Fuel Cashback Program Ends: Petrol and Diesel Prices as of June 2

Fuel Price Update in Ukraine

According to Главком: As of June 2, 2026, fuel prices in Ukraine have been updated. The average cost of A-95 petrol is 76.70 UAH per liter, while diesel fuel stands at 86.84 UAH per liter. A fuel cashback program was in effect from March 20 to May 31, 2026, during which 2.3 million Ukrainians benefited from rebates of 10% on petrol, 15% on diesel, and 5% on autogas.

Fuel Prices and the Filling Station Market

Regarding fuel prices, the most expensive filling station networks in Ukraine are Okko, WOG, and Socar. The cheapest prices are offered by Ukrnafta and BRSM-Nafta. For instance, the price of A-95 petrol at UPG stations is 76.40 UAH per liter, while at Okko it is 79.90 UAH per liter. Among other station prices, diesel at UPG costs 84.26 UAH, compared to 88.90 UAH at Okko.

Diesel prices in Ukraine have risen by 33.9%. In March 2026, diesel supply volumes remained at 2025 levels. From February 26 to March 31, diesel prices according to Platts statistics surged by 86%, while prices at filling stations increased by 39%. At the same time, petrol prices rose by 16%.

Pavlo Kyrylenko noted that the main objective factor behind the price increase is that 'since last year, after the shutdown of the largest and essentially only oil refinery in Ukraine, nearly all light petroleum products, in percentage terms 85%+, depend on the import of petroleum products.'

The Antimonopoly Committee of Ukraine found no monopolistic actions in the fuel market. However, it highlighted several factors contributing to the price increase, including:

• rising demand and declining supply and reserves;
• increases in the actual cost of purchasing petroleum products;
• expectations of further increases in the cost of petroleum products;
• higher logistics service costs;
• the inability to compare fuel storage conditions and volumes within Ukraine.

As a result, the fuel market situation in Ukraine remains challenging, with rising prices and heavy reliance on imports, raising concerns among consumers.

The increase in fuel prices in Ukraine reflects broader economic challenges facing the country, including limited domestic oil refining capacity and heightened demand. The cashback program, which was active during this period, aimed to ease the impact of high prices on consumers. However, given the ongoing price hikes, it is important to monitor further market developments and the government's response to these issues.