The expert explained how the dollar exchange rate affects the price of every liter of gasoline: what to expect this summer.
The Ukrainian fuel market has changed significantly over the last three years, primarily due to the influence of the dollar exchange rate. According to the director of the 'Consulting Group A-95' Serhiy Kuyn, every increase in the hryvnia against the dollar leads to a rise in gasoline or diesel prices by 80 kopecks. This has all happened due to global factors such as oil product prices and the exchange rate.
Over the past three years, there have been significant changes in the fuel market in Ukraine. Previously, fuel was mainly supplied from Russia and Belarus, but now Ukraine receives it from around the world through European countries. The main suppliers have become European countries such as Romania, Poland, Lithuania, and Germany for gasoline, as well as Poland, Romania, Slovakia, Greece, and Turkey for diesel fuel.
In recent years, there have been significant changes in the Ukrainian fuel market: price increases due to the influence of the dollar exchange rate and changing suppliers who now bring fuel from European countries.
Read also
- Wheat Prices Surge After Ukrainian Drones Halt Shipping in the Sea of Azov
- Over Half a Million Russians Declared Bankrupt as Economy Cracks Under Pressure
- Ukraine’s Inflation Trend Shifts: Fuel Costs Drop While Service Prices Climb
- Fear of a New Mobilization Wave Drives Russians to Mass-Buy Property Abroad
- Moscow Admits Fuel Shortage for First Time Amid Drone Strikes: Long Lines at Gas Stations and Crisis Affecting 50 Million Russians
- World Bank Disburses $3.35 Billion to Ukraine: Here’s How the Funds Will Be Used

