Fuel Prices in Ukraine Surge: Gasoline Hits 77 Hryvnias, Diesel Reaches 88

Fuel Price Update in Ukraine

According to Главком: As of May 22, 2026, fuel prices in Ukraine have been revised upward. The average cost of A-95 gasoline stands at 77.34 hryvnias per liter, while diesel fuel is priced at 87.78 hryvnias per liter. Notably, since March 20, 2026, the 'National Cashback' program has been in effect, offering a 15% rebate on diesel, 10% on gasoline, and 5% on autogas. This initiative will run until May 31, 2026, with a maximum monthly compensation of 500 hryvnias per user.

Fuel Prices and Gas Station Market

According to data, gas station chains that have raised prices include 'Ukrnafta' (A-95, A-95+, A-92). The most expensive networks in Ukraine are 'OKKO', 'WOG', and 'Socar', while 'Ukrnafta' and 'BRSM-Nafta' remain the cheapest options. Since the beginning of May 2026, average station prices have climbed: gasoline by 16% and diesel by 39%. The Antimonopoly Committee of Ukraine has found no monopolistic practices in the fuel market.

Diesel fuel prices in Ukraine have recorded a 33.9% increase. From February 26 to March 31, 2026, diesel prices (Platts) soared by 86%, import prices rose by 58%, and station prices increased by 39%. Fuel supply volumes in March 2026 remained at 2025 levels, with nearly 85% of light petroleum products dependent on imports.

“Almost all light petroleum products, in percentage terms, are over 85% dependent on petroleum product imports” - Pavlo Kyrylenko

Average fuel prices in Ukraine as of May 22, 2026, are as follows:

• UPG (A95 - 77.40; Diesel - 86.49)
• OKKO (A95 - 79.90; Diesel - 89.90)
• WOG (A95 - 79.90; Diesel - 89.90)
• KLO (A95 - 78.40; Diesel - 87.40)
• SOCAR (A95 - 79.90; Diesel - 89.90)
• Ukrnafta (A95 - 73.90; Diesel - 86.90)
• BRSM-Nafta (A95 - 71.99; Diesel - 83.99)

Thus, the rise in fuel prices is driven by several factors, including increased demand, reduced supply, higher procurement costs for petroleum products, and rising logistics expenses.

The fuel price update in Ukraine highlights a challenging market situation, where cost increases are tied to import price fluctuations and a decline in domestic supply. The 'National Cashback' program may partially ease the financial burden on consumers, but the overall upward trend continues to raise concerns among the public and businesses. Experts emphasize the need to diversify petroleum product supply sources and develop the domestic refining industry to reduce import dependence.