G7+ Coalition Oil Price Cap List

This Annex outlines the price cap for crude oil and petroleum products determined by the G7+ Coalition, as referenced in the Special Economic Measures (Russia) Regulations.

GOODS	HARMONIZED COMMODITY DESCRIPTION AND CODING SYSTEM CODE	PRICE CAP (USD per barrel)
^* All goods covered by this code that are not explicitly listed above
Crude oil	2709	$60
High-value petroleum products, including: Gasoline, motor spirits, aviation spirits, motor fuel blend stocks, gasoil and diesel fuel, kerosene and kerosene-type jet fuel, and vacuum gas oil	2710 12 90 11 2710 12 90 14 2710 12 90 16 2710 12 90 19 2710 12 90 20 2710 12 90 92 2710 12 90 93 2710 12 90 94 2710 19 99 11 2710 19 99 19 2710 19 99 23 2710 19 99 24 2710 19 99 25 2710 19 99 29 2710 19 99 93 2710 19 99 95 2710 19 99 99	$100
Low-value petroleum products, including: Residual fuel oils, naphthas, and waste oils	2710^*	$45

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Date modified:: 2023-02-03

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G7+ Coalition Oil Price Cap List

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