Fuel prices in Ukraine will not decrease – Serhii Kuiun

One of the key indicators of price changes is the difference between retail and wholesale prices – essentially, the markup margin. As of today, this margin is at its lowest in recent years, suggesting that prices are more likely to rise than fall.

This was stated by Serhii Kuiun, a fuel market expert, during a briefing at the Media Center Ukraine.

“In just one month, oil prices rose from $65 to $70 per barrel, dropped to $67, and then climbed back up to $70. Previous predictions suggested that prices would decline, but daily monitoring now shows only upward trends. Therefore, despite previous forecasts, current expectations indicate that fuel prices will not drop. However, they are also unlikely to rise significantly in the near term,” Kuiun noted.

The expert emphasized that the fuel market remains highly volatile. Over the past few months alone, oil prices have fluctuated multiple times, making accurate predictions difficult.

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