Gas Prices in Ukraine Decrease: Details and Forecasts

In Ukraine, a decrease in the price of A-95 gasoline has been noted. As of April 9, the average price of gasoline is 55.72 UAH/l, which is 8 kopecks lower compared to the previous day. Since the beginning of the week, the price of this fuel has dropped by 10 kopecks.

This is reported by AgroReview

According to the consulting group “A-95”, major gas station networks offer gasoline at prices ranging from 49.95 to 58.99 UAH/l. The highest prices are recorded at WOG and OKKO stations, where gasoline costs 58.99 UAH/l. Other high prices are set at gas stations: “Rur Group” – 57.99 UAH/l, Shell – 57.95 UAH/l, SOCAR – 57.66 UAH/l. The lowest prices are offered by “Avantage 7” at 49.95 UAH/l, while RLS offers gasoline at 50.4 UAH/l.

Expert Forecasts on Fuel Prices

Experts note that after the recent drop in oil prices, there is also a trend towards decreasing fuel prices in the Ukrainian wholesale market. The beginning of this process was noted at the end of last week. However, specialists claim that a decrease in prices at gas stations can be expected no sooner than in two weeks.

The potential decrease in prices could amount to 5-6 UAH/l, but in the near future, it is worth being prepared for a reduction within the range of 0.5-1 UAH/l. However, there is a risk that the decrease in gasoline prices may be lower than forecasted due to the rising euro. This is related to the fact that fuel excise taxes in Ukraine are calculated in euros, and an increase in the euro exchange rate may affect fuel prices.