Fuel Prices in Ukraine See Sharp Increase

Current Fuel Price Situation in Ukraine

According to Главком: As of May 16, 2026, Ukrainian gas stations have updated their fuel prices. The average cost of A-95 gasoline has reached 74.34 UAH per liter, while diesel fuel averages 87.75 UAH per liter. According to the data, the highest prices are found at the OKKO, WOG, and SOCAR chains, whereas the lowest prices are offered by Ukrnafta and BRSM-Nafta.

Fuel Prices Across Different Networks

It is worth noting that the UPG network offers A-95 gasoline at 74.90 UAH, diesel at 86.49 UAH, and LPG at 46.90 UAH. At OKKO, A-95 gasoline costs 77.90 UAH, diesel 89.90 UAH, and LPG 48.90 UAH. Similarly, WOG lists A-95 at 77.90 UAH, diesel at 89.90 UAH, and LPG at 48.90 UAH. SOCAR charges 77.90 UAH for A-95, 89.90 UAH for diesel, and 49.98 UAH for LPG. At KLO, prices are 71.80 UAH for A-95, 87.40 UAH for diesel, and 47.50 UAH for LPG. Meanwhile, Ukrnafta sells A-95 at 71.90 UAH, and BRSM-Nafta offers it at 69.40 UAH per liter.

Additionally, the 'National Cashback' program remains active and has been extended until May 31, 2026. Under this initiative, consumers can receive:

• 15% cashback on diesel
• 10% on gasoline
• 5% on autogas

The maximum monthly compensation per user is 500 UAH as of May 1, 2026. Since the program launched on March 20, 2026, the potential savings per liter have reached up to 11 UAH for diesel, 7 UAH for gasoline, and 2 UAH for autogas.

According to the Antimonopoly Committee of Ukraine (AMCU), from February 26 to March 31, 2026, diesel prices surged by 39%, while gasoline rose by 16%. However, there is no diesel shortage in the country. The rate of diesel price increase during this period was 33.9%. As AMCU Chairman Pavlo Kyrylenko stated,

'The main objective factor influencing the price increase is that, since last year, nearly all light petroleum products-over 85%-depend on imports.'

He also emphasized that 'average prices at Ukrainian gas stations rose more slowly, with gasoline up 16% and diesel up 39%.'

The projected rise in fuel prices is linked to several factors, including growing demand, reduced supply and inventory levels, and higher actual costs of purchasing petroleum products. Other contributing factors are increased logistics expenses and the inability to compare storage conditions and capacities within Ukraine. Fuel supply volumes in March 2026 remained at 2025 levels, which also affected the market pricing.

The fuel price hike in Ukraine stems from both domestic and international factors, particularly the reliance on imported petroleum products and shifts in global markets. The 'National Cashback' program may partially offset rising costs for consumers, but the market will remain influenced by supply and demand dynamics. Monitoring fuel prices and market developments will continue to be a key concern for Ukrainian consumers and businesses in the coming months.