statement_topic
    event
    dependence_range
    17–18%
    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 b96e2ba790692c1801e7aaa01ac9cd7b437a300bbb4f862b7a9f4665aff0aada · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  22. In the 7 days after EU import ban on Russian refined petroleum products (in force 5 February 2023), the Brent crude benchmark moved +8.4%, which is 1.8 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
    2023-02-05T00:00:00+00:00
    unit
    $/BBL
    event
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    value
    85.46
    status
    OBSERVED
    z_score
    0.08812991325524933
    t0_value
    78.85
    benchmark
    Brent crude
    change_pct
    8.383005707038683
    event_name
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    event_slug
    eu-russia-products-embargo-2023
    event_type
    EMBARGO
    offset_days
    7
    series_code
    BRENT
    variation_label
    day-to-day
    observation_date
    2023-02-10
    same_observation
    false
    volatility_units
    1.8495435613044966
    series_source_ids
    ["eia_brent_rbrte"]
    change_abs_from_t0
    6.609999999999999
    change_pct_from_t0
    8.383005707038683
    observation_gap_days
    2
    normal_volatility_pct
    4.532472704306617
    change_in_volatility_units
    1.8495435613044966
    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
    2023-02-05T00:00:00+00:00
    unit
    $/BBL
    event
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    value
    85.46
    status
    OBSERVED
    z_score
    0.08812991325524933
    t0_value
    78.85
    benchmark
    Brent crude
    change_pct
    8.383005707038683
    event_name
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    event_slug
    eu-russia-products-embargo-2023
    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
    2023-02-10
    same_observation
    false
    volatility_units
    1.8495435613044966
    series_source_ids
    ["eia_brent_rbrte"]
    change_abs_from_t0
    6.609999999999999
    change_pct_from_t0
    8.383005707038683
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    2
    normal_volatility_pct
    4.532472704306617
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    1.8495435613044966

    Template event.benchmark_move.within_normal v1.1 · Fingerprint 38adc5dea4321bbd49653a24f7c0174373d8aa5326085a6d6dbe425d5975e73b · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  23. In the 30 days after EU import ban on Russian refined petroleum products (in force 5 February 2023), the Brent crude benchmark moved +8.9%, which is 2.0 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
    2023-02-05T00:00:00+00:00
    unit
    $/BBL
    event
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    value
    85.86
    status
    OBSERVED
    z_score
    0.1507166248435324
    t0_value
    78.85
    benchmark
    Brent crude
    change_pct
    8.890298034242239
    event_name
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    event_slug
    eu-russia-products-embargo-2023
    event_type
    EMBARGO
    offset_days
    30
    series_code
    BRENT
    variation_label
    day-to-day
    observation_date
    2023-03-06
    same_observation
    false
    volatility_units
    1.9614675287056775
    series_source_ids
    ["eia_brent_rbrte"]
    change_abs_from_t0
    7.010000000000005
    change_pct_from_t0
    8.890298034242239
    observation_gap_days
    1
    normal_volatility_pct
    4.532472704306617
    change_in_volatility_units
    1.9614675287056775
    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
    2023-02-05T00:00:00+00:00
    unit
    $/BBL
    event
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    value
    85.86
    status
    OBSERVED
    z_score
    0.1507166248435324
    t0_value
    78.85
    benchmark
    Brent crude
    change_pct
    8.890298034242239
    event_name
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    event_slug
    eu-russia-products-embargo-2023
    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
    2023-03-06
    same_observation
    false
    volatility_units
    1.9614675287056775
    series_source_ids
    ["eia_brent_rbrte"]
    change_abs_from_t0
    7.010000000000005
    change_pct_from_t0
    8.890298034242239
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    1
    normal_volatility_pct
    4.532472704306617
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    1.9614675287056775

    Template event.benchmark_move.within_normal v1.1 · Fingerprint 0da9031a475f48ba9492ce0f26d02ef4b075756fb5a3ed508e2b5f1ea86c489b · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  24. In the 90 days after EU import ban on Russian refined petroleum products (in force 5 February 2023), the Brent crude benchmark moved -3.8%, which is 0.8 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
    2023-02-05T00:00:00+00:00
    unit
    $/BBL
    event
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    value
    75.85
    status
    OBSERVED
    z_score
    -1.4155158326532304
    t0_value
    78.85
    benchmark
    Brent crude
    change_pct
    -3.804692454026633
    event_name
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    event_slug
    eu-russia-products-embargo-2023
    event_type
    EMBARGO
    offset_days
    90
    series_code
    BRENT
    variation_label
    day-to-day
    observation_date
    2023-05-05
    same_observation
    false
    volatility_units
    -0.8394297555088486
    series_source_ids
    ["eia_brent_rbrte"]
    change_abs_from_t0
    -3
    change_pct_from_t0
    -3.804692454026633
    observation_gap_days
    1
    normal_volatility_pct
    4.532472704306617
    change_in_volatility_units
    -0.8394297555088486
    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
    2023-02-05T00:00:00+00:00
    unit
    $/BBL
    event
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    value
    75.85
    status
    OBSERVED
    z_score
    -1.4155158326532304
    t0_value
    78.85
    benchmark
    Brent crude
    change_pct
    -3.804692454026633
    event_name
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    event_slug
    eu-russia-products-embargo-2023
    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
    2023-05-05
    same_observation
    false
    volatility_units
    -0.8394297555088486
    series_source_ids
    ["eia_brent_rbrte"]
    change_abs_from_t0
    -3
    change_pct_from_t0
    -3.804692454026633
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    1
    normal_volatility_pct
    4.532472704306617
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    -0.8394297555088486

    Template event.benchmark_move.within_normal v1.1 · Fingerprint 956c15054a5318a99cfc9c833555e8d3f8ac980a1c014dbf655e5357d300335e · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  25. 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
    2023-02-05T00:00:00+00:00
    channels
    ["freight rates"]
    event_name
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    event_slug
    eu-russia-products-embargo-2023
    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
    2023-02-05T00:00:00+00:00
    channels
    ["freight rates"]
    event_name
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    event_slug
    eu-russia-products-embargo-2023
    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 298ab38a71e7fa1e827846158174e16f115ed958766d0a18618b16aa877096e8 · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  26. 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
    2023-02-05T00:00:00+00:00
    channels
    ["refined-product benchmark"]
    event_name
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    event_slug
    eu-russia-products-embargo-2023
    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
    2023-02-05T00:00:00+00:00
    channels
    ["refined-product benchmark"]
    event_name
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    event_slug
    eu-russia-products-embargo-2023
    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 0a3ee8f8627510915169cd9a2eaa4452fa0806bd90c55f8208323cb6b271bea9 · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  27. 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
    2023-02-05T00:00:00+00:00
    channels
    ["wholesale prices"]
    event_name
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    event_slug
    eu-russia-products-embargo-2023
    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
    2023-02-05T00:00:00+00:00
    channels
    ["wholesale prices"]
    event_name
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    event_slug
    eu-russia-products-embargo-2023
    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 b5b761de3451d820e679168f99a9b0a6cadccd3d87b852d57da6f18bc2de3e6c · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  28. 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
    2023-02-05T00:00:00+00:00
    channels
    ["refining margin"]
    event_name
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    event_slug
    eu-russia-products-embargo-2023
    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
    2023-02-05T00:00:00+00:00
    channels
    ["refining margin"]
    event_name
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    event_slug
    eu-russia-products-embargo-2023
    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 e9796ff5d8838330a75be8298f9f4cd8c4fea863574dbd933141d0a1f568d3c6 · 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.

Austria: 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.