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.

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

286 published readings, 0 offsets with nothing published within one period, and 91 offsets on series we cannot see at all. Every one of them is on this page.

Europe Brent spot FOB

Unit: $ per barrelPublished: dailyCalculatedOfficial
T0−30−14T0+14+30+60+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
T0−30−14T0+14+30+60+90354,622228,4382023-01-01: 249,404 tonnes, used for offsets −30, −14, −7same print as T0 — 2023-02-01, 241,984 tonnes, used for offsets −3, −1, T0, +1, +3, +7, +142023-03-01: 244,574 tonnes, used for offsets +302023-04-01: 342,411 tonnes, used for offsets +602023-05-01: 240,649 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
−302023-01-01249,404+7,420+3.07%+0.10
−142023-01-01249,404+7,420+3.07%+0.10
−72023-01-01249,404+7,420+3.07%+0.10
−32023-02-01same print as T0241,9840.0000.00%0.00
−12023-02-01same print as T0241,9840.0000.00%0.00
T02023-02-01same print as T0241,9840.0000.00%0.00
+12023-02-01same print as T0241,9840.0000.00%0.00
+32023-02-01same print as T0241,9840.0000.00%0.00
+72023-02-01same print as T0241,9840.0000.00%0.00
+142023-02-01same print as T0241,9840.0000.00%0.00
+302023-03-01244,574+2,590+1.07%+0.03
+602023-04-01342,411+100,427+41.50%+1.35
+902023-05-01240,649-1,335-0.55%-0.02

One volatility unit for this series is 30.69%, 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
T0−30−14T0+14+30+60+901.0930.9062023-01-02: 0.9244 € per litre, used for offsets −302023-01-16: 0.9346 € per litre, used for offsets −142023-01-23: 0.9426 € per litre, used for offsets −7same print as T0 — 2023-01-30, 0.9577 € per litre, used for offsets −3, −1, T02023-02-06: 0.9707 € per litre, used for offsets +1, +3, +72023-02-13: 0.9751 € per litre, used for offsets +142023-03-06: 0.9944 € per litre, used for offsets +302023-04-03: 1.006 € per litre, used for offsets +602023-05-01: 1.075 € 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
−302023-01-020.9244-0.033-3.47%-0.04
−142023-01-160.9346-0.023-2.41%-0.03
−72023-01-230.9426-0.015-1.57%-0.02
−32023-01-30same print as T00.95770.0000.00%0.00
−12023-01-30same print as T00.95770.0000.00%0.00
T02023-01-30same print as T00.95770.0000.00%0.00
+12023-02-060.9707+0.013+1.36%+0.02
+32023-02-060.9707+0.013+1.36%+0.02
+72023-02-060.9707+0.013+1.36%+0.02
+142023-02-130.9751+0.017+1.81%+0.02
+302023-03-060.9944+0.037+3.84%+0.04
+602023-04-031.006+0.048+5.05%+0.06
+902023-05-011.075+0.117+12.22%+0.14

One volatility unit for this series is 90.46%, 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.

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

Unit: € per litrePublished: weeklyCalculatedMedium
T0−30−14T0+14+30+60+900.8760.7952023-01-02: 0.8031 € per litre, used for offsets −302023-01-16: 0.8033 € per litre, used for offsets −142023-01-23: 0.8079 € per litre, used for offsets −7same print as T0 — 2023-01-30, 0.8178 € per litre, used for offsets −3, −1, T02023-02-06: 0.8222 € per litre, used for offsets +1, +3, +72023-02-13: 0.8242 € per litre, used for offsets +142023-03-06: 0.8326 € per litre, used for offsets +302023-04-03: 0.8348 € per litre, used for offsets +602023-05-01: 0.8681 € 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
−302023-01-020.8031-0.015-1.79%-0.30
−142023-01-160.8033-0.014-1.77%-0.30
−72023-01-230.8079-0.010-1.21%-0.21
−32023-01-30same print as T00.81780.0000.00%0.00
−12023-01-30same print as T00.81780.0000.00%0.00
T02023-01-30same print as T00.81780.0000.00%0.00
+12023-02-060.8222+0.004+0.54%+0.09
+32023-02-060.8222+0.004+0.54%+0.09
+72023-02-060.8222+0.004+0.54%+0.09
+142023-02-130.8242+0.006+0.78%+0.13
+302023-03-060.8326+0.015+1.82%+0.31
+602023-04-030.8348+0.017+2.08%+0.35
+902023-05-010.8681+0.050+6.16%+1.04

One volatility unit for this series is 5.90%, 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
T0−30−14T0+14+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: monthlyCalculatedLow
T0−30−14T0+14+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 crude Hormuz exposure D1: value, change from the event date and change in volatility units at each offset.
OffsetPrint usedValueΔ absΔ %Volatility units
−302023-01-0100.000not 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.

direct refined-product Hormuz exposure D2

Unit: % of imported tonnesPublished: monthlyCalculatedLow
T0−30−14T0+14+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
T0−30−14T0+14+30+60+9085.1283.882023-01-01: 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: 85.00 days of cover, used for offsets +302023-04-01: 84.00 days of cover, used for offsets +602023-05-01: 85.00 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
+302023-03-0185.000.0000.00%0.00
+602023-04-0184.00-1.000-1.18%-0.28
+902023-05-0185.000.0000.00%0.00

One volatility unit for this series is 4.15%, 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
T0−30−14T0+14+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.

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

Unit: € per litrePublished: weeklyCalculatedOfficial
T0−30−14T0+14+30+60+900.5050.4172023-01-02: 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
T0−30−14T0+14+30+60+902,065,7151,928,8362023-01-01: 1,983,022 tonnes, used for offsets −30, −14, −7same print as T0 — 2023-02-01, 1,942,082 tonnes, used for offsets −3, −1, T0, +1, +3, +7, +142023-03-01: 1,954,911 tonnes, used for offsets +302023-04-01: 2,052,469 tonnes, used for offsets +602023-05-01: 2,011,750 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
−302023-01-011,983,022+40,940+2.11%+0.56
−142023-01-011,983,022+40,940+2.11%+0.56
−72023-01-011,983,022+40,940+2.11%+0.56
−32023-02-01same print as T01,942,0820.0000.00%0.00
−12023-02-01same print as T01,942,0820.0000.00%0.00
T02023-02-01same print as T01,942,0820.0000.00%0.00
+12023-02-01same print as T01,942,0820.0000.00%0.00
+32023-02-01same print as T01,942,0820.0000.00%0.00
+72023-02-01same print as T01,942,0820.0000.00%0.00
+142023-02-01same print as T01,942,0820.0000.00%0.00
+302023-03-011,954,911+12,829+0.66%+0.17
+602023-04-012,052,469+110,387+5.68%+1.50
+902023-05-012,011,750+69,668+3.59%+0.95

One volatility unit for this series is 3.78%, 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
T0−30−14T0+14+30+60+900.045-0.2882023-01-02: 0.0125 € per litre, used for offsets −302023-01-16: 0.0086 € per litre, used for offsets −142023-01-23: 0.0068 € per litre, used for offsets −7same print as T0 — 2023-01-30, 0 € per litre, used for offsets −3, −1, T02023-02-06: 0.0056 € per litre, used for offsets +1, +3, +72023-02-13: 0.0043 € per litre, used for offsets +142023-03-06: -0.0953 € per litre, used for offsets +302023-04-03: -0.1358 € per litre, used for offsets +602023-05-01: -0.2556 € 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
−302023-01-020.0125+0.013not publishednot published
−142023-01-160.0086+0.009not publishednot published
−72023-01-230.0068+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
+12023-02-060.0056+0.006not publishednot published
+32023-02-060.0056+0.006not publishednot published
+72023-02-060.0056+0.006not publishednot published
+142023-02-130.0043+0.004not publishednot published
+302023-03-06-0.0953-0.095not publishednot published
+602023-04-03-0.1358-0.136not publishednot published
+902023-05-01-0.2556-0.256not publishednot published

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

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

Unit: € per litrePublished: weeklyCalculatedMedium
T0−30−14T0+14+30+60+900.035-0.0562023-01-02: -0.0220 € per litre, used for offsets −302023-01-16: -0.0102 € per litre, used for offsets −142023-01-23: -0.0032 € per litre, used for offsets −7same print as T0 — 2023-01-30, 0 € per litre, used for offsets −3, −1, T02023-02-06: 0.0176 € per litre, used for offsets +1, +3, +72023-02-13: 0.0264 € per litre, used for offsets +142023-03-06: -0.0287 € per litre, used for offsets +302023-04-03: -0.0257 € per litre, used for offsets +602023-05-01: -0.0475 € 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
−302023-01-02-0.0220-0.022not publishednot published
−142023-01-16-0.0102-0.010not publishednot published
−72023-01-23-0.0032-0.003not 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
+12023-02-060.0176+0.018not publishednot published
+32023-02-060.0176+0.018not publishednot published
+72023-02-060.0176+0.018not publishednot published
+142023-02-130.0264+0.026not publishednot published
+302023-03-06-0.0287-0.029not publishednot published
+602023-04-03-0.0257-0.026not publishednot published
+902023-05-01-0.0475-0.047not publishednot published

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

Weekly Oil Bulletin price with taxes

Unit: € per litrePublished: weeklyCalculatedOfficial
T0−30−14T0+14+30+60+901.7501.5352023-01-02: 1.677 € per litre, used for offsets −302023-01-16: 1.685 € per litre, used for offsets −142023-01-23: 1.692 € per litre, used for offsets −7same print as T0 — 2023-01-30, 1.703 € per litre, used for offsets −3, −1, T02023-02-06: 1.725 € per litre, used for offsets +1, +3, +72023-02-13: 1.729 € per litre, used for offsets +142023-03-06: 1.654 € per litre, used for offsets +302023-04-03: 1.618 € per litre, used for offsets +602023-05-01: 1.556 € 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
−302023-01-021.677-0.026-1.50%-0.84
−142023-01-161.685-0.018-1.05%-0.58
−72023-01-231.692-0.010-0.60%-0.33
−32023-01-30same print as T01.7030.0000.00%0.00
−12023-01-30same print as T01.7030.0000.00%0.00
T02023-01-30same print as T01.7030.0000.00%0.00
+12023-02-061.725+0.023+1.35%+0.75
+32023-02-061.725+0.023+1.35%+0.75
+72023-02-061.725+0.023+1.35%+0.75
+142023-02-131.729+0.027+1.56%+0.87
+302023-03-061.654-0.049-2.86%-1.60
+602023-04-031.618-0.084-4.95%-2.76
+902023-05-011.556-0.147-8.63%-4.82

One volatility unit for this series is 1.79%, 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 with taxes

Unit: € per litrePublished: weeklyCalculatedOfficial
T0−30−14T0+14+30+60+901.6521.5462023-01-02: 1.557 € per litre, used for offsets −302023-01-16: 1.571 € per litre, used for offsets −142023-01-23: 1.586 € per litre, used for offsets −7same print as T0 — 2023-01-30, 1.602 € per litre, used for offsets −3, −1, T02023-02-06: 1.629 € per litre, used for offsets +1, +3, +72023-02-13: 1.642 € per litre, used for offsets +142023-03-06: 1.608 € per litre, used for offsets +302023-04-03: 1.614 € per litre, used for offsets +602023-05-01: 1.629 € 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
−302023-01-021.557-0.045-2.82%-1.74
−142023-01-161.571-0.030-1.90%-1.17
−72023-01-231.586-0.016-1.01%-0.62
−32023-01-30same print as T01.6020.0000.00%0.00
−12023-01-30same print as T01.6020.0000.00%0.00
T02023-01-30same print as T01.6020.0000.00%0.00
+12023-02-061.629+0.027+1.69%+1.04
+32023-02-061.629+0.027+1.69%+1.04
+72023-02-061.629+0.027+1.69%+1.04
+142023-02-131.642+0.040+2.52%+1.55
+302023-03-061.608+0.006+0.40%+0.25
+602023-04-031.614+0.013+0.79%+0.49
+902023-05-011.629+0.027+1.68%+1.03

One volatility unit for this series is 1.62%, the standard deviation of its own week-on-week percentage changes over the three years before the event (149 changes). It is not a significance test.

Weekly Oil Bulletin price without taxes

Unit: € per litrePublished: weeklyCalculatedOfficial
T0−30−14T0+14+30+60+900.9990.8002023-01-02: 0.9370 € per litre, used for offsets −302023-01-16: 0.9432 € per litre, used for offsets −142023-01-23: 0.9494 € per litre, used for offsets −7same print as T0 — 2023-01-30, 0.9577 € per litre, used for offsets −3, −1, T02023-02-06: 0.9763 € per litre, used for offsets +1, +3, +72023-02-13: 0.9793 € per litre, used for offsets +142023-03-06: 0.8991 € per litre, used for offsets +302023-04-03: 0.8702 € per litre, used for offsets +602023-05-01: 0.8192 € 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
−302023-01-020.9370-0.021-2.17%-0.66
−142023-01-160.9432-0.014-1.51%-0.46
−72023-01-230.9494-0.008-0.87%-0.27
−32023-01-30same print as T00.95770.0000.00%0.00
−12023-01-30same print as T00.95770.0000.00%0.00
T02023-01-30same print as T00.95770.0000.00%0.00
+12023-02-060.9763+0.019+1.94%+0.60
+32023-02-060.9763+0.019+1.94%+0.60
+72023-02-060.9763+0.019+1.94%+0.60
+142023-02-130.9793+0.022+2.26%+0.69
+302023-03-060.8991-0.059-6.12%-1.87
+602023-04-030.8702-0.087-9.13%-2.80
+902023-05-010.8192-0.139-14.46%-4.43

One volatility unit for this series is 3.26%, 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
T0−30−14T0+14+30+60+900.8590.7732023-01-02: 0.7811 € per litre, used for offsets −302023-01-16: 0.7931 € per litre, used for offsets −142023-01-23: 0.8047 € per litre, used for offsets −7same print as T0 — 2023-01-30, 0.8178 € per litre, used for offsets −3, −1, T02023-02-06: 0.8398 € per litre, used for offsets +1, +3, +72023-02-13: 0.8505 € per litre, used for offsets +142023-03-06: 0.8040 € per litre, used for offsets +302023-04-03: 0.8091 € per litre, used for offsets +602023-05-01: 0.8206 € 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
−302023-01-020.7811-0.037-4.48%-1.43
−142023-01-160.7931-0.025-3.02%-0.96
−72023-01-230.8047-0.013-1.60%-0.51
−32023-01-30same print as T00.81780.0000.00%0.00
−12023-01-30same print as T00.81780.0000.00%0.00
T02023-01-30same print as T00.81780.0000.00%0.00
+12023-02-060.8398+0.022+2.70%+0.86
+32023-02-060.8398+0.022+2.70%+0.86
+72023-02-060.8398+0.022+2.70%+0.86
+142023-02-130.8505+0.033+4.01%+1.28
+302023-03-060.8040-0.014-1.69%-0.54
+602023-04-030.8091-0.009-1.06%-0.34
+902023-05-010.8206+0.003+0.35%+0.11

One volatility unit for this series is 3.13%, 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
T0−30−14T0+14+30+60+900.7570.7342023-01-02: 0.7400 € per litre, used for offsets −302023-01-16: 0.7415 € per litre, used for offsets −142023-01-23: 0.7429 € per litre, used for offsets −7same print as T0 — 2023-01-30, 0.7448 € per litre, used for offsets −3, −1, T02023-02-06: 0.7491 € per litre, used for offsets +1, +3, +72023-02-13: 0.7498 € per litre, used for offsets +142023-03-06: 0.7547 € per litre, used for offsets +302023-04-03: 0.7481 € per litre, used for offsets +602023-05-01: 0.7363 € 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
−302023-01-020.7400-0.005-0.64%-0.49
−142023-01-160.7415-0.003-0.45%-0.34
−72023-01-230.7429-0.002-0.26%-0.20
−32023-01-30same print as T00.74480.0000.00%0.00
−12023-01-30same print as T00.74480.0000.00%0.00
T02023-01-30same print as T00.74480.0000.00%0.00
+12023-02-060.7491+0.004+0.58%+0.44
+32023-02-060.7491+0.004+0.58%+0.44
+72023-02-060.7491+0.004+0.58%+0.44
+142023-02-130.7498+0.005+0.67%+0.51
+302023-03-060.7547+0.010+1.33%+1.02
+602023-04-030.7481+0.003+0.44%+0.34
+902023-05-010.7363-0.008-1.14%-0.87

One volatility unit for this series is 1.30%, 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
T0−30−14T0+14+30+60+900.8120.7712023-01-02: 0.7754 € per litre, used for offsets −302023-01-16: 0.7781 € per litre, used for offsets −142023-01-23: 0.7808 € per litre, used for offsets −7same print as T0 — 2023-01-30, 0.7838 € per litre, used for offsets −3, −1, T02023-02-06: 0.7889 € per litre, used for offsets +1, +3, +72023-02-13: 0.7914 € per litre, used for offsets +142023-03-06: 0.8040 € per litre, used for offsets +302023-04-03: 0.8052 € per litre, used for offsets +602023-05-01: 0.8079 € 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
−302023-01-020.7754-0.008-1.08%-0.69
−142023-01-160.7781-0.006-0.73%-0.47
−72023-01-230.7808-0.003-0.38%-0.25
−32023-01-30same print as T00.78380.0000.00%0.00
−12023-01-30same print as T00.78380.0000.00%0.00
T02023-01-30same print as T00.78380.0000.00%0.00
+12023-02-060.7889+0.005+0.65%+0.42
+32023-02-060.7889+0.005+0.65%+0.42
+72023-02-060.7889+0.005+0.65%+0.42
+142023-02-130.7914+0.008+0.96%+0.62
+302023-03-060.8040+0.020+2.58%+1.66
+602023-04-030.8052+0.021+2.73%+1.76
+902023-05-010.8079+0.024+3.07%+1.98

One volatility unit for this series is 1.55%, 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 diesel spot minus Brent spot, USD per barrel. A proxy for the Atlantic-basin product market, NOT a measure of European refining margins (§H).

Unit: $ per barrelPublished: dailyCalculatedLow
T0−30−14T0+14+30+60+9064.8217.192023-01-06: 52.91 $ per barrel, used for offsets −302023-01-20: 60.21 $ per barrel, used for offsets −142023-01-27: 51.77 $ per barrel, used for offsets −72023-02-02: 42.91 $ per barrel, used for offsets −3same print as T0 — 2023-02-03, 39.25 $ per barrel, used for offsets −1, T02023-02-06: 37.12 $ per barrel, used for offsets +12023-02-08: 38.01 $ per barrel, used for offsets +32023-02-10: 35.25 $ per barrel, used for offsets +72023-02-17: 32.10 $ per barrel, used for offsets +142023-03-06: 36.23 $ per barrel, used for offsets +302023-04-06: 26.92 $ per barrel, used for offsets +602023-05-05: 21.80 $ 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 diesel spot minus Brent spot, USD per barrel. A proxy for the Atlantic-basin product market, NOT a measure of European refining margins (§H).: value, change from the event date and change in volatility units at each offset.
OffsetPrint usedValueΔ absΔ %Volatility units
−302023-01-0652.91+13.654+34.78%+3.54
−142023-01-2060.21+20.954+53.38%+5.43
−72023-01-2751.77+12.516+31.88%+3.24
−32023-02-0242.91+3.656+9.31%+0.95
−12023-02-03same print as T039.250.0000.00%0.00
T02023-02-03same print as T039.250.0000.00%0.00
+12023-02-0637.12-2.134-5.44%-0.55
+32023-02-0838.01-1.246-3.17%-0.32
+72023-02-1035.25-4.006-10.21%-1.04
+142023-02-1732.10-7.152-18.22%-1.85
+302023-03-0636.23-3.020-7.69%-0.78
+602023-04-0626.92-12.330-31.41%-3.19
+902023-05-0521.80-17.454-44.46%-4.52

One volatility unit for this series is 9.83%, 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 gasoline spot minus Brent spot, USD per barrel. A proxy for the Atlantic-basin product market, NOT a measure of European refining margins (§H).

Unit: $ per barrelPublished: dailyCalculatedLow
T0−30−14T0+14+30+60+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
T0−30−14T0+14+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.

EU refined-product benchmark

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

13 offsets in the window are affected.

north-west Europe refining margin / crack spread

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

13 offsets in the window are affected.

north-west Europe refining margin / crack spread

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

13 offsets in the window are affected.

wholesale / rack price

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

13 offsets in the window are affected.

wholesale / rack price

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

13 offsets in the window are affected.

Source
European Commission, Directorate-General for Energy (DG ENER)Unknown
Period 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.Observed0 % of imported tonnes at +30 d (published 2023-03-01)
Direct product exposure (D2)Share of imported refined product whose route requires the Strait of Hormuz.Observed0 % 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.Observed85.00 days of cover at +30 d (published 2023-03-01)0.00% from the level at T0 = 0.00 volatility units
Crude benchmarkThe quoted crude price European cargoes are priced against.Observed85.86 $ 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.Observed1,954,911 tonnes at +30 d (published 2023-03-01)+0.66% from the level at T0 = +0.17 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.Observed0.8991 € per litre at +30 d (published 2023-03-06)-6.12% from the level at T0 = -1.87 volatility units
Pump price with taxWhat a driver actually paid.Observed1.654 € per litre at +30 d (published 2023-03-06)-2.86% from the level at T0 = -1.60 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: Ireland, petrol (euro-super 95)

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

The crude-only comparison could not be read.

API 404 for /api/events/eu-russia-products-embargo-2023/crude-only: No stored crude-only run for 'eu-russia-products-embargo-2023' and country 'ireland'. 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), Ireland's pre-tax petrol price moved +2.7%, which is 0.9 times its normal week-to-week variation over the previous three years — within that range.

    about IrelandCalculatedOfficial
    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
    0.83981
    status
    OBSERVED
    country
    Ireland
    z_score
    -0.6661437984449956
    t0_value
    0.81777
    fuel_type
    EURO_SUPER_95
    change_pct
    2.695134328723229
    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_IE_EURO_SUPER_95
    series_kind
    pre-tax
    country_iso2
    IE
    country_name
    Ireland
    country_slug
    ireland
    variation_label
    week-to-week
    observation_date
    2023-02-06
    same_observation
    false
    volatility_units
    0.8601827533124403
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.02203999999999995
    change_pct_from_t0
    2.695134328723229
    observation_gap_days
    6
    normal_volatility_pct
    3.1332113069515213
    change_in_volatility_units
    0.8601827533124403
    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
    0.83981
    status
    OBSERVED
    country
    Ireland
    z_score
    -0.6661437984449956
    t0_value
    0.81777
    fuel_type
    EURO_SUPER_95
    change_pct
    2.695134328723229
    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_IE_EURO_SUPER_95
    series_kind
    pre-tax
    country_iso2
    IE
    country_name
    Ireland
    country_slug
    ireland
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2023-02-06
    same_observation
    false
    volatility_units
    0.8601827533124403
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.02203999999999995
    change_pct_from_t0
    2.695134328723229
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    6
    normal_volatility_pct
    3.1332113069515213
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    0.8601827533124403

    Template event.price_move.within_normal v1.1 · Fingerprint 9b89b2e512d478bb8c31b66d255af56f17e9f1cd712ba35f4070f92a419d9e56 · 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), Ireland's pre-tax petrol price moved -1.7%, which is 0.5 times its normal week-to-week variation over the previous three years — within that range.

    about IrelandCalculatedOfficial
    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
    0.80398
    status
    OBSERVED
    country
    Ireland
    z_score
    -1.0863045594756986
    t0_value
    0.81777
    fuel_type
    EURO_SUPER_95
    change_pct
    -1.686293212027828
    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_IE_EURO_SUPER_95
    series_kind
    pre-tax
    country_iso2
    IE
    country_name
    Ireland
    country_slug
    ireland
    variation_label
    week-to-week
    observation_date
    2023-03-06
    same_observation
    false
    volatility_units
    -0.5381996446541992
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.013789999999999969
    change_pct_from_t0
    -1.686293212027828
    observation_gap_days
    1
    normal_volatility_pct
    3.1332113069515213
    change_in_volatility_units
    -0.5381996446541992
    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
    0.80398
    status
    OBSERVED
    country
    Ireland
    z_score
    -1.0863045594756986
    t0_value
    0.81777
    fuel_type
    EURO_SUPER_95
    change_pct
    -1.686293212027828
    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_IE_EURO_SUPER_95
    series_kind
    pre-tax
    country_iso2
    IE
    country_name
    Ireland
    country_slug
    ireland
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2023-03-06
    same_observation
    false
    volatility_units
    -0.5381996446541992
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.013789999999999969
    change_pct_from_t0
    -1.686293212027828
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    1
    normal_volatility_pct
    3.1332113069515213
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    -0.5381996446541992

    Template event.price_move.within_normal v1.1 · Fingerprint db1c28e0b150d419988a0a9e74177ff36e14c9bc97f6a3fd2764840571123c17 · 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), Ireland's pre-tax petrol price moved +0.4%, which is 0.1 times its normal week-to-week variation over the previous three years — within that range.

    about IrelandCalculatedOfficial
    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
    0.82064
    status
    OBSERVED
    country
    Ireland
    z_score
    -0.8909409457784747
    t0_value
    0.81777
    fuel_type
    EURO_SUPER_95
    change_pct
    0.3509544248382845
    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_IE_EURO_SUPER_95
    series_kind
    pre-tax
    country_iso2
    IE
    country_name
    Ireland
    country_slug
    ireland
    variation_label
    week-to-week
    observation_date
    2023-05-01
    same_observation
    false
    volatility_units
    0.11201109355747471
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.002870000000000039
    change_pct_from_t0
    0.3509544248382845
    observation_gap_days
    5
    normal_volatility_pct
    3.1332113069515213
    change_in_volatility_units
    0.11201109355747471
    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
    0.82064
    status
    OBSERVED
    country
    Ireland
    z_score
    -0.8909409457784747
    t0_value
    0.81777
    fuel_type
    EURO_SUPER_95
    change_pct
    0.3509544248382845
    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_IE_EURO_SUPER_95
    series_kind
    pre-tax
    country_iso2
    IE
    country_name
    Ireland
    country_slug
    ireland
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2023-05-01
    same_observation
    false
    volatility_units
    0.11201109355747471
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.002870000000000039
    change_pct_from_t0
    0.3509544248382845
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    5
    normal_volatility_pct
    3.1332113069515213
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    0.11201109355747471

    Template event.price_move.within_normal v1.1 · Fingerprint cc94c00f7fc7dc04c0ec3a7bb011e47e750f8cbdc21a45b0a093350252a0ce11 · 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), Ireland's tax-inclusive petrol price moved +1.7%, which is 1.0 times its normal week-to-week variation over the previous three years — within that range.

    about IrelandCalculatedOfficial
    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
    1.6287
    status
    OBSERVED
    country
    Ireland
    z_score
    -0.6661959574881766
    t0_value
    1.6016
    fuel_type
    EURO_SUPER_95
    change_pct
    1.6920579420579498
    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_IE_EURO_SUPER_95
    series_kind
    tax-inclusive
    country_iso2
    IE
    country_name
    Ireland
    country_slug
    ireland
    variation_label
    week-to-week
    observation_date
    2023-02-06
    same_observation
    false
    volatility_units
    1.0426396431848028
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.027100000000000124
    change_pct_from_t0
    1.6920579420579498
    observation_gap_days
    6
    normal_volatility_pct
    1.6228597800957014
    change_in_volatility_units
    1.0426396431848028
    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
    1.6287
    status
    OBSERVED
    country
    Ireland
    z_score
    -0.6661959574881766
    t0_value
    1.6016
    fuel_type
    EURO_SUPER_95
    change_pct
    1.6920579420579498
    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_IE_EURO_SUPER_95
    series_kind
    tax-inclusive
    country_iso2
    IE
    country_name
    Ireland
    country_slug
    ireland
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2023-02-06
    same_observation
    false
    volatility_units
    1.0426396431848028
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.027100000000000124
    change_pct_from_t0
    1.6920579420579498
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    6
    normal_volatility_pct
    1.6228597800957014
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    1.0426396431848028

    Template event.price_move.within_normal v1.1 · Fingerprint 6e9df1190f2eb8736491f2e127d448fff641bfb5e77f776150547316164adcb4 · 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), Ireland's tax-inclusive petrol price moved +0.4%, which is 0.2 times its normal week-to-week variation over the previous three years — within that range.

    about IrelandCalculatedOfficial
    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
    1.608
    status
    OBSERVED
    country
    Ireland
    z_score
    -0.8635441954911136
    t0_value
    1.6016
    fuel_type
    EURO_SUPER_95
    change_pct
    0.39960039960041105
    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_IE_EURO_SUPER_95
    series_kind
    tax-inclusive
    country_iso2
    IE
    country_name
    Ireland
    country_slug
    ireland
    variation_label
    week-to-week
    observation_date
    2023-03-06
    same_observation
    false
    volatility_units
    0.24623224045693354
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.006400000000000183
    change_pct_from_t0
    0.39960039960041105
    observation_gap_days
    1
    normal_volatility_pct
    1.6228597800957014
    change_in_volatility_units
    0.24623224045693354
    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
    1.608
    status
    OBSERVED
    country
    Ireland
    z_score
    -0.8635441954911136
    t0_value
    1.6016
    fuel_type
    EURO_SUPER_95
    change_pct
    0.39960039960041105
    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_IE_EURO_SUPER_95
    series_kind
    tax-inclusive
    country_iso2
    IE
    country_name
    Ireland
    country_slug
    ireland
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2023-03-06
    same_observation
    false
    volatility_units
    0.24623224045693354
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.006400000000000183
    change_pct_from_t0
    0.39960039960041105
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    1
    normal_volatility_pct
    1.6228597800957014
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    0.24623224045693354

    Template event.price_move.within_normal v1.1 · Fingerprint c9b532f02508ce4a316060ce6a8270254cda83f06b912923e3fec6aefbabf3fd · 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), Ireland's tax-inclusive petrol price moved +1.7%, which is 1.0 times its normal week-to-week variation over the previous three years — within that range.

    about IrelandCalculatedOfficial
    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
    1.6285
    status
    OBSERVED
    country
    Ireland
    z_score
    -0.6681027037490743
    t0_value
    1.6016
    fuel_type
    EURO_SUPER_95
    change_pct
    1.6795704295704388
    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_IE_EURO_SUPER_95
    series_kind
    tax-inclusive
    country_iso2
    IE
    country_name
    Ireland
    country_slug
    ireland
    variation_label
    week-to-week
    observation_date
    2023-05-01
    same_observation
    false
    volatility_units
    1.0349448856705248
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.026900000000000146
    change_pct_from_t0
    1.6795704295704388
    observation_gap_days
    5
    normal_volatility_pct
    1.6228597800957014
    change_in_volatility_units
    1.0349448856705248
    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
    1.6285
    status
    OBSERVED
    country
    Ireland
    z_score
    -0.6681027037490743
    t0_value
    1.6016
    fuel_type
    EURO_SUPER_95
    change_pct
    1.6795704295704388
    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_IE_EURO_SUPER_95
    series_kind
    tax-inclusive
    country_iso2
    IE
    country_name
    Ireland
    country_slug
    ireland
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2023-05-01
    same_observation
    false
    volatility_units
    1.0349448856705248
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.026900000000000146
    change_pct_from_t0
    1.6795704295704388
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    5
    normal_volatility_pct
    1.6228597800957014
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    1.0349448856705248

    Template event.price_move.within_normal v1.1 · Fingerprint 0a651275016bc28a10f24570354fc891c0d94e750b4e30459ffff0e9cbb6589a · 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), Ireland's pre-tax diesel price moved +1.9%, which is 0.6 times its normal week-to-week variation over the previous three years — within that range.

    about IrelandCalculatedOfficial
    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
    0.97631
    status
    OBSERVED
    country
    Ireland
    z_score
    -1.0374608280205353
    t0_value
    0.9577000000000001
    fuel_type
    DIESEL
    change_pct
    1.9431972433956253
    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_IE_DIESEL
    series_kind
    pre-tax
    country_iso2
    IE
    country_name
    Ireland
    country_slug
    ireland
    variation_label
    week-to-week
    observation_date
    2023-02-06
    same_observation
    false
    volatility_units
    0.5951941484553913
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.018609999999999904
    change_pct_from_t0
    1.9431972433956253
    observation_gap_days
    6
    normal_volatility_pct
    3.2648124119474007
    change_in_volatility_units
    0.5951941484553913
    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
    0.97631
    status
    OBSERVED
    country
    Ireland
    z_score
    -1.0374608280205353
    t0_value
    0.9577000000000001
    fuel_type
    DIESEL
    change_pct
    1.9431972433956253
    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_IE_DIESEL
    series_kind
    pre-tax
    country_iso2
    IE
    country_name
    Ireland
    country_slug
    ireland
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2023-02-06
    same_observation
    false
    volatility_units
    0.5951941484553913
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.018609999999999904
    change_pct_from_t0
    1.9431972433956253
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    6
    normal_volatility_pct
    3.2648124119474007
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    0.5951941484553913

    Template event.price_move.within_normal v1.1 · Fingerprint fe623adc2d1bacfe12f99f8ea630bf2537d12e3e38bdc8548406439c52b64c24 · 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), Ireland's pre-tax diesel price moved -6.1%, which is 1.9 times its normal week-to-week variation over the previous three years — within that range.

    about IrelandCalculatedOfficial
    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
    0.8991
    status
    OBSERVED
    country
    Ireland
    z_score
    -1.7125312029392463
    t0_value
    0.9577000000000001
    fuel_type
    DIESEL
    change_pct
    -6.118826354808405
    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_IE_DIESEL
    series_kind
    pre-tax
    country_iso2
    IE
    country_name
    Ireland
    country_slug
    ireland
    variation_label
    week-to-week
    observation_date
    2023-03-06
    same_observation
    false
    volatility_units
    -1.8741739440884562
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.058600000000000096
    change_pct_from_t0
    -6.118826354808405
    observation_gap_days
    1
    normal_volatility_pct
    3.2648124119474007
    change_in_volatility_units
    -1.8741739440884562
    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
    0.8991
    status
    OBSERVED
    country
    Ireland
    z_score
    -1.7125312029392463
    t0_value
    0.9577000000000001
    fuel_type
    DIESEL
    change_pct
    -6.118826354808405
    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_IE_DIESEL
    series_kind
    pre-tax
    country_iso2
    IE
    country_name
    Ireland
    country_slug
    ireland
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2023-03-06
    same_observation
    false
    volatility_units
    -1.8741739440884562
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.058600000000000096
    change_pct_from_t0
    -6.118826354808405
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    1
    normal_volatility_pct
    3.2648124119474007
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    -1.8741739440884562

    Template event.price_move.within_normal v1.1 · Fingerprint f0578b76f1df53d8735cb2412d5326b1b350a0d527ce7d1b1e18a0f9d0f7a884 · 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), Ireland's pre-tax diesel price moved -14.5%, which is 4.4 times its normal week-to-week variation over the previous three years — outside that range.

    about IrelandCalculatedOfficial
    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
    0.81918
    status
    OBSERVED
    country
    Ireland
    z_score
    -2.411295927243137
    t0_value
    0.9577000000000001
    fuel_type
    DIESEL
    change_pct
    -14.463819567714324
    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_IE_DIESEL
    series_kind
    pre-tax
    country_iso2
    IE
    country_name
    Ireland
    country_slug
    ireland
    variation_label
    week-to-week
    observation_date
    2023-05-01
    same_observation
    false
    volatility_units
    -4.430214585923766
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.1385200000000001
    change_pct_from_t0
    -14.463819567714324
    observation_gap_days
    5
    normal_volatility_pct
    3.2648124119474007
    change_in_volatility_units
    -4.430214585923766
    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
    0.81918
    status
    OBSERVED
    country
    Ireland
    z_score
    -2.411295927243137
    t0_value
    0.9577000000000001
    fuel_type
    DIESEL
    change_pct
    -14.463819567714324
    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_IE_DIESEL
    series_kind
    pre-tax
    country_iso2
    IE
    country_name
    Ireland
    country_slug
    ireland
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2023-05-01
    same_observation
    false
    volatility_units
    -4.430214585923766
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.1385200000000001
    change_pct_from_t0
    -14.463819567714324
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    5
    normal_volatility_pct
    3.2648124119474007
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    -4.430214585923766

    Template event.price_move.outside_normal v1.1 · Fingerprint 04956bbdf6c198905a6dc64a63b8c6dab24bfa34e9c87e879cf3c25e6b786a7e · 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), Ireland's tax-inclusive diesel price moved +1.3%, which is 0.8 times its normal week-to-week variation over the previous three years — within that range.

    about IrelandCalculatedOfficial
    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
    1.7254
    status
    OBSERVED
    country
    Ireland
    z_score
    -1.0374238279477046
    t0_value
    1.7025000000000001
    fuel_type
    DIESEL
    change_pct
    1.3450807635829614
    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_IE_DIESEL
    series_kind
    tax-inclusive
    country_iso2
    IE
    country_name
    Ireland
    country_slug
    ireland
    variation_label
    week-to-week
    observation_date
    2023-02-06
    same_observation
    false
    volatility_units
    0.7511377216993288
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.02289999999999992
    change_pct_from_t0
    1.3450807635829614
    observation_gap_days
    6
    normal_volatility_pct
    1.7907245565299683
    change_in_volatility_units
    0.7511377216993288
    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
    1.7254
    status
    OBSERVED
    country
    Ireland
    z_score
    -1.0374238279477046
    t0_value
    1.7025000000000001
    fuel_type
    DIESEL
    change_pct
    1.3450807635829614
    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_IE_DIESEL
    series_kind
    tax-inclusive
    country_iso2
    IE
    country_name
    Ireland
    country_slug
    ireland
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2023-02-06
    same_observation
    false
    volatility_units
    0.7511377216993288
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.02289999999999992
    change_pct_from_t0
    1.3450807635829614
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    6
    normal_volatility_pct
    1.7907245565299683
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    0.7511377216993288

    Template event.price_move.within_normal v1.1 · Fingerprint 8b2e0f223767dc8ad62cf34aa0cb6b7274f3149b4bcf9153ffe5c2d4df748f30 · 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), Ireland's tax-inclusive diesel price moved -2.9%, which is 1.6 times its normal week-to-week variation over the previous three years — within that range.

    about IrelandCalculatedOfficial
    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
    1.6538
    status
    OBSERVED
    country
    Ireland
    z_score
    -1.5463815095080402
    t0_value
    1.7025000000000001
    fuel_type
    DIESEL
    change_pct
    -2.86049926578562
    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_IE_DIESEL
    series_kind
    tax-inclusive
    country_iso2
    IE
    country_name
    Ireland
    country_slug
    ireland
    variation_label
    week-to-week
    observation_date
    2023-03-06
    same_observation
    false
    volatility_units
    -1.5973976876313354
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.04870000000000019
    change_pct_from_t0
    -2.86049926578562
    observation_gap_days
    1
    normal_volatility_pct
    1.7907245565299683
    change_in_volatility_units
    -1.5973976876313354
    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
    1.6538
    status
    OBSERVED
    country
    Ireland
    z_score
    -1.5463815095080402
    t0_value
    1.7025000000000001
    fuel_type
    DIESEL
    change_pct
    -2.86049926578562
    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_IE_DIESEL
    series_kind
    tax-inclusive
    country_iso2
    IE
    country_name
    Ireland
    country_slug
    ireland
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2023-03-06
    same_observation
    false
    volatility_units
    -1.5973976876313354
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.04870000000000019
    change_pct_from_t0
    -2.86049926578562
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    1
    normal_volatility_pct
    1.7907245565299683
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    -1.5973976876313354

    Template event.price_move.within_normal v1.1 · Fingerprint aad3e2a8bb92b3d07d544d83835b11782ffaa56ff87d59957d525d140b58559a · 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), Ireland's tax-inclusive diesel price moved -8.6%, which is 4.8 times its normal week-to-week variation over the previous three years — outside that range.

    about IrelandCalculatedOfficial
    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
    1.5555
    status
    OBSERVED
    country
    Ireland
    z_score
    -2.2451320695273256
    t0_value
    1.7025000000000001
    fuel_type
    DIESEL
    change_pct
    -8.634361233480178
    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_IE_DIESEL
    series_kind
    tax-inclusive
    country_iso2
    IE
    country_name
    Ireland
    country_slug
    ireland
    variation_label
    week-to-week
    observation_date
    2023-05-01
    same_observation
    false
    volatility_units
    -4.821713759379989
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.14700000000000002
    change_pct_from_t0
    -8.634361233480178
    observation_gap_days
    5
    normal_volatility_pct
    1.7907245565299683
    change_in_volatility_units
    -4.821713759379989
    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
    1.5555
    status
    OBSERVED
    country
    Ireland
    z_score
    -2.2451320695273256
    t0_value
    1.7025000000000001
    fuel_type
    DIESEL
    change_pct
    -8.634361233480178
    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_IE_DIESEL
    series_kind
    tax-inclusive
    country_iso2
    IE
    country_name
    Ireland
    country_slug
    ireland
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2023-05-01
    same_observation
    false
    volatility_units
    -4.821713759379989
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.14700000000000002
    change_pct_from_t0
    -8.634361233480178
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    5
    normal_volatility_pct
    1.7907245565299683
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    -4.821713759379989

    Template event.price_move.outside_normal v1.1 · Fingerprint 11d0dae2ecda63c3643d95141e0a43eeb3cb5d47f10f6afa5c76a6eaa4313394 · 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 Ireland's pre-tax petrol price by +1.6 c/L (range +0.5–+2.8); it actually moved +1.4 c/L, leaving -0.3 c/L not explained by crude.

    about IrelandCalculatedMedium
    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
    Ireland
    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_IE_EURO_SUPER_95
    country_iso2
    IE
    country_name
    Ireland
    country_slug
    ireland
    offset_weeks
    4
    proxy_product
    GASOLINE
    proxy_to_date
    2023-02-27
    pass_through_k
    5
    proxy_from_date
    2023-01-30
    observation_date
    2023-02-27
    gap_eur_per_litre
    -0.0027472320350516097
    series_source_ids
    ["ec_weekly_oil_bulletin","eia_brent_rbrte"]
    anchor_period_start
    2023-01-30
    actual_eur_per_litre
    0.013739999999999974
    expected_eur_per_litre
    0.016487232035051584
    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
    0.005137218712168731
    expected_high_eur_per_litre
    0.027837245357934637
    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
    Ireland
    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_IE_EURO_SUPER_95
    country_iso2
    IE
    country_name
    Ireland
    country_slug
    ireland
    offset_weeks
    4
    proxy_product
    GASOLINE
    proxy_to_date
    2023-02-27
    pass_through_k
    5
    proxy_from_date
    2023-01-30
    statement_topic
    event
    observation_date
    2023-02-27
    gap_eur_per_litre
    -0.0027472320350516097
    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
    0.013739999999999974
    expected_eur_per_litre
    0.016487232035051584
    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
    0.005137218712168731
    expected_high_eur_per_litre
    0.027837245357934637
    proxy_normal_volatility_pct
    182.6569381415496

    Template event.crude_only.computed v1.1 · Fingerprint c44f8c2c7a16e051f47820ef6043cc0eb7a4275bbb5eef5d67240fa7f57692e2 · 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 Ireland's pre-tax petrol price by +5.0 c/L (range -0.2–+10.3); it actually moved +0.3 c/L, leaving -4.7 c/L not explained by crude.

    about IrelandCalculatedMedium
    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
    Ireland
    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_IE_EURO_SUPER_95
    country_iso2
    IE
    country_name
    Ireland
    country_slug
    ireland
    offset_weeks
    13
    proxy_product
    GASOLINE
    proxy_to_date
    2023-04-28
    pass_through_k
    5
    proxy_from_date
    2023-01-30
    observation_date
    2023-05-01
    gap_eur_per_litre
    -0.047474857077132546
    series_source_ids
    ["ec_weekly_oil_bulletin","eia_brent_rbrte"]
    anchor_period_start
    2023-01-30
    actual_eur_per_litre
    0.002870000000000039
    expected_eur_per_litre
    0.050344857077132585
    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
    -0.0024022082707430698
    expected_high_eur_per_litre
    0.10309192242500777
    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
    Ireland
    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_IE_EURO_SUPER_95
    country_iso2
    IE
    country_name
    Ireland
    country_slug
    ireland
    offset_weeks
    13
    proxy_product
    GASOLINE
    proxy_to_date
    2023-04-28
    pass_through_k
    5
    proxy_from_date
    2023-01-30
    statement_topic
    event
    observation_date
    2023-05-01
    gap_eur_per_litre
    -0.047474857077132546
    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
    0.002870000000000039
    expected_eur_per_litre
    0.050344857077132585
    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
    -0.0024022082707430698
    expected_high_eur_per_litre
    0.10309192242500777
    proxy_normal_volatility_pct
    182.6569381415496

    Template event.crude_only.computed v1.1 · Fingerprint 4b182d6ec975b8b5189ac07784d00e27fbbc1ddb473249ad1f788a5ddc6445ed · 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 Ireland's pre-tax diesel price by +3.2 c/L (range +1.3–+5.2); it actually moved -2.2 c/L, leaving -5.4 c/L not explained by crude.

    about IrelandCalculatedMedium
    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
    Ireland
    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_IE_DIESEL
    country_iso2
    IE
    country_name
    Ireland
    country_slug
    ireland
    offset_weeks
    4
    proxy_product
    DIESEL
    proxy_to_date
    2023-02-27
    pass_through_k
    4
    proxy_from_date
    2023-01-30
    observation_date
    2023-02-27
    gap_eur_per_litre
    -0.05420576799043539
    series_source_ids
    ["ec_weekly_oil_bulletin","eia_brent_rbrte"]
    anchor_period_start
    2023-01-30
    actual_eur_per_litre
    -0.021710000000000118
    expected_eur_per_litre
    0.03249576799043527
    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
    0.012793426382123137
    expected_high_eur_per_litre
    0.05219810959874717
    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
    Ireland
    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_IE_DIESEL
    country_iso2
    IE
    country_name
    Ireland
    country_slug
    ireland
    offset_weeks
    4
    proxy_product
    DIESEL
    proxy_to_date
    2023-02-27
    pass_through_k
    4
    proxy_from_date
    2023-01-30
    statement_topic
    event
    observation_date
    2023-02-27
    gap_eur_per_litre
    -0.05420576799043539
    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
    -0.021710000000000118
    expected_eur_per_litre
    0.03249576799043527
    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
    0.012793426382123137
    expected_high_eur_per_litre
    0.05219810959874717
    proxy_normal_volatility_pct
    9.833812917722621

    Template event.crude_only.computed v1.1 · Fingerprint 7a79a7b07389fda055f50f06ba81ae13ab9e4bed7a43147510e5b8e7d84ea02c · 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 Ireland's pre-tax diesel price by +11.7 c/L (range +3.5–+19.9); it actually moved -13.9 c/L, leaving -25.6 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 IrelandCalculatedMedium
    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
    Ireland
    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_IE_DIESEL
    country_iso2
    IE
    country_name
    Ireland
    country_slug
    ireland
    offset_weeks
    13
    proxy_product
    DIESEL
    proxy_to_date
    2023-04-28
    pass_through_k
    4
    proxy_from_date
    2023-01-30
    observation_date
    2023-05-01
    gap_eur_per_litre
    -0.25555301988761325
    series_source_ids
    ["ec_weekly_oil_bulletin","eia_brent_rbrte"]
    anchor_period_start
    2023-01-30
    actual_eur_per_litre
    -0.1385200000000001
    expected_eur_per_litre
    0.11703301988761317
    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
    0.03484089280081485
    expected_high_eur_per_litre
    0.19922514697441124
    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
    Ireland
    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_IE_DIESEL
    country_iso2
    IE
    country_name
    Ireland
    country_slug
    ireland
    offset_weeks
    13
    proxy_product
    DIESEL
    proxy_to_date
    2023-04-28
    pass_through_k
    4
    proxy_from_date
    2023-01-30
    statement_topic
    event
    observation_date
    2023-05-01
    gap_eur_per_litre
    -0.25555301988761325
    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
    -0.1385200000000001
    expected_eur_per_litre
    0.11703301988761317
    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
    0.03484089280081485
    expected_high_eur_per_litre
    0.19922514697441124
    proxy_normal_volatility_pct
    9.833812917722621

    Template event.crude_only.computed_with_proxy v1.1 · Fingerprint b7477e9427e1a65060edcfef8c753d459b0f4c014518fe62194bf9621b10bfd0 · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  17. Direct physical dependence on Hormuz-linked crude was limited (0%) for Ireland in 2023-02.

    about IrelandCalculatedLow
    Why this sentence
    Variables
    t0
    2023-02-05T00:00:00+00:00
    band
    limited
    unit
    % of imported tonnes
    period
    2023-02
    status
    OBSERVED
    country
    Ireland
    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
    IE
    country_name
    Ireland
    country_slug
    ireland
    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
    Ireland
    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
    IE
    country_name
    Ireland
    country_slug
    ireland
    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 0c941e06fd3a548747ac6929125e2cce626b654502e72b4cbbb57ef309a44c97 · 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 Ireland in 2023-02.

    about IrelandCalculatedLow
    Why this sentence
    Variables
    t0
    2023-02-05T00:00:00+00:00
    band
    limited
    unit
    % of imported tonnes
    period
    2023-02
    status
    OBSERVED
    country
    Ireland
    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
    IE
    country_name
    Ireland
    country_slug
    ireland
    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
    Ireland
    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
    IE
    country_name
    Ireland
    country_slug
    ireland
    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 2d5b55ead3f490426432cc9e8699d9e6884513e0e0297d76b68020d648b89bec · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  19. Available evidence does not show a physical supply reduction: Ireland's reported crude imports in 2023-02 were -7.1% against the mean of the previous 12 months.

    about IrelandCalculatedOfficial
    Why this sentence
    Variables
    t0
    2023-02-05T00:00:00+00:00
    unit
    tonnes
    month
    2023-02
    country
    Ireland
    change_pct
    -7.050630986772089
    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
    IE
    country_name
    Ireland
    country_slug
    ireland
    partner_role
    ORIGIN
    value_tonnes
    241984
    baseline_months
    12
    observation_date
    2023-02-01
    series_source_ids
    ["eurostat_nrg_ti_oilm"]
    baseline_mean_tonnes
    260339.58333333334
    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
    Ireland
    change_pct
    -7.050630986772089
    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
    IE
    country_name
    Ireland
    country_slug
    ireland
    partner_role
    ORIGIN
    value_tonnes
    241984
    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
    260339.58333333334
    study_calculation_version
    event_study-1.0

    Template event.supply.no_reduction v1.1 · Fingerprint bbcd47bf72d4062b8f3163cd9717f20794de0699fe1d2fb3f32c4cf1abe8d6d6 · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  20. In 2023-02, Ireland's oil stocks stood 7.6% above their trailing 12-month mean, with 85.0 days of cover (as published).

    about IrelandCalculatedOfficial
    Why this sentence
    Variables
    t0
    2023-02-05T00:00:00+00:00
    unit
    tonnes
    month
    2023-02
    status
    OBSERVED
    country
    Ireland
    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_IE
    country_iso2
    IE
    country_name
    Ireland
    country_slug
    ireland
    days_of_cover
    85
    metric_status
    COMPUTED
    mom_change_pct
    -2.064525759169591
    observation_date
    2023-02-01
    series_source_ids
    ["eurostat_nrg_stk_oem","eurostat_nrg_stk_oilm"]
    total_stock_tonnes
    1942082
    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
    1805054.4166666667
    level_vs_trailing_12m_pct
    7.591327002006818
    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
    7.591327002006818
    level_vs_trailing_12m_pct_shown
    7.6
    inventory_material_deviation_pct
    5
    Inputs
    t0
    2023-02-05T00:00:00+00:00
    unit
    tonnes
    month
    2023-02
    status
    OBSERVED
    country
    Ireland
    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_IE
    country_iso2
    IE
    country_name
    Ireland
    country_slug
    ireland
    days_of_cover
    85
    metric_status
    COMPUTED
    mom_change_pct
    -2.064525759169591
    statement_topic
    event
    observation_date
    2023-02-01
    series_source_ids
    ["eurostat_nrg_stk_oem","eurostat_nrg_stk_oilm"]
    total_stock_tonnes
    1942082
    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
    1805054.4166666667
    level_vs_trailing_12m_pct
    7.591327002006818
    study_calculation_version
    event_study-1.0
    trailing_12m_observations
    12

    Template event.inventory_level.above v1.1 · Fingerprint 919cd8559c37cef1de775ffeac4da635ec53acc01fe7380839be4fa291261427 · 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 Ireland 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 limited (0–0%) over the period covered. This page describes what each series did around the event date. It is not a finding about cause: no causal design is published for this site, and a series that moved in the same window may have moved for other reasons.

    about IrelandUnknownUnknown
    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
    Ireland
    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
    IE
    country_name
    Ireland
    country_slug
    ireland
    dependence_band
    limited
    dependence_range
    0–0%
    channels_available
    ["crude benchmark","inventories","pre-tax pump price","pump price with tax"]
    supply_template_id
    event.supply.no_reduction
    channels_unavailable
    ["refined-product benchmark","refining margin","freight rates","wholesale prices"]
    Thresholds
    source
    v1 choice of this module; the channel list is docs/PRICE_MODEL.md §2.3
    channels_total
    8
    channels_available
    4
    verdict_partial_min_channels
    3
    verdict_assessable_min_channels
    8
    Inputs
    t0
    2023-02-05T00:00:00+00:00
    event
    EU import ban on Russian refined petroleum products (in force 5 February 2023)
    country
    Ireland
    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
    IE
    country_name
    Ireland
    country_slug
    ireland
    dependence_band
    limited
    statement_topic
    event
    dependence_range
    0–0%
    channels_available
    ["crude benchmark","inventories","pre-tax pump price","pump price with tax"]
    supply_template_id
    event.supply.no_reduction
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    channels_unavailable
    ["refined-product benchmark","refining margin","freight rates","wholesale prices"]
    study_calculation_version
    event_study-1.0

    Template event.verdict.partial v1.1 · Fingerprint 194cf6bfd44a78541a3c65fede952f8d76f5b185f57a3ae6865042b88cf8b8d8 · 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.

Ireland: 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.