The old stocks have been exhausted, and there will be no more prices. Ukrainians have been warned about the rise in fuel prices.
Ukraine has run out of gasoline and diesel fuel purchased by gas station chains before the return of “pre-war” taxes. As a result, fuel prices may rise by an additional UAH 3-4 per liter in the near future.
This means that the price of A-95 may reach about 51.5-52.5 UAH/l in the coming weeks. This forecast was made by Leonid Kosyanchuk, CEO of one of the gas station chains
“Privat Group has already risen by UAH 1. Until now, they were holding on to old stocks, thanks to the revision of margins and loyalty systems, but this is over. No one is going anywhere, prices will be raised. We import 98% of our fuel, and taxes are paid at the border,” explained Kosyanchuk.
Kosyanchuk believes that we should not expect prices to decline due to favorable external conditions. The reason for the price increase is the return of the full amount of VAT (20%, previously the rate was 7%) on July 1. Within weeks, gas station chains were running out of old stock. And now we have to revise the price tags.
Prime Group founder Dmitry Leushkin agrees with this forecast. “Of course, we won’t reach 60 hryvnias yet, but 55 is already being felt… June fuel, the “pre-tax” fuel, is already running out, and July pricing is simply on a different plane, several floors higher,” Leushkin said.
