Fuel Prices in Ukraine in May 2026: Analysis of Trends and Expert Commentary

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Fuel Prices in Ukraine in May 2026: Analysis of Trends and Expert Commentary

At the beginning of May 2026, fuel prices at Ukrainian gas stations remain predominantly stable, although certain types of fuel show slight fluctuations. A comparison of gasoline and diesel prices in April and March allows for an assessment of the trends in Ukraine’s fuel market.

This is reported by Finway

Price Dynamics: Gasoline, Diesel, Autogas

Premium gasoline A-95+ at Ukrainian gas stations in early May is holding steady at 75.76 UAH/l, which is slightly above the end of March figure (75.41 UAH/l). Regular gasoline A-95 costs around 72.39 UAH/l, which also exceeds the March price of 71.73 UAH/l. Thus, a moderate increase is noted, but without significant jumps.

In the A-92 gasoline segment, an increase has been recorded: in April, the price was 67.23 UAH/l, while in March it was 66.56 UAH/l. Diesel fuel shows the largest increase — the average price in April was 88.07 UAH/l, significantly exceeding the March figure of 85.23 UAH/l. This makes diesel the most expensive type of fuel with a trend towards further growth.

As for autogas, the price rose to 48.69 UAH/l in April compared to 46.54 UAH/l in March. Despite some increase, the price of autogas remains within the typical market volatility.

Expert Assessment: Is Fuel Really Only Getting More Expensive?

Energy expert and head of the “Consulting Group A-95” Sergey Kuyun emphasized that the widespread belief in Ukraine about the “eternal rise” of fuel prices does not correspond to reality. He noted that such statements are often linked to market monopolization, but analysis shows a completely different picture.

“Fuel is only getting more expensive and never cheaper! I hear this constantly. They say it’s a sign of market monopolization,” Kuyun wrote.

According to the expert, even despite the increase in fuel prices in 2025 against the backdrop of falling oil prices globally, when considering all tax and currency changes, the dynamics of the Ukrainian market actually mirrors global trends. He analyzed the last 10 years and compared world oil prices and fuel costs in Ukraine, taking into account taxes and exchange rates, concluding that the domestic market clearly repeats the external one.

At the same time, Kuyun acknowledges that there have been exceptional periods of sharp price increases, particularly in the spring of 2022 during shortages. After supply stabilization, the market returned to usual levels. He also noted that the fuel market in Ukraine remains highly competitive due to the large number of players in retail and wholesale trade. Any delay in responding to changes immediately leads to a loss of consumers.

At the beginning of May, the currency and oil markets remain unstable: Brent oil is trading at 109.72 dollars per barrel, WTI at 105.37 dollars, and Russian Urals at 116.06 dollars per barrel.