Fuel Prices in Ukraine Updated: A-95 Hits 74 UAH, Diesel Reaches 89 UAH

Ukraine Fuel Price Update as of May 7, 2026

According to Главком: As of May 7, 2026, fuel prices in Ukraine have been revised. The average cost of A-95 gasoline now stands at 74 UAH per liter, while diesel fuel has climbed to an average of 89 UAH per liter. These pricing changes come alongside the National Cashback program, running until May 31, 2026, which offers up to 500 UAH in monthly compensation per user. For English-speaking readers, this program is part of Ukraine's broader efforts to ease the financial burden on drivers amid global fuel price volatility.

Average Fuel Prices and Cashback Program Details

Average fuel prices as of May 7, 2026, vary across different retail chains. The most expensive options are found at Okko, WOG, and Socar, while the cheapest are offered by Ukrnafta and BRSM-Nafta. For instance, the UPG network sells A-95 gasoline at 74.90 UAH per liter and diesel at 87.90 UAH per liter. Meanwhile, Ukrnafta offers A-95 gasoline at 70.90 UAH per liter and diesel at 87.90 UAH per liter.

The National Cashback program, launched on March 20, provides a 15% rebate on diesel, 10% on gasoline, and 5% on autogas. Maximum savings reach up to 11 UAH per liter on diesel, 7 UAH on gasoline, and 2 UAH on autogas. Extended through May 31, 2026, the program allows users to receive up to 500 UAH in compensation each month.

Ukraine is experiencing a significant rise in diesel prices, which have surged by 33.9%. Experts attribute this increase primarily to import dependency, as over 85% of light petroleum products rely on foreign supplies. Oleksiy Sobolev, head of the Ministry of Economy, and Serhiy Kuyun, director of the A-95 consulting group, explain that the price hike is driven by global market quotations and strong demand for fuel.

'The main objective factor influencing the price increase is that starting last year-after the shutdown of Ukraine's largest and essentially only oil refinery-nearly all light petroleum products, in percentage terms over 85%, depend on imports.' Pavlo Kyrylenko, head of the Antimonopoly Committee

In March 2026, diesel supply volumes remained at 2025 levels, yet from February 26 to March 31, diesel prices according to Platts rose by 86%. Concurrently, import prices increased by 58%, and prices at gas stations climbed by 39%. Average station prices showed growth: gasoline rose by 16%, and diesel by 39%.

Amid these changes, concerns about a potential diesel shortage have emerged. However, no deficit is currently forecast, which could positively impact price stability in the near term.

The rise in fuel prices in Ukraine, particularly for diesel, occurs against a backdrop of import dependency and global economic factors. The National Cashback program, active until the end of May, may partially offset consumer costs, but the question of price stability remains pressing due to shifting supply and demand dynamics. Going forward, monitoring price trends and potential changes in petroleum product supply will be crucial, as these factors could affect consumer spending and the broader economy.