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.

Slovakia, 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
T0−30T0+30+60+9088.2974.522023-01-06: 76.41 $ per barrel, used for offsets −302023-01-20: 86.96 $ per barrel, used for offsets −142023-01-27: 85.36 $ per barrel, used for offsets −72023-02-02: 80.57 $ per barrel, used for offsets −3same print as T0 — 2023-02-03, 78.85 $ per barrel, used for offsets −1, T02023-02-06: 80.48 $ per barrel, used for offsets +12023-02-08: 84.17 $ per barrel, used for offsets +32023-02-10: 85.46 $ per barrel, used for offsets +72023-02-17: 81.97 $ per barrel, used for offsets +142023-03-06: 85.86 $ per barrel, used for offsets +302023-04-06: 86.56 $ per barrel, used for offsets +602023-05-05: 75.85 $ per barrel, used for offsets +90

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

Window table for Europe Brent spot FOB: value, change from the event date and change in volatility units at each offset.
OffsetPrint usedValueΔ absΔ %Volatility units
−302023-01-0676.41-2.440-3.09%-0.68
−142023-01-2086.96+8.110+10.29%+2.27
−72023-01-2785.36+6.510+8.26%+1.82
−32023-02-0280.57+1.720+2.18%+0.48
−12023-02-03same print as T078.850.0000.00%0.00
T02023-02-03same print as T078.850.0000.00%0.00
+12023-02-0680.48+1.630+2.07%+0.46
+32023-02-0884.17+5.320+6.75%+1.49
+72023-02-1085.46+6.610+8.38%+1.85
+142023-02-1781.97+3.120+3.96%+0.87
+302023-03-0685.86+7.010+8.89%+1.96
+602023-04-0686.56+7.710+9.78%+2.16
+902023-05-0575.85-3.000-3.80%-0.84

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

reported crude oil imports, all origins

Unit: tonnesPublished: monthlyCalculatedOfficial
T0−30T0+30+60+90614,485228,0042023-01-01: 577,084 tonnes, used for offsets −30, −14, −7same print as T0 — 2023-02-01, 265,405 tonnes, used for offsets −3, −1, T0, +1, +3, +7, +142023-03-01: 452,233 tonnes, used for offsets +302023-04-01: 450,173 tonnes, used for offsets +602023-05-01: 352,379 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
−302023-01-01577,084+311,679+117.44%+5.10
−142023-01-01577,084+311,679+117.44%+5.10
−72023-01-01577,084+311,679+117.44%+5.10
−32023-02-01same print as T0265,4050.0000.00%0.00
−12023-02-01same print as T0265,4050.0000.00%0.00
T02023-02-01same print as T0265,4050.0000.00%0.00
+12023-02-01same print as T0265,4050.0000.00%0.00
+32023-02-01same print as T0265,4050.0000.00%0.00
+72023-02-01same print as T0265,4050.0000.00%0.00
+142023-02-01same print as T0265,4050.0000.00%0.00
+302023-03-01452,233+186,828+70.39%+3.05
+602023-04-01450,173+184,768+69.62%+3.02
+902023-05-01352,379+86,974+32.77%+1.42

One volatility unit for this series is 23.04%, the standard deviation of its own month-on-month percentage changes over the three years before the event (35 changes). It is not a significance test.

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

Unit: € per litrePublished: weeklyCalculatedMedium
T0−30T0+30+60+900.9990.9002023-01-02: 0.9197 € per litre, used for offsets −302023-01-16: 0.9096 € per litre, used for offsets −142023-01-23: 0.9266 € per litre, used for offsets −7same print as T0 — 2023-01-30, 0.9407 € per litre, used for offsets −3, −1, T02023-02-06: 0.9398 € per litre, used for offsets +1, +3, +72023-02-13: 0.9374 € per litre, used for offsets +142023-03-06: 0.9603 € per litre, used for offsets +302023-04-03: 0.9479 € per litre, used for offsets +602023-05-01: 0.9892 € 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
−302023-01-020.9197-0.021-2.23%-0.06
−142023-01-160.9096-0.031-3.31%-0.09
−72023-01-230.9266-0.014-1.49%-0.04
−32023-01-30same print as T00.94070.0000.00%0.00
−12023-01-30same print as T00.94070.0000.00%0.00
T02023-01-30same print as T00.94070.0000.00%0.00
+12023-02-060.9398-0.001-0.09%-0.00
+32023-02-060.9398-0.001-0.09%-0.00
+72023-02-060.9398-0.001-0.09%-0.00
+142023-02-130.9374-0.003-0.35%-0.01
+302023-03-060.9603+0.020+2.09%+0.05
+602023-04-030.9479+0.007+0.77%+0.02
+902023-05-010.9892+0.049+5.16%+0.13

One volatility unit for this series is 38.63%, 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
T0−30T0+30+60+900.8060.7462023-01-02: 0.7571 € per litre, used for offsets −302023-01-16: 0.7521 € per litre, used for offsets −142023-01-23: 0.7608 € per litre, used for offsets −7same print as T0 — 2023-01-30, 0.7714 € per litre, used for offsets −3, −1, T02023-02-06: 0.7659 € per litre, used for offsets +1, +3, +72023-02-13: 0.7668 € per litre, used for offsets +142023-03-06: 0.7749 € per litre, used for offsets +302023-04-03: 0.7698 € per litre, used for offsets +602023-05-01: 0.8004 € 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
−302023-01-020.7571-0.014-1.85%-0.98
−142023-01-160.7521-0.019-2.50%-1.32
−72023-01-230.7608-0.011-1.36%-0.72
−32023-01-30same print as T00.77140.0000.00%0.00
−12023-01-30same print as T00.77140.0000.00%0.00
T02023-01-30same print as T00.77140.0000.00%0.00
+12023-02-060.7659-0.005-0.71%-0.38
+32023-02-060.7659-0.005-0.71%-0.38
+72023-02-060.7659-0.005-0.71%-0.38
+142023-02-130.7668-0.005-0.60%-0.32
+302023-03-060.7749+0.004+0.46%+0.24
+602023-04-030.7698-0.002-0.20%-0.11
+902023-05-010.8004+0.029+3.76%+1.99

One volatility unit for this series is 1.89%, the standard deviation of its own week-on-week percentage changes over the three years before the event (149 changes). It is not a significance test.

ECB euro foreign exchange reference rate

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

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

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

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

direct crude Hormuz exposure D1

Unit: % of imported tonnesPublished: monthlyCalculatedHigh
T0−30T0+30+60+901.0000.0002023-01-01: 0 % of imported tonnes, used for offsets −30, −14, −7same print as T0 — 2023-02-01, 0 % of imported tonnes, used for offsets −3, −1, T0, +1, +3, +7, +142023-03-01: 0 % of imported tonnes, used for offsets +302023-04-01: 0 % of imported tonnes, used for offsets +602023-05-01: 0 % of imported tonnes, used for offsets +90

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

Window table for direct 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
T0−30T0+30+60+901.0000.0002023-01-01: 0 % of imported tonnes, used for offsets −30, −14, −7same print as T0 — 2023-02-01, 0 % of imported tonnes, used for offsets −3, −1, T0, +1, +3, +7, +142023-03-01: 0 % of imported tonnes, used for offsets +302023-04-01: 0 % of imported tonnes, used for offsets +602023-05-01: 0 % of imported tonnes, used for offsets +90

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

Window table for direct refined-product Hormuz exposure D2: value, change from the event date and change in volatility units at each offset.
OffsetPrint usedValueΔ absΔ %Volatility units
−302023-01-0100.000not publishednot published
−142023-01-0100.000not publishednot published
−72023-01-0100.000not publishednot published
−32023-02-01same print as T000.000not publishednot published
−12023-02-01same print as T000.000not publishednot published
T02023-02-01same print as T000.000not publishednot published
+12023-02-01same print as T000.000not publishednot published
+32023-02-01same print as T000.000not publishednot published
+72023-02-01same print as T000.000not publishednot published
+142023-02-01same print as T000.000not publishednot published
+302023-03-0100.000not publishednot published
+602023-04-0100.000not publishednot published
+902023-05-0100.000not publishednot published

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

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

Unit: days of coverPublished: monthlyCalculatedOfficial
T0−30T0+30+60+90101.199.92023-01-01: 100.0 days of cover, used for offsets −30, −14, −7same print as T0 — 2023-02-01, 101.0 days of cover, used for offsets −3, −1, T0, +1, +3, +7, +142023-03-01: 101.0 days of cover, used for offsets +302023-04-01: 101.0 days of cover, used for offsets +602023-05-01: 101.0 days of cover, used for offsets +90

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

Window table for inventory exposure D7: published days of emergency stock cover, carried through: value, change from the event date and change in volatility units at each offset.
OffsetPrint usedValueΔ absΔ %Volatility units
−302023-01-01100.0-1.000-0.99%-0.30
−142023-01-01100.0-1.000-0.99%-0.30
−72023-01-01100.0-1.000-0.99%-0.30
−32023-02-01same print as T0101.00.0000.00%0.00
−12023-02-01same print as T0101.00.0000.00%0.00
T02023-02-01same print as T0101.00.0000.00%0.00
+12023-02-01same print as T0101.00.0000.00%0.00
+32023-02-01same print as T0101.00.0000.00%0.00
+72023-02-01same print as T0101.00.0000.00%0.00
+142023-02-01same print as T0101.00.0000.00%0.00
+302023-03-01101.00.0000.00%0.00
+602023-04-01101.00.0000.00%0.00
+902023-05-01101.00.0000.00%0.00

One volatility unit for this series is 3.33%, 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: weeklyCalculatedMedium
T0−30T0+30+60+900.5050.4172023-01-02: 0.4598 € per litre, used for offsets −302023-01-16: 0.4913 € per litre, used for offsets −142023-01-23: 0.4969 € per litre, used for offsets −7same print as T0 — 2023-01-30, 0.4720 € per litre, used for offsets −3, −1, T02023-02-06: 0.4881 € per litre, used for offsets +1, +3, +72023-02-13: 0.4951 € per litre, used for offsets +142023-03-06: 0.4922 € per litre, used for offsets +302023-04-03: 0.4959 € per litre, used for offsets +602023-05-01: 0.4258 € per litre, used for offsets +90

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

Window table for crude cost per litre: Brent in EUR/L averaged over the bulletin week (refinery yield not modelled): value, change from the event date and change in volatility units at each offset.
OffsetPrint usedValueΔ absΔ %Volatility units
−302023-01-020.4598-0.012-2.58%-0.32
−142023-01-160.4913+0.019+4.09%+0.51
−72023-01-230.4969+0.025+5.28%+0.65
−32023-01-30same print as T00.47200.0000.00%0.00
−12023-01-30same print as T00.47200.0000.00%0.00
T02023-01-30same print as T00.47200.0000.00%0.00
+12023-02-060.4881+0.016+3.41%+0.42
+32023-02-060.4881+0.016+3.41%+0.42
+72023-02-060.4881+0.016+3.41%+0.42
+142023-02-130.4951+0.023+4.89%+0.61
+302023-03-060.4922+0.020+4.28%+0.53
+602023-04-030.4959+0.024+5.07%+0.63
+902023-05-010.4258-0.046-9.79%-1.21

One volatility unit for this series is 8.07%, the standard deviation of its own week-on-week percentage changes over the three years before the event (149 changes). It is not a significance test.

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

Unit: € per litrePublished: weeklyCalculatedMedium
T0−30T0+30+60+900.5050.4172023-01-02: 0.4598 € per litre, used for offsets −302023-01-16: 0.4913 € per litre, used for offsets −142023-01-23: 0.4969 € per litre, used for offsets −7same print as T0 — 2023-01-30, 0.4720 € per litre, used for offsets −3, −1, T02023-02-06: 0.4881 € per litre, used for offsets +1, +3, +72023-02-13: 0.4951 € per litre, used for offsets +142023-03-06: 0.4922 € per litre, used for offsets +302023-04-03: 0.4959 € per litre, used for offsets +602023-05-01: 0.4258 € per litre, used for offsets +90

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

Window table for crude cost per litre: Brent in EUR/L averaged over the bulletin week (refinery yield not modelled): value, change from the event date and change in volatility units at each offset.
OffsetPrint usedValueΔ absΔ %Volatility units
−302023-01-020.4598-0.012-2.58%-0.32
−142023-01-160.4913+0.019+4.09%+0.51
−72023-01-230.4969+0.025+5.28%+0.65
−32023-01-30same print as T00.47200.0000.00%0.00
−12023-01-30same print as T00.47200.0000.00%0.00
T02023-01-30same print as T00.47200.0000.00%0.00
+12023-02-060.4881+0.016+3.41%+0.42
+32023-02-060.4881+0.016+3.41%+0.42
+72023-02-060.4881+0.016+3.41%+0.42
+142023-02-130.4951+0.023+4.89%+0.61
+302023-03-060.4922+0.020+4.28%+0.53
+602023-04-030.4959+0.024+5.07%+0.63
+902023-05-010.4258-0.046-9.79%-1.21

One volatility unit for this series is 8.07%, the standard deviation of its own week-on-week percentage changes over the three years before the event (149 changes). It is not a significance test.

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

Unit: tonnesPublished: monthlyCalculatedOfficial
T0−30T0+30+60+901,636,6211,545,0392023-01-01: 1,627,758 tonnes, used for offsets −30, −14, −7same print as T0 — 2023-02-01, 1,580,200 tonnes, used for offsets −3, −1, T0, +1, +3, +7, +142023-03-01: 1,588,813 tonnes, used for offsets +302023-04-01: 1,584,501 tonnes, used for offsets +602023-05-01: 1,553,902 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
−302023-01-011,627,758+47,558+3.01%+0.85
−142023-01-011,627,758+47,558+3.01%+0.85
−72023-01-011,627,758+47,558+3.01%+0.85
−32023-02-01same print as T01,580,2000.0000.00%0.00
−12023-02-01same print as T01,580,2000.0000.00%0.00
T02023-02-01same print as T01,580,2000.0000.00%0.00
+12023-02-01same print as T01,580,2000.0000.00%0.00
+32023-02-01same print as T01,580,2000.0000.00%0.00
+72023-02-01same print as T01,580,2000.0000.00%0.00
+142023-02-01same print as T01,580,2000.0000.00%0.00
+302023-03-011,588,813+8,613+0.55%+0.15
+602023-04-011,584,501+4,301+0.27%+0.08
+902023-05-011,553,902-26,298-1.66%-0.47

One volatility unit for this series is 3.53%, the standard deviation of its own month-on-month percentage changes over the three years before the event (35 changes). It is not a significance test.

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

Unit: € per litrePublished: weeklyCalculatedMedium
T0−30T0+30+60+900.066-0.2032023-01-02: 0.0260 € per litre, used for offsets −302023-01-16: 0.0403 € per litre, used for offsets −142023-01-23: 0.0149 € per litre, used for offsets −7same print as T0 — 2023-01-30, 0 € per litre, used for offsets −3, −1, T02023-02-06: -0.0033 € per litre, used for offsets +1, +3, +72023-02-13: -0.0409 € per litre, used for offsets +142023-03-06: -0.0705 € per litre, used for offsets +302023-04-03: -0.0947 € per litre, used for offsets +602023-05-01: -0.1768 € 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
−302023-01-020.0260+0.026not publishednot published
−142023-01-160.0403+0.040not publishednot published
−72023-01-230.0149+0.015not publishednot published
−32023-01-30same print as T000.000not publishednot published
−12023-01-30same print as T000.000not publishednot published
T02023-01-30same print as T000.000not publishednot published
+12023-02-06-0.0033-0.003not publishednot published
+32023-02-06-0.0033-0.003not publishednot published
+72023-02-06-0.0033-0.003not publishednot published
+142023-02-13-0.0409-0.041not publishednot published
+302023-03-06-0.0705-0.070not publishednot published
+602023-04-03-0.0947-0.095not publishednot published
+902023-05-01-0.1768-0.177not publishednot published

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

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

Unit: € per litrePublished: weeklyCalculatedMedium
T0−30T0+30+60+900.032-0.0732023-01-02: -0.0632 € per litre, used for offsets −302023-01-16: -0.0549 € per litre, used for offsets −142023-01-23: -0.0387 € per litre, used for offsets −7same print as T0 — 2023-01-30, 0 € per litre, used for offsets −3, −1, T02023-02-06: 0.0221 € per litre, used for offsets +1, +3, +72023-02-13: -0.0021 € per litre, used for offsets +142023-03-06: -0.0152 € per litre, used for offsets +302023-04-03: -0.0368 € per litre, used for offsets +602023-05-01: -0.0424 € 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
−302023-01-02-0.0632-0.063not publishednot published
−142023-01-16-0.0549-0.055not publishednot published
−72023-01-23-0.0387-0.039not 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
+12023-02-060.0221+0.022not publishednot published
+32023-02-060.0221+0.022not publishednot published
+72023-02-060.0221+0.022not publishednot published
+142023-02-13-0.0021-0.002not publishednot published
+302023-03-06-0.0152-0.015not publishednot published
+602023-04-03-0.0368-0.037not publishednot published
+902023-05-01-0.0424-0.042not publishednot published

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

Weekly Oil Bulletin price with taxes

Unit: € per litrePublished: weeklyCalculatedOfficial
T0−30T0+30+60+901.6371.4322023-01-02: 1.612 € per litre, used for offsets −302023-01-16: 1.617 € per litre, used for offsets −142023-01-23: 1.607 € per litre, used for offsets −7same print as T0 — 2023-01-30, 1.606 € per litre, used for offsets −3, −1, T02023-02-06: 1.601 € per litre, used for offsets +1, +3, +72023-02-13: 1.553 € per litre, used for offsets +142023-03-06: 1.545 € per litre, used for offsets +302023-04-03: 1.501 € per litre, used for offsets +602023-05-01: 1.452 € 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
−302023-01-021.612+0.006+0.37%+0.25
−142023-01-161.617+0.011+0.68%+0.47
−72023-01-231.607+0.001+0.06%+0.04
−32023-01-30same print as T01.6060.0000.00%0.00
−12023-01-30same print as T01.6060.0000.00%0.00
T02023-01-30same print as T01.6060.0000.00%0.00
+12023-02-061.601-0.005-0.31%-0.21
+32023-02-061.601-0.005-0.31%-0.21
+72023-02-061.601-0.005-0.31%-0.21
+142023-02-131.553-0.053-3.30%-2.25
+302023-03-061.545-0.061-3.80%-2.59
+602023-04-031.501-0.105-6.54%-4.45
+902023-05-011.452-0.154-9.59%-6.53

One volatility unit for this series is 1.47%, 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
T0−30T0+30+60+901.6121.4712023-01-02: 1.485 € per litre, used for offsets −302023-01-16: 1.489 € per litre, used for offsets −142023-01-23: 1.519 € per litre, used for offsets −7same print as T0 — 2023-01-30, 1.578 € per litre, used for offsets −3, −1, T02023-02-06: 1.598 € per litre, used for offsets +1, +3, +72023-02-13: 1.570 € per litre, used for offsets +142023-03-06: 1.564 € per litre, used for offsets +302023-04-03: 1.532 € per litre, used for offsets +602023-05-01: 1.562 € 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
−302023-01-021.485-0.093-5.89%-3.75
−142023-01-161.489-0.089-5.64%-3.59
−72023-01-231.519-0.059-3.74%-2.38
−32023-01-30same print as T01.5780.0000.00%0.00
−12023-01-30same print as T01.5780.0000.00%0.00
T02023-01-30same print as T01.5780.0000.00%0.00
+12023-02-061.598+0.020+1.27%+0.81
+32023-02-061.598+0.020+1.27%+0.81
+72023-02-061.598+0.020+1.27%+0.81
+142023-02-131.570-0.008-0.51%-0.32
+302023-03-061.564-0.014-0.89%-0.56
+602023-04-031.532-0.046-2.92%-1.85
+902023-05-011.562-0.016-1.01%-0.64

One volatility unit for this series is 1.57%, the standard deviation of its own week-on-week percentage changes over the three years before the event (149 changes). It is not a significance test.

Weekly Oil Bulletin price without taxes

Unit: € per litrePublished: weeklyCalculatedOfficial
T0−30T0+30+60+900.9660.7962023-01-02: 0.9457 € per litre, used for offsets −302023-01-16: 0.9499 € per litre, used for offsets −142023-01-23: 0.9415 € per litre, used for offsets −7same print as T0 — 2023-01-30, 0.9407 € per litre, used for offsets −3, −1, T02023-02-06: 0.9365 € per litre, used for offsets +1, +3, +72023-02-13: 0.8965 € per litre, used for offsets +142023-03-06: 0.8899 € per litre, used for offsets +302023-04-03: 0.8532 € per litre, used for offsets +602023-05-01: 0.8124 € 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
−302023-01-020.9457+0.005+0.53%+0.24
−142023-01-160.9499+0.009+0.97%+0.44
−72023-01-230.9415+0.001+0.09%+0.04
−32023-01-30same print as T00.94070.0000.00%0.00
−12023-01-30same print as T00.94070.0000.00%0.00
T02023-01-30same print as T00.94070.0000.00%0.00
+12023-02-060.9365-0.004-0.44%-0.20
+32023-02-060.9365-0.004-0.44%-0.20
+72023-02-060.9365-0.004-0.44%-0.20
+142023-02-130.8965-0.044-4.69%-2.11
+302023-03-060.8899-0.051-5.40%-2.43
+602023-04-030.8532-0.088-9.30%-4.19
+902023-05-010.8124-0.128-13.64%-6.15

One volatility unit for this series is 2.22%, the standard deviation of its own week-on-week percentage changes over the three years before the event (149 changes). It is not a significance test.

Weekly Oil Bulletin price without taxes

Unit: € per litrePublished: weeklyCalculatedOfficial
T0−30T0+30+60+900.7990.6832023-01-02: 0.6939 € per litre, used for offsets −302023-01-16: 0.6972 € per litre, used for offsets −142023-01-23: 0.7222 € per litre, used for offsets −7same print as T0 — 2023-01-30, 0.7714 € per litre, used for offsets −3, −1, T02023-02-06: 0.7880 € per litre, used for offsets +1, +3, +72023-02-13: 0.7647 € per litre, used for offsets +142023-03-06: 0.7597 € per litre, used for offsets +302023-04-03: 0.7330 € per litre, used for offsets +602023-05-01: 0.7580 € 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
−302023-01-020.6939-0.078-10.05%-3.28
−142023-01-160.6972-0.074-9.62%-3.14
−72023-01-230.7222-0.049-6.37%-2.08
−32023-01-30same print as T00.77140.0000.00%0.00
−12023-01-30same print as T00.77140.0000.00%0.00
T02023-01-30same print as T00.77140.0000.00%0.00
+12023-02-060.7880+0.017+2.16%+0.71
+32023-02-060.7880+0.017+2.16%+0.71
+72023-02-060.7880+0.017+2.16%+0.71
+142023-02-130.7647-0.007-0.86%-0.28
+302023-03-060.7597-0.012-1.51%-0.49
+602023-04-030.7330-0.038-4.97%-1.62
+902023-05-010.7580-0.013-1.73%-0.56

One volatility unit for this series is 3.06%, 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: weeklyCalculatedMedium
T0−30T0+30+60+900.6700.6362023-01-02: 0.6663 € per litre, used for offsets −302023-01-16: 0.6672 € per litre, used for offsets −142023-01-23: 0.6655 € per litre, used for offsets −7same print as T0 — 2023-01-30, 0.6653 € per litre, used for offsets −3, −1, T02023-02-06: 0.6645 € per litre, used for offsets +1, +3, +72023-02-13: 0.6565 € per litre, used for offsets +142023-03-06: 0.6552 € per litre, used for offsets +302023-04-03: 0.6478 € per litre, used for offsets +602023-05-01: 0.6397 € 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
−302023-01-020.6663+0.001+0.15%+0.26
−142023-01-160.6672+0.002+0.28%+0.48
−72023-01-230.6655+0.000+0.02%+0.04
−32023-01-30same print as T00.66530.0000.00%0.00
−12023-01-30same print as T00.66530.0000.00%0.00
T02023-01-30same print as T00.66530.0000.00%0.00
+12023-02-060.6645-0.001-0.13%-0.22
+32023-02-060.6645-0.001-0.13%-0.22
+72023-02-060.6645-0.001-0.13%-0.22
+142023-02-130.6565-0.009-1.33%-2.31
+302023-03-060.6552-0.010-1.53%-2.66
+602023-04-030.6478-0.017-2.63%-4.58
+902023-05-010.6397-0.026-3.86%-6.71

One volatility unit for this series is 0.57%, 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: weeklyCalculatedMedium
T0−30T0+30+60+900.8120.7892023-01-02: 0.7912 € per litre, used for offsets −302023-01-16: 0.7918 € per litre, used for offsets −142023-01-23: 0.7968 € per litre, used for offsets −7same print as T0 — 2023-01-30, 0.8067 € per litre, used for offsets −3, −1, T02023-02-06: 0.8100 € per litre, used for offsets +1, +3, +72023-02-13: 0.8053 € per litre, used for offsets +142023-03-06: 0.8043 € per litre, used for offsets +302023-04-03: 0.7990 € per litre, used for offsets +602023-05-01: 0.8040 € 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
−302023-01-020.7912-0.016-1.92%-3.95
−142023-01-160.7918-0.015-1.84%-3.77
−72023-01-230.7968-0.010-1.22%-2.50
−32023-01-30same print as T00.80670.0000.00%0.00
−12023-01-30same print as T00.80670.0000.00%0.00
T02023-01-30same print as T00.80670.0000.00%0.00
+12023-02-060.8100+0.003+0.41%+0.85
+32023-02-060.8100+0.003+0.41%+0.85
+72023-02-060.8100+0.003+0.41%+0.85
+142023-02-130.8053-0.001-0.16%-0.34
+302023-03-060.8043-0.002-0.29%-0.59
+602023-04-030.7990-0.008-0.95%-1.95
+902023-05-010.8040-0.003-0.33%-0.68

One volatility unit for this series is 0.49%, 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
T0−30T0+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
T0−30T0+30+60+9035.3121.572023-01-06: 23.63 $ per barrel, used for offsets −302023-01-20: 27.78 $ per barrel, used for offsets −142023-01-27: 27.70 $ per barrel, used for offsets −72023-02-02: 26.70 $ per barrel, used for offsets −3same print as T0 — 2023-02-03, 24.34 $ per barrel, used for offsets −1, T02023-02-06: 25.32 $ per barrel, used for offsets +12023-02-08: 25.07 $ per barrel, used for offsets +32023-02-10: 25.04 $ per barrel, used for offsets +72023-02-17: 22.90 $ per barrel, used for offsets +142023-03-06: 25.19 $ per barrel, used for offsets +302023-04-06: 33.98 $ per barrel, used for offsets +602023-05-05: 27.39 $ per barrel, used for offsets +90

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

Window table for US proxy - not a European price: US gasoline spot minus Brent spot, USD per barrel. A proxy for the Atlantic-basin product market, NOT a measure of European refining margins (§H).: value, change from the event date and change in volatility units at each offset.
OffsetPrint usedValueΔ absΔ %Volatility units
−302023-01-0623.63-0.710-2.92%-0.02
−142023-01-2027.78+3.440+14.13%+0.08
−72023-01-2727.70+3.360+13.80%+0.08
−32023-02-0226.70+2.354+9.67%+0.05
−12023-02-03same print as T024.340.0000.00%0.00
T02023-02-03same print as T024.340.0000.00%0.00
+12023-02-0625.32+0.974+4.00%+0.02
+32023-02-0825.07+0.728+2.99%+0.02
+72023-02-1025.04+0.698+2.87%+0.02
+142023-02-1722.90-1.440-5.92%-0.03
+302023-03-0625.19+0.844+3.47%+0.02
+602023-04-0633.98+9.636+39.58%+0.22
+902023-05-0527.39+3.042+12.50%+0.07

One volatility unit for this series is 182.66%, the standard deviation of its own day-on-day percentage changes over the three years before the event (735 changes). It is not a significance test.

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

Unit: $ per barrelPublished: dailyCalculatedLow
T0−30T0+30+60+9085.086.882023-01-06: 57.61 $ per barrel, used for offsets −302023-01-20: 77.51 $ per barrel, used for offsets −142023-01-27: 73.74 $ per barrel, used for offsets −72023-02-02: 35.06 $ per barrel, used for offsets −3same print as T0 — 2023-02-03, 29.38 $ per barrel, used for offsets −1, T02023-02-06: 32.50 $ per barrel, used for offsets +12023-02-08: 37.04 $ per barrel, used for offsets +32023-02-10: 31.97 $ per barrel, used for offsets +72023-02-17: 24.75 $ per barrel, used for offsets +142023-03-06: 37.16 $ per barrel, used for offsets +302023-04-06: 19.15 $ per barrel, used for offsets +602023-05-05: 14.45 $ per barrel, used for offsets +90

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

Window table for US proxy - not a European price: US jet spot minus Brent spot, USD per barrel. A proxy for the Atlantic-basin product market, NOT a measure of European refining margins (§H).: value, change from the event date and change in volatility units at each offset.
OffsetPrint usedValueΔ absΔ %Volatility units
−302023-01-0657.61+28.228+96.07%+0.54
−142023-01-2077.51+48.128+163.79%+0.93
−72023-01-2773.74+44.352+150.94%+0.85
−32023-02-0235.06+5.672+19.30%+0.11
−12023-02-03same print as T029.380.0000.00%0.00
T02023-02-03same print as T029.380.0000.00%0.00
+12023-02-0632.50+3.116+10.60%+0.06
+32023-02-0837.04+7.658+26.06%+0.15
+72023-02-1031.97+2.588+8.81%+0.05
+142023-02-1724.75-4.632-15.76%-0.09
+302023-03-0637.16+7.774+26.46%+0.15
+602023-04-0619.15-10.230-34.81%-0.20
+902023-05-0514.45-14.934-50.82%-0.29

One volatility unit for this series is 176.64%, the standard deviation of its own day-on-day percentage changes over the three years before the event (735 changes). It is not a significance test.

Not available: licence-blocked

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

Arabian Gulf to north-west Europe dirty tanker rate

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

13 offsets in the window are affected.

EU refined-product benchmark

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

13 offsets in the window are affected.

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.Observed
0 % 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.Observed
0 % of imported tonnes at +30 d (published 2023-03-01)
Emergency stock cover (D7)Days of cover the published emergency stocks amount to. A buffer against a supply disruption, not a share of imports, and not a price channel.Observed
101.0 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.Observed
85.86 $ per barrel at +30 d (published 2023-03-06)+8.89% from the level at T0 = +1.96 volatility units
Refined-product benchmarkThe quoted product price refineries and wholesalers price against.UnavailableEU refined-product benchmarks (Platts / Argus) are proprietary with no redistribution grant. US crack spreads are not a valid EU proxy and are not substituted.
Refining marginWhat refining a barrel into this product earned.UnavailableNo published refining-margin series is held, and computing a margin ourselves would need the licensed EU product benchmarks, which may not be republished.
Freight ratesWhat it cost to ship the cargo.UnavailableTanker freight rates are licensed such that public display, onward passing and derived data are all expressly prohibited, verified verbatim, and no open institution publishes a tanker rate.
InventoriesStocks held, which absorb or amplify a supply change.Observed
1,588,813 tonnes at +30 d (published 2023-03-01)+0.55% from the level at T0 = +0.15 volatility units
Wholesale pricesThe price between the refinery gate and the forecourt.UnavailableWholesale / rack price series are proprietary with no redistribution grant.
Pump price before taxThe pump price with excise, VAT and other fuel taxes stripped out.Observed
0.8899 € per litre at +30 d (published 2023-03-06)-5.40% from the level at T0 = -2.43 volatility units
Pump price with taxWhat a driver actually paid.Observed
1.545 € per litre at +30 d (published 2023-03-06)-3.80% from the level at T0 = -2.59 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: Slovakia, 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 'slovakia'. 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), Slovakia's pre-tax petrol price moved +2.2%, which is 0.7 times its normal week-to-week variation over the previous three years — within that range.

    about SlovakiaCalculatedOfficial
    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
    0.7880199999999999
    status
    OBSERVED
    country
    Slovakia
    z_score
    0.09909951088507858
    t0_value
    0.7713500000000001
    fuel_type
    EURO_SUPER_95
    change_pct
    2.1611460426524727
    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_SK_EURO_SUPER_95
    series_kind
    pre-tax
    country_iso2
    SK
    country_name
    Slovakia
    country_slug
    slovakia
    variation_label
    week-to-week
    observation_date
    2023-02-06
    same_observation
    false
    volatility_units
    0.705555607228379
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.01666999999999985
    change_pct_from_t0
    2.1611460426524727
    observation_gap_days
    6
    normal_volatility_pct
    3.063041410927287
    change_in_volatility_units
    0.705555607228379
    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
    0.7880199999999999
    status
    OBSERVED
    country
    Slovakia
    z_score
    0.09909951088507858
    t0_value
    0.7713500000000001
    fuel_type
    EURO_SUPER_95
    change_pct
    2.1611460426524727
    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_SK_EURO_SUPER_95
    series_kind
    pre-tax
    country_iso2
    SK
    country_name
    Slovakia
    country_slug
    slovakia
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2023-02-06
    same_observation
    false
    volatility_units
    0.705555607228379
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.01666999999999985
    change_pct_from_t0
    2.1611460426524727
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    6
    normal_volatility_pct
    3.063041410927287
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    0.705555607228379

    Template event.price_move.within_normal v1.1 · Fingerprint 902ab80b497df667e943bb25d17b2ef22765e0d82e6b7dc7634d18c6598f607d · 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), Slovakia's pre-tax petrol price moved -1.5%, which is 0.5 times its normal week-to-week variation over the previous three years — within that range.

    about SlovakiaCalculatedOfficial
    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
    0.7596799999999999
    status
    OBSERVED
    country
    Slovakia
    z_score
    -0.24164356334447645
    t0_value
    0.7713500000000001
    fuel_type
    EURO_SUPER_95
    change_pct
    -1.5129318726907601
    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_SK_EURO_SUPER_95
    series_kind
    pre-tax
    country_iso2
    SK
    country_name
    Slovakia
    country_slug
    slovakia
    variation_label
    week-to-week
    observation_date
    2023-03-06
    same_observation
    false
    volatility_units
    -0.49393124993133675
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.01167000000000018
    change_pct_from_t0
    -1.5129318726907601
    observation_gap_days
    1
    normal_volatility_pct
    3.063041410927287
    change_in_volatility_units
    -0.49393124993133675
    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
    0.7596799999999999
    status
    OBSERVED
    country
    Slovakia
    z_score
    -0.24164356334447645
    t0_value
    0.7713500000000001
    fuel_type
    EURO_SUPER_95
    change_pct
    -1.5129318726907601
    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_SK_EURO_SUPER_95
    series_kind
    pre-tax
    country_iso2
    SK
    country_name
    Slovakia
    country_slug
    slovakia
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2023-03-06
    same_observation
    false
    volatility_units
    -0.49393124993133675
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.01167000000000018
    change_pct_from_t0
    -1.5129318726907601
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    1
    normal_volatility_pct
    3.063041410927287
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    -0.49393124993133675

    Template event.price_move.within_normal v1.1 · Fingerprint 67a575b8e55ec5f83399d5b23ee49e12f0693692a5606baca2fe5d94812ee389 · 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), Slovakia's pre-tax petrol price moved -1.7%, which is 0.6 times its normal week-to-week variation over the previous three years — within that range.

    about SlovakiaCalculatedOfficial
    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
    0.75802
    status
    OBSERVED
    country
    Slovakia
    z_score
    -0.2616024025548159
    t0_value
    0.7713500000000001
    fuel_type
    EURO_SUPER_95
    change_pct
    -1.728138977118048
    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_SK_EURO_SUPER_95
    series_kind
    pre-tax
    country_iso2
    SK
    country_name
    Slovakia
    country_slug
    slovakia
    variation_label
    week-to-week
    observation_date
    2023-05-01
    same_observation
    false
    volatility_units
    -0.5641905365539546
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.013330000000000064
    change_pct_from_t0
    -1.728138977118048
    observation_gap_days
    5
    normal_volatility_pct
    3.063041410927287
    change_in_volatility_units
    -0.5641905365539546
    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
    0.75802
    status
    OBSERVED
    country
    Slovakia
    z_score
    -0.2616024025548159
    t0_value
    0.7713500000000001
    fuel_type
    EURO_SUPER_95
    change_pct
    -1.728138977118048
    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_SK_EURO_SUPER_95
    series_kind
    pre-tax
    country_iso2
    SK
    country_name
    Slovakia
    country_slug
    slovakia
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2023-05-01
    same_observation
    false
    volatility_units
    -0.5641905365539546
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.013330000000000064
    change_pct_from_t0
    -1.728138977118048
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    5
    normal_volatility_pct
    3.063041410927287
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    -0.5641905365539546

    Template event.price_move.within_normal v1.1 · Fingerprint 6d7ebe5d7678852bb78f5ba48cfe4c4761659ba4fc68a2af594eaa711c201e35 · 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), Slovakia's tax-inclusive petrol price moved +1.3%, which is 0.8 times its normal week-to-week variation over the previous three years — within that range.

    about SlovakiaCalculatedOfficial
    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
    1.598
    status
    OBSERVED
    country
    Slovakia
    z_score
    0.0990817354914
    t0_value
    1.578
    fuel_type
    EURO_SUPER_95
    change_pct
    1.267427122940432
    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_SK_EURO_SUPER_95
    series_kind
    tax-inclusive
    country_iso2
    SK
    country_name
    Slovakia
    country_slug
    slovakia
    variation_label
    week-to-week
    observation_date
    2023-02-06
    same_observation
    false
    volatility_units
    0.806127293214958
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.020000000000000018
    change_pct_from_t0
    1.267427122940432
    observation_gap_days
    6
    normal_volatility_pct
    1.572241919617608
    change_in_volatility_units
    0.806127293214958
    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
    1.598
    status
    OBSERVED
    country
    Slovakia
    z_score
    0.0990817354914
    t0_value
    1.578
    fuel_type
    EURO_SUPER_95
    change_pct
    1.267427122940432
    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_SK_EURO_SUPER_95
    series_kind
    tax-inclusive
    country_iso2
    SK
    country_name
    Slovakia
    country_slug
    slovakia
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2023-02-06
    same_observation
    false
    volatility_units
    0.806127293214958
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    0.020000000000000018
    change_pct_from_t0
    1.267427122940432
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    6
    normal_volatility_pct
    1.572241919617608
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    0.806127293214958

    Template event.price_move.within_normal v1.1 · Fingerprint fdc67c82df738decebbab09ce04b5d7150d56130b58608c8f7cac8149b584b42 · 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), Slovakia's tax-inclusive petrol price moved -0.9%, which is 0.6 times its normal week-to-week variation over the previous three years — within that range.

    about SlovakiaCalculatedOfficial
    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
    1.564
    status
    OBSERVED
    country
    Slovakia
    z_score
    -0.24158131013071898
    t0_value
    1.578
    fuel_type
    EURO_SUPER_95
    change_pct
    -0.8871989860583024
    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_SK_EURO_SUPER_95
    series_kind
    tax-inclusive
    country_iso2
    SK
    country_name
    Slovakia
    country_slug
    slovakia
    variation_label
    week-to-week
    observation_date
    2023-03-06
    same_observation
    false
    volatility_units
    -0.5642891052504706
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.014000000000000012
    change_pct_from_t0
    -0.8871989860583024
    observation_gap_days
    1
    normal_volatility_pct
    1.572241919617608
    change_in_volatility_units
    -0.5642891052504706
    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
    1.564
    status
    OBSERVED
    country
    Slovakia
    z_score
    -0.24158131013071898
    t0_value
    1.578
    fuel_type
    EURO_SUPER_95
    change_pct
    -0.8871989860583024
    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_SK_EURO_SUPER_95
    series_kind
    tax-inclusive
    country_iso2
    SK
    country_name
    Slovakia
    country_slug
    slovakia
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2023-03-06
    same_observation
    false
    volatility_units
    -0.5642891052504706
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.014000000000000012
    change_pct_from_t0
    -0.8871989860583024
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    1
    normal_volatility_pct
    1.572241919617608
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    -0.5642891052504706

    Template event.price_move.within_normal v1.1 · Fingerprint ff9d130e385b820b26fa81029c56429cae0dd679080b4ba9fd4606b51313043f · 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), Slovakia's tax-inclusive petrol price moved -1.0%, which is 0.6 times its normal week-to-week variation over the previous three years — within that range.

    about SlovakiaCalculatedOfficial
    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
    1.562
    status
    OBSERVED
    country
    Slovakia
    z_score
    -0.26162031281437303
    t0_value
    1.578
    fuel_type
    EURO_SUPER_95
    change_pct
    -1.0139416983523455
    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_SK_EURO_SUPER_95
    series_kind
    tax-inclusive
    country_iso2
    SK
    country_name
    Slovakia
    country_slug
    slovakia
    variation_label
    week-to-week
    observation_date
    2023-05-01
    same_observation
    false
    volatility_units
    -0.6449018345719664
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.016000000000000014
    change_pct_from_t0
    -1.0139416983523455
    observation_gap_days
    5
    normal_volatility_pct
    1.572241919617608
    change_in_volatility_units
    -0.6449018345719664
    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
    1.562
    status
    OBSERVED
    country
    Slovakia
    z_score
    -0.26162031281437303
    t0_value
    1.578
    fuel_type
    EURO_SUPER_95
    change_pct
    -1.0139416983523455
    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_SK_EURO_SUPER_95
    series_kind
    tax-inclusive
    country_iso2
    SK
    country_name
    Slovakia
    country_slug
    slovakia
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2023-05-01
    same_observation
    false
    volatility_units
    -0.6449018345719664
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.016000000000000014
    change_pct_from_t0
    -1.0139416983523455
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    5
    normal_volatility_pct
    1.572241919617608
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    -0.6449018345719664

    Template event.price_move.within_normal v1.1 · Fingerprint c9eec05dd4c93b59c0b884b63635aad8f3b073bd9df96bd56b6726be10fc23e6 · 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), Slovakia's pre-tax diesel price moved -0.4%, which is 0.2 times its normal week-to-week variation over the previous three years — within that range.

    about SlovakiaCalculatedOfficial
    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
    0.93652
    status
    OBSERVED
    country
    Slovakia
    z_score
    -1.111763415769549
    t0_value
    0.94068
    fuel_type
    DIESEL
    change_pct
    -0.4422332780541674
    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_SK_DIESEL
    series_kind
    pre-tax
    country_iso2
    SK
    country_name
    Slovakia
    country_slug
    slovakia
    variation_label
    week-to-week
    observation_date
    2023-02-06
    same_observation
    false
    volatility_units
    -0.19922814866522007
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.0041599999999999415
    change_pct_from_t0
    -0.4422332780541674
    observation_gap_days
    6
    normal_volatility_pct
    2.219732909315387
    change_in_volatility_units
    -0.19922814866522007
    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
    0.93652
    status
    OBSERVED
    country
    Slovakia
    z_score
    -1.111763415769549
    t0_value
    0.94068
    fuel_type
    DIESEL
    change_pct
    -0.4422332780541674
    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_SK_DIESEL
    series_kind
    pre-tax
    country_iso2
    SK
    country_name
    Slovakia
    country_slug
    slovakia
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2023-02-06
    same_observation
    false
    volatility_units
    -0.19922814866522007
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.0041599999999999415
    change_pct_from_t0
    -0.4422332780541674
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    6
    normal_volatility_pct
    2.219732909315387
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    -0.19922814866522007

    Template event.price_move.within_normal v1.1 · Fingerprint ae23d24d4978a84cf21e9ddb7ab488f7cf1219b160a81f7ee51824b41f3c8985 · 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), Slovakia's pre-tax diesel price moved -5.4%, which is 2.4 times its normal week-to-week variation over the previous three years — outside that range.

    about SlovakiaCalculatedOfficial
    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
    0.88985
    status
    OBSERVED
    country
    Slovakia
    z_score
    -1.601182146276272
    t0_value
    0.94068
    fuel_type
    DIESEL
    change_pct
    -5.4035378662244264
    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_SK_DIESEL
    series_kind
    pre-tax
    country_iso2
    SK
    country_name
    Slovakia
    country_slug
    slovakia
    variation_label
    week-to-week
    observation_date
    2023-03-06
    same_observation
    false
    volatility_units
    -2.4343189415031885
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.05082999999999993
    change_pct_from_t0
    -5.4035378662244264
    observation_gap_days
    1
    normal_volatility_pct
    2.219732909315387
    change_in_volatility_units
    -2.4343189415031885
    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
    0.88985
    status
    OBSERVED
    country
    Slovakia
    z_score
    -1.601182146276272
    t0_value
    0.94068
    fuel_type
    DIESEL
    change_pct
    -5.4035378662244264
    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_SK_DIESEL
    series_kind
    pre-tax
    country_iso2
    SK
    country_name
    Slovakia
    country_slug
    slovakia
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2023-03-06
    same_observation
    false
    volatility_units
    -2.4343189415031885
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.05082999999999993
    change_pct_from_t0
    -5.4035378662244264
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    1
    normal_volatility_pct
    2.219732909315387
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    -2.4343189415031885

    Template event.price_move.outside_normal v1.1 · Fingerprint f526ef1eac6ce1e83ff87b040009846042f8cef0ef5e341c086e937847a22eee · 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), Slovakia's pre-tax diesel price moved -13.6%, which is 6.1 times its normal week-to-week variation over the previous three years — outside that range.

    about SlovakiaCalculatedOfficial
    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
    0.81235
    status
    OBSERVED
    country
    Slovakia
    z_score
    -2.4139087718231127
    t0_value
    0.94068
    fuel_type
    DIESEL
    change_pct
    -13.642258791512518
    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_SK_DIESEL
    series_kind
    pre-tax
    country_iso2
    SK
    country_name
    Slovakia
    country_slug
    slovakia
    variation_label
    week-to-week
    observation_date
    2023-05-01
    same_observation
    false
    volatility_units
    -6.145901038030779
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.12832999999999994
    change_pct_from_t0
    -13.642258791512518
    observation_gap_days
    5
    normal_volatility_pct
    2.219732909315387
    change_in_volatility_units
    -6.145901038030779
    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
    0.81235
    status
    OBSERVED
    country
    Slovakia
    z_score
    -2.4139087718231127
    t0_value
    0.94068
    fuel_type
    DIESEL
    change_pct
    -13.642258791512518
    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_SK_DIESEL
    series_kind
    pre-tax
    country_iso2
    SK
    country_name
    Slovakia
    country_slug
    slovakia
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2023-05-01
    same_observation
    false
    volatility_units
    -6.145901038030779
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.12832999999999994
    change_pct_from_t0
    -13.642258791512518
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    5
    normal_volatility_pct
    2.219732909315387
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    -6.145901038030779

    Template event.price_move.outside_normal v1.1 · Fingerprint ed18978de70ff8fa77cab06c77cb0ca937f33bd2eb32599262313c183b760b0d · 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), Slovakia's tax-inclusive diesel price moved -0.3%, which is 0.2 times its normal week-to-week variation over the previous three years — within that range.

    about SlovakiaCalculatedOfficial
    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
    1.601
    status
    OBSERVED
    country
    Slovakia
    z_score
    -1.1118027150540066
    t0_value
    1.606
    fuel_type
    DIESEL
    change_pct
    -0.3113325031133322
    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_SK_DIESEL
    series_kind
    tax-inclusive
    country_iso2
    SK
    country_name
    Slovakia
    country_slug
    slovakia
    variation_label
    week-to-week
    observation_date
    2023-02-06
    same_observation
    false
    volatility_units
    -0.21191071054319283
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.0050000000000001155
    change_pct_from_t0
    -0.3113325031133322
    observation_gap_days
    6
    normal_volatility_pct
    1.4691683224283025
    change_in_volatility_units
    -0.21191071054319283
    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
    1.601
    status
    OBSERVED
    country
    Slovakia
    z_score
    -1.1118027150540066
    t0_value
    1.606
    fuel_type
    DIESEL
    change_pct
    -0.3113325031133322
    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_SK_DIESEL
    series_kind
    tax-inclusive
    country_iso2
    SK
    country_name
    Slovakia
    country_slug
    slovakia
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2023-02-06
    same_observation
    false
    volatility_units
    -0.21191071054319283
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.0050000000000001155
    change_pct_from_t0
    -0.3113325031133322
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    6
    normal_volatility_pct
    1.4691683224283025
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    -0.21191071054319283

    Template event.price_move.within_normal v1.1 · Fingerprint cbf4134f6ee7d86f3a7dcc3e2d5702fd08408edd7356ee125bc8cc44092f8315 · 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), Slovakia's tax-inclusive diesel price moved -3.8%, which is 2.6 times its normal week-to-week variation over the previous three years — outside that range.

    about SlovakiaCalculatedOfficial
    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
    1.545
    status
    OBSERVED
    country
    Slovakia
    z_score
    -1.6011901110253772
    t0_value
    1.606
    fuel_type
    DIESEL
    change_pct
    -3.7982565379825752
    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_SK_DIESEL
    series_kind
    tax-inclusive
    country_iso2
    SK
    country_name
    Slovakia
    country_slug
    slovakia
    variation_label
    week-to-week
    observation_date
    2023-03-06
    same_observation
    false
    volatility_units
    -2.5853106686268994
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.061000000000000165
    change_pct_from_t0
    -3.7982565379825752
    observation_gap_days
    1
    normal_volatility_pct
    1.4691683224283025
    change_in_volatility_units
    -2.5853106686268994
    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
    1.545
    status
    OBSERVED
    country
    Slovakia
    z_score
    -1.6011901110253772
    t0_value
    1.606
    fuel_type
    DIESEL
    change_pct
    -3.7982565379825752
    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_SK_DIESEL
    series_kind
    tax-inclusive
    country_iso2
    SK
    country_name
    Slovakia
    country_slug
    slovakia
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2023-03-06
    same_observation
    false
    volatility_units
    -2.5853106686268994
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.061000000000000165
    change_pct_from_t0
    -3.7982565379825752
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    1
    normal_volatility_pct
    1.4691683224283025
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    -2.5853106686268994

    Template event.price_move.outside_normal v1.1 · Fingerprint fa4a6eb4e8fe7df293f582fa34c45c26e3b22f8d975cee981c601bfa0f01eb63 · 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), Slovakia's tax-inclusive diesel price moved -9.6%, which is 6.5 times its normal week-to-week variation over the previous three years — outside that range.

    about SlovakiaCalculatedOfficial
    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
    1.452
    status
    OBSERVED
    country
    Slovakia
    z_score
    -2.413922750763545
    t0_value
    1.606
    fuel_type
    DIESEL
    change_pct
    -9.589041095890419
    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_SK_DIESEL
    series_kind
    tax-inclusive
    country_iso2
    SK
    country_name
    Slovakia
    country_slug
    slovakia
    variation_label
    week-to-week
    observation_date
    2023-05-01
    same_observation
    false
    volatility_units
    -6.526849884730194
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.15400000000000014
    change_pct_from_t0
    -9.589041095890419
    observation_gap_days
    5
    normal_volatility_pct
    1.4691683224283025
    change_in_volatility_units
    -6.526849884730194
    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
    1.452
    status
    OBSERVED
    country
    Slovakia
    z_score
    -2.413922750763545
    t0_value
    1.606
    fuel_type
    DIESEL
    change_pct
    -9.589041095890419
    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_SK_DIESEL
    series_kind
    tax-inclusive
    country_iso2
    SK
    country_name
    Slovakia
    country_slug
    slovakia
    statement_topic
    event
    variation_label
    week-to-week
    observation_date
    2023-05-01
    same_observation
    false
    volatility_units
    -6.526849884730194
    series_source_ids
    ["ec_weekly_oil_bulletin"]
    change_abs_from_t0
    -0.15400000000000014
    change_pct_from_t0
    -9.589041095890419
    calculation_version
    event_statements-1.0
    methodology_version
    1.0
    observation_gap_days
    5
    normal_volatility_pct
    1.4691683224283025
    study_calculation_version
    event_study-1.0
    change_in_volatility_units
    -6.526849884730194

    Template event.price_move.outside_normal v1.1 · Fingerprint eecc71ba4fb92c6148d8f8f40b9f0d2dc712ce3f7bd91a30cea1099ccf965af0 · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  13. 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

  14. 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

  15. 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

  16. Over the 4 weeks after EU import ban on Russian refined petroleum products (in force 5 February 2023), crude costs alone would have moved Slovakia's pre-tax petrol price by +0.1 c/L (range -1.7–+1.9); it actually moved -1.2 c/L, leaving -1.3 c/L not explained by crude.

    about SlovakiaCalculatedMedium
    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
    Slovakia
    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_SK_EURO_SUPER_95
    country_iso2
    SK
    country_name
    Slovakia
    country_slug
    slovakia
    offset_weeks
    4
    proxy_product
    GASOLINE
    proxy_to_date
    2023-02-27
    pass_through_k
    2
    proxy_from_date
    2023-01-30
    observation_date
    2023-02-27
    gap_eur_per_litre
    -0.012731397530066569
    series_source_ids
    ["ec_weekly_oil_bulletin","eia_brent_rbrte"]
    anchor_period_start
    2023-01-30
    actual_eur_per_litre
    -0.01167000000000018
    expected_eur_per_litre
    0.0010613975300663887
    proxy_volatility_units
    -0.06928868336620317
    pass_through_sample_end
    2026-09-14
    proxy_change_usd_per_bbl
    -3.1020000000000003
    pass_through_sample_start
    2023-09-25
    pass_through_window_label
    ROLLING_156W
    expected_low_eur_per_litre
    -0.016513115893625828
    expected_high_eur_per_litre
    0.018635910953758144
    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
    Slovakia
    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_SK_EURO_SUPER_95
    country_iso2
    SK
    country_name
    Slovakia
    country_slug
    slovakia
    offset_weeks
    4
    proxy_product
    GASOLINE
    proxy_to_date
    2023-02-27
    pass_through_k
    2
    proxy_from_date
    2023-01-30
    statement_topic
    event
    observation_date
    2023-02-27
    gap_eur_per_litre
    -0.012731397530066569
    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
    -0.01167000000000018
    expected_eur_per_litre
    0.0010613975300663887
    proxy_volatility_units
    -0.06928868336620317
    pass_through_sample_end
    2026-09-14
    proxy_change_usd_per_bbl
    -3.1020000000000003
    pass_through_sample_start
    2023-09-25
    pass_through_window_label
    ROLLING_156W
    study_calculation_version
    event_study-1.0
    expected_low_eur_per_litre
    -0.016513115893625828
    expected_high_eur_per_litre
    0.018635910953758144
    proxy_normal_volatility_pct
    182.6569381415496

    Template event.crude_only.computed v1.1 · Fingerprint 62018500c71940f9db7bd4832ab1368dd10d3418c44ae811c3d8faffa589ef4a · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  17. Over the 13 weeks after EU import ban on Russian refined petroleum products (in force 5 February 2023), crude costs alone would have moved Slovakia's pre-tax petrol price by +2.9 c/L (range -5.5–+11.3); it actually moved -1.3 c/L, leaving -4.2 c/L not explained by crude.

    about SlovakiaCalculatedMedium
    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
    Slovakia
    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_SK_EURO_SUPER_95
    country_iso2
    SK
    country_name
    Slovakia
    country_slug
    slovakia
    offset_weeks
    13
    proxy_product
    GASOLINE
    proxy_to_date
    2023-04-28
    pass_through_k
    2
    proxy_from_date
    2023-01-30
    observation_date
    2023-05-01
    gap_eur_per_litre
    -0.04236713617567217
    series_source_ids
    ["ec_weekly_oil_bulletin","eia_brent_rbrte"]
    anchor_period_start
    2023-01-30
    actual_eur_per_litre
    -0.013330000000000064
    expected_eur_per_litre
    0.029037136175672107
    proxy_volatility_units
    0.11373887030970548
    pass_through_sample_end
    2026-09-14
    proxy_change_usd_per_bbl
    5.091999999999999
    pass_through_sample_start
    2023-09-25
    pass_through_window_label
    ROLLING_156W
    expected_low_eur_per_litre
    -0.055203216697314206
    expected_high_eur_per_litre
    0.11327748904865775
    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
    Slovakia
    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_SK_EURO_SUPER_95
    country_iso2
    SK
    country_name
    Slovakia
    country_slug
    slovakia
    offset_weeks
    13
    proxy_product
    GASOLINE
    proxy_to_date
    2023-04-28
    pass_through_k
    2
    proxy_from_date
    2023-01-30
    statement_topic
    event
    observation_date
    2023-05-01
    gap_eur_per_litre
    -0.04236713617567217
    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
    -0.013330000000000064
    expected_eur_per_litre
    0.029037136175672107
    proxy_volatility_units
    0.11373887030970548
    pass_through_sample_end
    2026-09-14
    proxy_change_usd_per_bbl
    5.091999999999999
    pass_through_sample_start
    2023-09-25
    pass_through_window_label
    ROLLING_156W
    study_calculation_version
    event_study-1.0
    expected_low_eur_per_litre
    -0.055203216697314206
    expected_high_eur_per_litre
    0.11327748904865775
    proxy_normal_volatility_pct
    182.6569381415496

    Template event.crude_only.computed v1.1 · Fingerprint 0a146da9526d76dd366dede22802c50c265fbbee5ccd0553a89677180d665391 · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  18. Over the 4 weeks after EU import ban on Russian refined petroleum products (in force 5 February 2023), crude costs alone would have moved Slovakia's pre-tax diesel price by +1.8 c/L (range -0.6–+4.3); it actually moved -5.0 c/L, leaving -6.8 c/L not explained by crude.

    about SlovakiaCalculatedMedium
    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
    Slovakia
    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_SK_DIESEL
    country_iso2
    SK
    country_name
    Slovakia
    country_slug
    slovakia
    offset_weeks
    4
    proxy_product
    DIESEL
    proxy_to_date
    2023-02-27
    pass_through_k
    3
    proxy_from_date
    2023-01-30
    observation_date
    2023-02-27
    gap_eur_per_litre
    -0.06841528152447716
    series_source_ids
    ["ec_weekly_oil_bulletin","eia_brent_rbrte"]
    anchor_period_start
    2023-01-30
    actual_eur_per_litre
    -0.050000000000000044
    expected_eur_per_litre
    0.018415281524477124
    proxy_volatility_units
    -1.9939207000691863
    pass_through_sample_end
    2026-09-14
    proxy_change_usd_per_bbl
    -8.939999999999998
    pass_through_sample_start
    2023-09-25
    pass_through_window_label
    ROLLING_156W
    expected_low_eur_per_litre
    -0.006016430403027217
    expected_high_eur_per_litre
    0.04284699345198197
    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
    Slovakia
    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_SK_DIESEL
    country_iso2
    SK
    country_name
    Slovakia
    country_slug
    slovakia
    offset_weeks
    4
    proxy_product
    DIESEL
    proxy_to_date
    2023-02-27
    pass_through_k
    3
    proxy_from_date
    2023-01-30
    statement_topic
    event
    observation_date
    2023-02-27
    gap_eur_per_litre
    -0.06841528152447716
    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
    -0.050000000000000044
    expected_eur_per_litre
    0.018415281524477124
    proxy_volatility_units
    -1.9939207000691863
    pass_through_sample_end
    2026-09-14
    proxy_change_usd_per_bbl
    -8.939999999999998
    pass_through_sample_start
    2023-09-25
    pass_through_window_label
    ROLLING_156W
    study_calculation_version
    event_study-1.0
    expected_low_eur_per_litre
    -0.006016430403027217
    expected_high_eur_per_litre
    0.04284699345198197
    proxy_normal_volatility_pct
    9.833812917722621

    Template event.crude_only.computed v1.1 · Fingerprint 33458828cc5ba75c4118dee2e430148a7548fc7ecfb027e46a3342e43c6a814f · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  19. Over the 13 weeks after EU import ban on Russian refined petroleum products (in force 5 February 2023), crude costs alone would have moved Slovakia's pre-tax diesel price by +4.9 c/L (range -6.1–+15.8); it actually moved -12.8 c/L, leaving -17.7 c/L not explained by crude. Over the same period the US diesel crack spread, a proxy for the Atlantic product market and not a European margin, narrowed by 27.3 $/bbl.

    about SlovakiaCalculatedMedium
    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
    Slovakia
    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_SK_DIESEL
    country_iso2
    SK
    country_name
    Slovakia
    country_slug
    slovakia
    offset_weeks
    13
    proxy_product
    DIESEL
    proxy_to_date
    2023-04-28
    pass_through_k
    3
    proxy_from_date
    2023-01-30
    observation_date
    2023-05-01
    gap_eur_per_litre
    -0.17683370320240197
    series_source_ids
    ["ec_weekly_oil_bulletin","eia_brent_rbrte"]
    anchor_period_start
    2023-01-30
    actual_eur_per_litre
    -0.12832999999999994
    expected_eur_per_litre
    0.04850370320240202
    proxy_volatility_units
    -6.086587908824174
    pass_through_sample_end
    2026-09-14
    proxy_change_usd_per_bbl
    -27.290000000000003
    pass_through_sample_start
    2023-09-25
    pass_through_window_label
    ROLLING_156W
    expected_low_eur_per_litre
    -0.06070408456932545
    expected_high_eur_per_litre
    0.15771149097413062
    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
    Slovakia
    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_SK_DIESEL
    country_iso2
    SK
    country_name
    Slovakia
    country_slug
    slovakia
    offset_weeks
    13
    proxy_product
    DIESEL
    proxy_to_date
    2023-04-28
    pass_through_k
    3
    proxy_from_date
    2023-01-30
    statement_topic
    event
    observation_date
    2023-05-01
    gap_eur_per_litre
    -0.17683370320240197
    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
    -0.12832999999999994
    expected_eur_per_litre
    0.04850370320240202
    proxy_volatility_units
    -6.086587908824174
    pass_through_sample_end
    2026-09-14
    proxy_change_usd_per_bbl
    -27.290000000000003
    pass_through_sample_start
    2023-09-25
    pass_through_window_label
    ROLLING_156W
    study_calculation_version
    event_study-1.0
    expected_low_eur_per_litre
    -0.06070408456932545
    expected_high_eur_per_litre
    0.15771149097413062
    proxy_normal_volatility_pct
    9.833812917722621

    Template event.crude_only.computed_with_proxy v1.1 · Fingerprint b1a3153b2e605023a2b3fa71217c8fbb94d192de6c01945d520e4345edc92731 · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

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

    about SlovakiaCalculatedHigh
    Why this sentence
    Variables
    t0
    2023-02-05T00:00:00+00:00
    band
    limited
    unit
    % of imported tonnes
    period
    2023-02
    status
    OBSERVED
    country
    Slovakia
    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
    SK
    country_name
    Slovakia
    country_slug
    slovakia
    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
    Slovakia
    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
    SK
    country_name
    Slovakia
    country_slug
    slovakia
    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 6486087e8a65afe010e65eb6c3790b2184a2a15a53122f62f6a7f798fa9d75b8 · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

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

    about SlovakiaCalculatedHigh
    Why this sentence
    Variables
    t0
    2023-02-05T00:00:00+00:00
    band
    limited
    unit
    % of imported tonnes
    period
    2023-02
    status
    OBSERVED
    country
    Slovakia
    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
    SK
    country_name
    Slovakia
    country_slug
    slovakia
    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
    Slovakia
    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
    SK
    country_name
    Slovakia
    country_slug
    slovakia
    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 3237e1fc608558c949967994c0a998f80356c742cb43ea3516445071a7dfc82e · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  22. 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

  23. 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

  24. 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

  25. 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

  26. Available evidence does show a physical supply reduction: Slovakia's reported crude imports in 2023-02 were -42.8% against the mean of the previous 12 months.

    about SlovakiaCalculatedOfficial
    Why this sentence
    Variables
    t0
    2023-02-05T00:00:00+00:00
    unit
    tonnes
    month
    2023-02
    country
    Slovakia
    change_pct
    -42.75063561271916
    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
    SK
    country_name
    Slovakia
    country_slug
    slovakia
    partner_role
    ORIGIN
    value_tonnes
    265405
    baseline_months
    12
    observation_date
    2023-02-01
    series_source_ids
    ["eurostat_nrg_ti_oilm"]
    baseline_mean_tonnes
    463594.6666666667
    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
    Slovakia
    change_pct
    -42.75063561271916
    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
    SK
    country_name
    Slovakia
    country_slug
    slovakia
    partner_role
    ORIGIN
    value_tonnes
    265405
    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
    463594.6666666667
    study_calculation_version
    event_study-1.0

    Template event.supply.reduction v1.1 · Fingerprint 47a449c9a205be87a543ebf4ac710141a2d5bc2e1809a2a8e2ee22e4c5e56fe6 · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  27. In 2023-02, Slovakia's oil stocks stood 3.9% above their trailing 12-month mean — inside the 5% either side that this site reads as in line with it, with 101.0 days of cover (as published).

    about SlovakiaCalculatedOfficial
    Why this sentence
    Variables
    t0
    2023-02-05T00:00:00+00:00
    unit
    tonnes
    month
    2023-02
    status
    OBSERVED
    country
    Slovakia
    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_SK
    country_iso2
    SK
    country_name
    Slovakia
    country_slug
    slovakia
    days_of_cover
    101
    metric_status
    COMPUTED
    mom_change_pct
    -2.921687376133307
    observation_date
    2023-02-01
    series_source_ids
    ["eurostat_nrg_stk_oem","eurostat_nrg_stk_oilm"]
    total_stock_tonnes
    1580200
    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
    1521408.25
    level_vs_trailing_12m_pct
    3.864298093559043
    trailing_12m_observations
    12
    Thresholds
    source
    v1 choice of this module; docs/METHODOLOGY.md publishes no band
    band_applied_to
    the rounded figure printed in the sentence
    days_of_cover_basis
    as published (Eurostat nrg_stk_oem, STK_EUE_DIR); never stocks divided by consumption (docs/HORMUZ_METHOD.md D7)
    trailing_window_months
    12
    level_vs_trailing_12m_pct_raw
    3.864298093559043
    level_vs_trailing_12m_pct_shown
    3.9
    inventory_material_deviation_pct
    5
    Inputs
    t0
    2023-02-05T00:00:00+00:00
    unit
    tonnes
    month
    2023-02
    status
    OBSERVED
    country
    Slovakia
    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_SK
    country_iso2
    SK
    country_name
    Slovakia
    country_slug
    slovakia
    days_of_cover
    101
    metric_status
    COMPUTED
    mom_change_pct
    -2.921687376133307
    statement_topic
    event
    observation_date
    2023-02-01
    series_source_ids
    ["eurostat_nrg_stk_oem","eurostat_nrg_stk_oilm"]
    total_stock_tonnes
    1580200
    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
    1521408.25
    level_vs_trailing_12m_pct
    3.864298093559043
    study_calculation_version
    event_study-1.0
    trailing_12m_observations
    12

    Template event.inventory_level.in_line v1.1 · Fingerprint 10515da656ad65ec94160c59dc16174e01197201b429f8e8b92b443932168000 · calculation event_statements-1.0 · computed 2026-09-25 14:09 UTC

  28. Summary of what can be checked here

    Only part of the chain can be checked for Slovakia 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 SlovakiaUnknownUnknown
    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
    Slovakia
    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
    SK
    country_name
    Slovakia
    country_slug
    slovakia
    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.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
    Slovakia
    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
    SK
    country_name
    Slovakia
    country_slug
    slovakia
    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.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 dffcfa430f8634cb75907c2a1abed5275dd3efa0abe184ec189049e248e1ea4e · 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.

Slovakia: 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.