European Commission — Dynamic mechanism lowers the Russian crude oil price cap to US$44.10/bbl
European Commission
Source profile
- Type: Official government / regulator
- Access / format: Official web page (HTML)
- Machine-readable: No — manual read
- Update cadence: unknown
- Used for: sanctions, Russia, energy, oil, price cap, EU
Original source first: for the authoritative value, go to European Commission ↗; cite Warconomy for the structured, dated overview. See how to cite, source health, and the source hierarchy.
Source details
How Warconomy uses this source
Official EC announcement (15 January 2026) of the first application of the EU's automatic dynamic price-cap mechanism, lowering the seaborne Russian crude oil cap from US$47.6 to US$44.10 per barrel, effective 1 February 2026 (kept 15% below the six-month average Urals price, reviewed every six months). A policy threshold, not a market price; manually transcribed as a static fixture; not real-time and may be revised at the next review. Not legal or compliance advice.
Citation readiness
Why
- official publisher
- backs a source-linked observation
- deep link to the specific page/series
- manually reviewed
Limitations
- manually maintained static value, not real-time
- irregular/policy cadence; re-verify against the source
- not legal or compliance advice
Citation readiness is a derived label from the source’s authority, role, and how directly it backs a maintained value — not a correctness claim.
Indicators from this source
Live/static indicators are manually maintained from cited public sources and are not real-time. Sample rows remain labeled.
| Indicator | Value | As of | Source | Confidence |
|---|---|---|---|---|
| EU Russian crude oil price cap | 44.1 USD/bbllive · source-linked | February 1, 2026 | European Commission | High |
Facts citing this source
The G7, EU, and Australia first set the price cap on seaborne Russian crude oil at US$60 per barrel, applicable from 5 December 2022; the EU subsequently lowered its cap to a dynamic level — US$47.6 per barrel under the 18th package, then US$44.10 per barrel from 1 February 2026 — while the United States continued to apply the original US$60 level.
Where this source is used
Review status
Approaching the recommended review window for this cadence. This source backs 1 live observation; the oldest has an asOf of February 1, 2026, giving a recommended review-by date of July 31, 2026 for its unknown cadence. Review status is a re-check signal, not a correctness claim.
How to refresh: open the cited unknownsource, confirm the latest value and date, update the observation’s value, asOf, and lastReviewed, then bump the site review date. See the data review queue for sitewide priorities.
Version history
This source is byte-present in 151 frozen dataset versions (v1.37.0–v1.187.0), citing 1 observation and 1 fact. Appearances are derived from committed frozen payloads only.
Full record history: records/source--ec-crude-cap-2026/data.json.
Relationships & machine-readable
This source backs 1 observation, 1 fact, and appears in 3 provenance records. See the source JSON (includes a source relationship graph), the per-record provenance export, and the source health checklist.
Limitations
- Values referencing this source are manually maintained static fixtures, not real-time and not automatically updated.
- Figures may be revised by the publisher in later releases; review cadence depends on the source.
- Warconomy links to the publisher’s canonical page; it does not reproduce the source in full and is not affiliated with it.