Diesel in Ukraine may rise by 3 hryvnias: reason for the sharp jump named.
The impact of the meeting between Trump and Orban on the diesel market
According to inkorr.com: The meeting of US President Donald Trump with Hungarian Prime Minister Viktor Orban significantly affected oil markets, which, in turn, led to an increase in the cost of diesel fuel in Europe. As a result, fuel prices at Ukrainian gas stations have sharply risen. Experts believe that diesel prices may continue to rise, given forecasts of increasing European quotes.
Restrictions and supply prospects
Before the meeting between Trump and Orban, oil quotes showed slight growth, but the market remains constrained due to the capacity of the Druzhba pipeline. The US granted Hungary permission to import Russian oil, which may encourage other countries to seek similar reliefs from sanctions.
Diesel and propane-butane prices in Ukraine
Diesel prices in Ukraine have risen, and even the potential unblocking of supplies from the Romanian port of Constanta will not significantly resolve the situation. Specialist forecasts indicate a possible increase in diesel fuel prices by 3 UAH/l in the coming weeks.
As for propane-butane prices, their instability is caused by market fluctuations. Although a slight decrease in wholesale prices for propane-butane is expected, the cost of gas at Ukrainian gas stations will remain at the same level.
Thus, the increase in fuel prices in Ukraine is directly related to the rise in diesel prices in Europe, which resulted from negotiations between Trump and Orban. This may significantly influence the price dynamics at Ukrainian gas stations in the coming weeks.
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