On March 3, Ukrainian gas stations recorded a significant increase in fuel prices. Operators attribute this to a reaction to the surge in global market prices amid the escalating situation in the Middle East. This was reported by Apostrophe, citing the industry publication NefteRynok. PromPolitInform also reports.
On Tuesday, the OKKO and WOG chains raised gasoline and diesel prices by 2 UAH/liter. Autogas increased by 1 UAH/liter, surpassing 40 UAH/liter.
Specifically, A-95 gasoline at these chains costs 68.99 UAH/liter (+2 UAH/liter), A-95+ – 71.99 UAH/liter (+2 UAH/liter), and A-98/A-100 – 78.99 UAH/liter (+2 UAH/liter). Diesel fuel is sold at UAH 68.99/L (up UAH 2/L), premium diesel fuel at UAH 71.99/L (up UAH 2/L), and autogas at UAH 40.98–40.99/L (up UAH 1/L).
Since February 18, amid the escalation and rise in global oil prices, gasoline and diesel fuel prices at these chains have increased by UAH 5/L.
UPG made a more dramatic adjustment: gasoline and diesel fuel increased by UAH 3/L, and autogas by UAH 2/L. Now, A-95 costs UAH 65.90/L (up UAH 3/L), UPG 95 at UAH 68.90/L (up UAH 3/L), and UPG 100 at UAH 75.90/L (up UAH 3/L). Euro Diesel is selling at UAH 65.90/L (+ UAH 3/L), upg Diesel at UAH 68.90/L (+ UAH 3/L), and gas at UAH 40.0-40.5/L (+ UAH 2/L). Since mid-February, this chain has also seen a price increase of UAH 5/L.
Furthermore, other operators, including Ukrnafta, BRSM-Nafta, AMIC, SOCAR, KLO, Parallel, and Chipo, have also increased their prices by UAH 2-4/L, depending on the fuel type.
Among regional players, the most significant increase was recorded at Vt Petroleum in the Ivano-Frankivsk region. On Monday, all fuel types increased by UAH 5/L, and on Tuesday, prices increased by another UAH 3/L. This brings the total increase over the two days to UAH 8/L. In particular, autogas prices in this network have risen to 41.75 UAH/liter—one of the highest prices on the market.
We previously reported that the escalation in the Middle East has led to a rapid rise in global oil prices, which will inevitably lead to higher fuel prices in Ukraine. In addition to the immediate impact on drivers’ wallets, food costs are also likely to rise in the second half of the year. At the same time, this provides Russia with colossal financial resources to continue the war.
