Global quotations for oil and diesel fuel have risen sharply, which has already affected the procurement prices of Ukrainian companies. According to experts, the new stock market indicators are automatically factored into fuel supply contracts, so prices at gas stations react almost instantly. Expert Serhii Kuiun writes about this.
Fuel prices in Ukraine depend on stock market quotations
As fuel expert Serhii Kuiun explained, long-term contracts of Ukrainian companies are not concluded at a fixed price. The procurement formula takes into account international stock quotes and data from specialized agencies.
Because of this, the market responds to price changes almost immediately. For example:
-
oil rose to $117 per barrel;
-
diesel fuel increased to $1367 per ton;
-
over the weekend, the price of diesel rose by approximately $200.
In terms of the Ukrainian market, this means about 80 UAH per liter of diesel at the border without retail markup.
The expert emphasizes that these stock indicators form the cost of new deliveries. According to him, during the crisis the price of diesel fuel in global markets has risen by approximately $600 per ton, which is equivalent to almost 30 UAH per liter.
The rise in diesel fuel prices explains the increase in gas station prices
Despite the sharp rise in the international market, retail prices in Ukraine have increased by about 6–8 UAH per liter over the past week.
The formation of prices at gas stations includes several components:
-
taxes – about 2.5 UAH/l;
-
operating costs – 3–3.5 UAH/l;
-
transportation costs – approximately 1 UAH/l.
The total margin in 2025 was about 8–9 UAH per liter.
Kuiun also emphasized that a key problem for the market may be not only the price but also the availability of resources. Due to supply restrictions, the government needs to work with international partners to stabilize fuel imports.
The expert believes that one possible tool for price regulation could be reducing the tax burden. By analogy with 2022, when VAT on fuel was temporarily reduced from 20% to 7%, this could lower retail prices by approximately 10 UAH per liter.
Let us remind you that the Verkhovna Rada created a strategic fuel reserve.