Experts named three scenarios for fuel price changes in Ukraine.
Experts claim that the main factor restraining the growth of fuel prices in Ukraine is the competition among gas stations. Networks are reducing their profitability and offering discounts to customers. New players in the market ensure a constant oversupply, actively working while reducing their income to 5-10 dollars per ton. A consultant from the 'A-95' company predicts that gas stations are more likely to lower their profits than raise prices due to decreased demand from farmers. The competitive struggle in the market forces gas stations to reduce their profitability.
The fuel discounts regularly offered by gas station networks on weekends indicate the presence of a safety cushion in these companies.
The global situation in the oil market and potential sanctions against Russian oil suppliers or changes in demand from India and China could significantly affect oil prices and fuel prices in Ukraine. The mobilization of military conscripts and the absence of active trips by citizens also contribute to the restraint of fuel demand. However, demand for oil from China and changes in the production plans of Saudi Arabia could lead to price fluctuations. The National Bank warns of a possible increase in fuel prices in the near future.
Read also
- China Demands a Fivefold Price Cut: Stalemate in Power of Siberia 2 Pipeline Talks
- Ukraine’s Parliament Ratifies Free Trade Deal with Turkey: What It Means for Trade and Economy
- Kyrgyzstan Imposes Indefinite Ban on Gasoline and Diesel Exports: What It Means for the Region
- 21-Year Low: Russia's Oil Refining Output Plummets After 50 Strikes in 100 Days
- Fuel Shortage Spreads Across 78 Regions, Pushing Russia Toward a Food Crisis
- China's Trade Leverage Over Russia Surges from 10% to 40% as Putin Becomes the Dependent Partner

