Fuel Price Update in Ukraine
As of May 23, 2026, fuel prices in Ukraine have been revised upward. The average cost of A-95 gasoline now stands at 77.34 UAH per liter, while diesel fuel is priced at 87.78 UAH per liter. A program called 'National Cashback' has been in effect since March 20, 2026, and has been extended until May 31, 2026. Under this initiative, consumers can receive cashback of 15% on diesel fuel, 10% on gasoline, and 5% on gas, with a maximum monthly reimbursement of 500 UAH.
Key Drivers Behind Rising Fuel Costs
The fuel market is experiencing price increases, partly due to the halt of Ukraine's largest oil refinery, which has pushed import dependency above 85%. The Antimonopoly Committee of Ukraine (AMCU) has found no evidence of monopolistic practices in the market. According to AMCU head Pavlo Kyrylenko:
'At the same time, average prices at Ukrainian gas stations rose more slowly—gasoline by 16% and diesel by 39%.' — Pavlo Kyrylenko
Significant price variation exists across different gas station chains. The most expensive fuel is sold by the Oкко, WOG, and Socar networks, while the lowest prices are found at 'Ukrnafta' and 'BRSM-Nafta' stations. For instance, Ukrnafta's fuel prices are as follows:
- A95 — 68.99 UAH
- A92 — 65.99 UAH
- Diesel — 73.99 UAH
At the KLO chain, A95 gasoline costs 73.90 UAH per liter, and diesel is priced at 87.40 UAH. Meanwhile, at Oкко, WOG, and Socar stations, A95 prices range from 79.90 UAH to 82.90 UAH per liter.
Diesel prices in Ukraine have skyrocketed by 33.9%, placing the country among the top ten globally for the fastest diesel price increases. Diesel supply volumes in March 2026 remained at 2025 levels. Between February 26 and March 31, 2026, Platts diesel prices surged by 86%, while import prices rose by 58%.
Additional factors driving price changes at gas stations include rising demand, shrinking supply and inventory levels, and higher logistics costs. Despite these pressures, the AMCU has confirmed the absence of monopolistic behavior in the fuel market—a key reassurance for consumers.
The fuel price hike in Ukraine stems not only from domestic issues but also from global market trends. Heavy reliance on imported petroleum products, especially after the refinery shutdown, places extra upward pressure on prices. The introduction of the 'National Cashback' program aims to partially offset consumer expenses, but rising diesel and gasoline costs could ripple through many sectors of the economy, affecting the price of goods and services.