Global oil prices have fallen: the government expects fuel prices to drop
8 April 13:46
The “Ukrnafta” gas station chain was the first to respond to the sharp drop in global oil prices and began lowering its prices.
This was reported by "Komersant Ukrainian", citing a Telegram post by Ukrainian Prime Minister Yulia Svyrydenko.
“I held a meeting with the chairman of the board of Naftogaz of Ukraine regarding the current situation on global oil and petroleum product markets. We are seeing a decline in prices on major exchanges, which should directly affect fuel prices in Ukraine,” Svyrydenko noted.
According to her, the state-owned “Ukrnafta” gas station chain has already responded and begun lowering prices. If current global trends continue, a more significant price drop is expected.
“We expect a similar reaction from other market participants. The market must respond appropriately to changes in market conditions. The fuel supply situation is stable. In March, supply volumes reached a five-year high. This trend will continue in April,” the Prime Minister added.
It is worth noting that as of 12:20 p.m., at “Ukrnafta,” A-95 costs 69.90 UAH per liter, diesel fuel (DP) costs 86.90 UAH per liter, and gas costs 48.90 UAH per liter.
For comparison, yesterday, April 7, diesel fuel at Ukrnafta cost one hryvnia more; other prices remain unchanged for now.
As a reminder, diesel fuel (DP) imports into Ukraine in March 2026 totaled 577,000 tons. This figure is 27% higher than in February and 12% higher than in March of last year. Overall, this is the highest March volume in the last five years.
At the same time, in early April, the international fuel market showed record figures, which led to a rise in retail prices in Ukraine. Diesel fuel saw the most significant price increase.
The average price of A-95 gasoline rose by 1.26 UAH/liter (72.94 UAH/liter), while premium A-95 increased by 1.36 UAH/liter (76.79 UAH/liter). Diesel fuel rose by 3.88 UAH/liter (87.90 UAH/liter), and liquefied petroleum gas increased by 1.98 UAH/liter (48.84 UAH/liter).
