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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.

GOODSHARMONIZED COMMODITY DESCRIPTION AND CODING SYSTEM CODEPRICE CAP (USD per barrel)
* All goods covered by this code that are not explicitly listed above
Crude oil2709$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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