Ukraine’s retail market demonstrates a slight excess of supply of motor fuel. Prices largely remained unchanged after the NBU devaluated hryvnia by 25%, to 36.6 hryvnias per dollar, last week.

Maksym Bielawski, a leading expert on energy programs at the Razumkov Center, said this in a comment to RBC Ukraine.

"If we take all motor fuels, there is some surplus on the market," he said, noting that the situation is better with LPG car fuel and diesel fuel, and a little worse with petrol.

According to his words, after the dollar to hryvnia exchange rate rose on July 21, wholesalers raised the prices, primarily, of diesel fuel and petrol, by about 10 hryvnias per litre, but due to sufficient stocks for the market, the prices fell again to the previous level.

"As you can see, the exchange rate fluctuations had little impact on the current situation both on the wholesale and retail markets," Mr. Bielawski said.

As the expert noted, there is no shortage on the market as such. "The surplus of diesel fuel is the greatest. Actually, this is due to traders' expectations of increased demand from farmers for the harvesting season. This caused a surplus of diesel fuel on the retail market," he added.

According to his words, one can fill the tank with diesel fuel at fuel stations more easily than with petrol. "You can also get A-95 petrol, but the number of fuel stations offering it is smaller," he added.

"Regarding gas, the situation with propane-butane is the best," he added, noting that its price has fallen significantly, since the market is oversaturated due to imports and domestic production.

Fuel prices

As Mr. Bielawski said, since the beginning of July, the average price of diesel fuel at Ukrainian fuel stations fell by 2%, to UAH55.36 per liter, LPG car fuel became cheaper by 32% — UAH 29.41, the price of A-95 petrol did not change — UAH50.50.