Ukraine Fuel Prices as of May 28, 2026
As of May 28, 2026, Ukraine has published updated fuel prices. The average cost for A-95 gasoline is 76.70 UAH per liter, while diesel stands at 87.35 UAH per liter. Despite significant market volatility, most gas station chains have kept their prices unchanged, with one exception—a single network reduced its autogas price by roughly 50 kopecks per liter. The highest prices for gasoline and diesel are offered by the Okko, WOG, and Socar chains, while the most affordable fuel is available at Ukrnafta and BRSM-Nafta.
Factors Driving Pricing Policy
A key factor behind these pricing trends is Ukraine's heavy reliance on imports for over 85% of its light petroleum products, following the shutdown of the country's largest oil refinery. According to Pavlo Kyrylenko,
“the main objective factor that influenced the price increase is that, starting last year, almost all light petroleum products—over 85% in percentage terms—depend on imported oil products.”
The 'National Cashback' program, which has been in effect since March 20, 2026, offers compensation of 15% on diesel, 10% on gasoline, and 5% on autogas. Starting May 1, 2026, the maximum monthly compensation per user is capped at 500 UAH. The government has extended the program until May 31, 2026, a move that could help ease the financial burden on consumers.
It is worth noting that diesel prices in Ukraine have surged by 33.9% since the beginning of the year. In March 2026, diesel supply volumes remained at 2025 levels, yet according to Platts data, diesel prices jumped by 86% between February 26 and March 31, 2026. Over the same period, import costs rose by 58%, while prices at gas stations increased by 39%. Meanwhile, average gasoline prices at gas stations rose by 16%, and diesel prices climbed by 39%.
Additional factors contributing to the rise in fuel prices include:
- increasing demand volumes;
- reduced supply and inventory levels;
- higher logistics costs.
Pavlo Kyrylenko noted that
“at the same time, average prices at gas stations in Ukraine grew more slowly—gasoline by 16%, diesel by 39%.”The Antimonopoly Committee of Ukraine has stated that it sees no monopolistic practices in the fuel market, indicating a competitive environment among suppliers.
The fuel market situation in Ukraine reflects the challenging conditions the country faces, particularly due to its reliance on imported supplies. Elevated diesel and gasoline prices could have a negative impact on the economy, especially on transportation costs and the price of goods. The 'National Cashback' program has the potential to reduce the financial strain on consumers, but its effectiveness will depend on price stability and improvements in the import landscape. As prices continue to climb, it is crucial to monitor market changes and their effect on consumer behavior.