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Sharp Surge in Gasoline and Diesel Prices Hits Ukraine

Sharp increase in gasoline and diesel prices
Різке зростання вартості бензину та дизельного пального в Україні.

Fuel Price Update in Ukraine as of May 13, 2026

According to Главком: As of May 13, 2026, fuel prices across Ukraine have been revised upward. The average cost of A-95 gasoline now stands at 74.34 UAH per liter, while diesel fuel has climbed to an average of 87.91 UAH per liter. This price hike stems from the country's heavy reliance on imports-over 85% following the shutdown of its largest oil refinery-combined with rising global benchmark prices.

Fuel Prices at Ukrainian Gas Stations

Prices vary across Ukrainian filling stations. At the UPG network, A-95 gasoline costs 74.90 UAH per liter and diesel 86.90 UAH per liter. OKKO charges 77.90 UAH per liter for A-95 and 89.90 UAH for diesel. WOG has similar pricing: 77.90 UAH per liter for A-95 and 89.90 UAH for diesel. KLO offers A-95 at 69.90 UAH per liter and diesel at 85.40 UAH per liter. SOCAR stations sell A-95 for 77.90 UAH per liter and diesel for 89.90 UAH per liter, while Ukrnafta prices A-95 at 71.90 UAH per liter. BRSM-Nafta provides A-95 at 69.99 UAH per liter.

Additionally, the 'National Cashback' program has been extended through May 31, 2026. Launched on March 20, it offers cashback at the following rates:

  • 15% on diesel;
  • 10% on gasoline;
  • 5% on autogas.

Users can save up to 11 UAH per liter on diesel, 7 UAH per liter on gasoline, and 2 UAH per liter on autogas. Since May 1, the maximum monthly compensation per user has been capped at 500 UAH.

Diesel prices in Ukraine have jumped by 33.9%. Between February 26 and March 31, Platts diesel quotations rose 86%, import prices increased 58%, and station prices climbed 39%. Average gasoline prices at the pump have risen 16%, and diesel 39%. The Antimonopoly Committee has found no evidence of monopolistic practices in the fuel market, confirming that price increases align with broader economic conditions.

The primary objective driver behind the price surge is Ukraine's dependence on imported petroleum products. As Pavlo Kyrylenko stated,

“since last year, after the shutdown of the largest and essentially only oil refinery in Ukraine, nearly all light petroleum products-over 85%-depend on imports.”

Rising demand, shrinking supply and inventories, and higher logistics costs have also contributed to the upward trend.

The fuel market situation in Ukraine carries significant implications for consumers and the broader economy, as fuel prices directly affect transportation costs and the price of goods and services. While the extension of the 'National Cashback' program may offer some relief, the country's heavy import dependence and exposure to global price volatility remain critical challenges requiring attention from both government and industry to stabilize the market. Investing in domestic refining capacity could be a key step toward reducing this import reliance in the future.

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