Fuel Prices in Ukraine Climb Again: Latest Costs for Gasoline and Diesel

Ukraine's Fuel Market Sees Price Adjustments

According to Главком: As of March 21, 2026, fuel prices at Ukrainian filling stations have been updated. The average price for A-95 gasoline is now approximately 73.6 UAH per liter, while the cost of diesel fuel has increased by 1-2 UAH, reaching roughly 83.8 UAH per liter. This price hike for diesel was observed across several major retail chains:

• Okko stations raised prices by 2 UAH;
• WOG increased costs by 2-2.50 UAH, depending on the fuel type;
• UPG hiked the price for diesel and premium diesel by 1.50 UAH;
• The Socar network saw a 1 UAH increase for diesel.

The Antimonopoly Committee of Ukraine plans to investigate the situation in the fuel market. These domestic changes come as global oil prices have surged past $100 per barrel for the first time since 2022. Futures for U.S. crude oil jumped by 14.7%, and the price of Brent crude reached $104. These international factors are likely to influence future price developments in Ukraine's fuel sector.

Government Pledges Action to Curb Costs

Ukrainian authorities have promised to implement measures to restrain fuel prices. As President Volodymyr Zelenskyy noted,

"the government will strive to curb the rise in gasoline prices"

. Additionally, Economy Minister Yulia Svyrydenko announced that citizens will be eligible for a state cashback when purchasing fuel at stations.

If fuel costs continue to rise, prices for agricultural products may increase by no more than 1-2%, according to Deputy Minister of Agrarian Policy Taras Vysotskyi. Fuel expenses account for 10-15% of the production cost in agriculture, which could impact the formation of food prices in Ukraine. This situation is particularly sensitive as fuel is a major input cost for the country's critical farming sector.

The rise in Ukrainian fuel prices occurs against a backdrop of increasing international oil costs, which may prompt further increases at the pump. The government's response and planned measures, such as providing cashback, could become important tools for mitigating inflationary pressures, especially in agriculture where fuel costs significantly influence final prices. The situation remains fluid, and further regulatory actions may substantially impact Ukraine's fuel market.