No Evidence of Price-Fixing Found in Ukraine’s Fuel Market, Antimonopoly Committee Explains Rising Costs

Statement from the Chairman of the Antimonopoly Committee of Ukraine

According to Главком: During a plenary session of the Verkhovna Rada, Pavlo Kyrylenko, head of the Antimonopoly Committee of Ukraine, announced that the committee has found no signs of monopolistic behavior in the country’s fuel market. He emphasized that a large volume of data has been collected and analyzed. According to Kyrylenko, a sharp increase in imported fuel prices was recorded following the escalation of tensions in the Middle East.

Kyrylenko noted that foreign manufacturers and traders reacted swiftly to the Middle East crisis, immediately raising their selling prices.

“As a result, the arguments of domestic gas stations about the rapid rise in restocking costs have found some confirmation,” he stated.

Fuel Prices in Ukraine

Between February 26 and March 31, diesel prices surged by 86%, import prices rose by 58%, and prices at gas stations climbed by 39%. Average prices at Ukrainian gas stations showed that gasoline increased by 16%, while diesel became 39% more expensive. As of April 30, 2026, the average cost of A-95 gasoline is 73.03 hryvnias per liter, and diesel fuel averages 88.03 hryvnias per liter.

Kyrylenko added that the committee is continuing its investigation, but for now, the majority of gas station chains are behaving differently, “which does not provide grounds for premature conclusions about them engaging in anti-competitive concerted actions.” He stressed that the market is free and not monopolized, with around 1,200 operators of various sizes active, making it inappropriate at this time to speak of abuse of monopoly power.

This announcement highlights that the Antimonopoly Committee of Ukraine is actively analyzing the fuel market to ensure competition and protect consumers. Given the global crises that can impact prices, it is crucial to monitor market changes and ensure transparency in pricing. At the same time, the continuation of the investigation demonstrates the committee’s commitment to overseeing the situation and responding to potential threats to competition.

In light of the recent findings from the Antimonopoly Committee regarding fuel prices, it is noteworthy that the committee has also mandated gas stations to reduce their fuel prices within a specified timeframe. This decision aims to alleviate the financial burden on consumers amid rising costs. For more details on the committee's latest actions and their implications for the fuel market, read more about the price reduction order.