Ukrainian Gas Stations May See Gasoline Prices Drop to UAH 80/L by End of November
Retail gasoline prices in Ukraine could decrease by around 10% over the next two to three weeks, reaching UAH 80 per liter or lower. Meanwhile, autogas prices are expected to rise due to global shortages.
🛒Ціни та тарифиPhoto: Інтерфакс-Україна: економіка
Key points
- Retail gasoline prices could decline to UAH 80/l within two to three weeks.
- Wholesale gasoline prices dropped to UAH 74.70/l, with customs prices at UAH 65-66/l.
- Autogas prices are rising and could reach UAH 66/l in late November.
A trend towards a noticeable drop in motor fuel prices is developing across Ukraine's wholesale and retail markets. According to estimates by the A-95 consulting group, retail gasoline prices could decline to UAH 80 per liter or lower within two to three weeks, representing a drop of approximately 10%.
Factors and Price Dynamics
The primary driver behind the retail shift is a sharp adjustment in wholesale prices, which plummeted by UAH 10 to UAH 74.70/l. Furthermore, current customs import prices stand at UAH 65–66/l. National and regional gas station chains have already begun reducing prices by UAH 1–3, bringing the national average gasoline price down to UAH 88/l.
Analysts also point to conditions favoring cheaper diesel fuel, expecting prices to drop below UAH 100/l by the end of November. However, October experienced supply shortages, driving road tanker imports above 105,000 tons—the highest volume recorded since autumn 2023.
Opposing Trend for LPG
Despite positive forecasts for gasoline and diesel, the autogas market displays the opposite trend. Experts predict that during the second half of November, liquefied petroleum gas (LPG) prices at certain retail networks may rise up to UAH 66/l due to global supply deficits and logistics disruptions.
Source Інтерфакс-Україна: економіка — interfax.com.ua/news/economic/1235745.html ↗
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