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
- Strategic Resource — How Many Gas Fields Are in Ukraine
- Minus 20 billion UAH — Hetmancev explained why the budget is losing money
- Lithium Reserves of 490 Million Tons — What Valuable Metal Has Been Found in China
- Salary and Financial Assistance - What You Need to Know About Payments to Police Officers
- Housing in the capital has become more expensive — why buying has become easier
- Leaders of minerals - which metal is most abundant in Ukraine