Gasoline and Diesel Prices in Ukraine Updated as of May 31
Fuel Prices in Ukraine as of May 31, 2026
According to Главком: On May 31, 2026, fuel prices across Ukraine were revised. The average cost of A-95 gasoline now stands at 76.70 UAH per liter, while diesel fuel is priced at 86.84 UAH per liter. Data shows that the OKKO, WOG, and Socar chains offer the most expensive gasoline and diesel, whereas Ukrnafta and BRSM-Nafta provide the cheapest options. Some operators reduced the price of diesel and premium diesel (DP+) by 1 UAH per liter, and at one network, A-95+ gasoline dropped by 2 UAH.
Fuel Prices Across Different Networks
Fuel prices vary by network. For example:
- UPG: A-95 gasoline - 76.40 UAH, A-95+ - 78.40 UAH, diesel - 84.26 UAH, DP+ - 86.90 UAH.
- OKKO and WOG: A-95 gasoline - 79.90 UAH, diesel - 88.90 UAH.
- KLO: A-95 gasoline - 73.90 UAH, diesel - 86.40 UAH.
- SOCAR: A-95 gasoline - 79.90 UAH, diesel - 88.90 UAH.
- UKRNAFTA: A-95 gasoline - 74.90 UAH, diesel - 85.90 UAH.
- BRSM: A-95 gasoline - 73.99 UAH, diesel - 81.99 UAH.
Additionally, the National Cashback program is active in Ukraine, launched on March 20, 2026. This initiative offers a 15% cashback on diesel, 10% on gasoline, and 5% on autogas. The maximum monthly compensation per user is up to 500 UAH, and the program has been extended through May 31, 2026.
Diesel prices in Ukraine have surged by 33.9%, placing the country among the top ten globally for the fastest diesel price increases. From February 26 to March 31, Platts statistics show a 86% rise in diesel prices, a 58% increase in import costs, and a 39% jump at gas stations. Average pump prices indicate gasoline rose by 16%, while diesel climbed by 39%.
Key factors driving these price hikes include:
- Growing demand volumes.
- Reduced supply and inventory levels.
- Higher actual costs for purchasing petroleum products.
- Expected further increases in production costs.
- Rising logistics expenses.
- Inability to compare storage conditions and volumes for fuel within Ukraine.
'The main objective factor influencing the price increase is that, starting 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.' - Pavlo Kyrylenko
These fuel price updates occur amid significant market volatility driven by both domestic and international factors. The growing reliance on imported petroleum products following the closure of a key refinery threatens price stability. While the cashback program may partially offset consumer costs, the overall upward trend highlights a challenging situation in the energy sector. Monitoring further market changes and consumer responses to new prices remains crucial.
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