Expert explained how falling oil prices will affect gasoline prices.
According to recent data, if oil prices remain at $65 per barrel for another month, this could lead to a decrease in fuel prices for Ukrainian drivers. The director of the 'Consulting Group A-95', Serhii Kuyun, asserts that gasoline and diesel prices could drop by 1-2 hryvnias within two weeks. If the oil price remains at $65 for the entire month, fuel could become even cheaper - by 3-3.5 hryvnias per liter. However, Kuyun warns that the oil market is extremely volatile and prices can change rapidly.
Oil barrel prices change very quickly, so we cannot guarantee stable fuel price reductions.
As for autogas, the situation is less predictable, as its price is determined not only by the oil market but also by the petrochemical sector. However, Kuyun believes that the price of autogas could also decrease. He also emphasizes the geopolitical aspect of falling oil prices and its impact on the Russian economy, which relies on oil export revenues. According to him, lower oil prices will complicate the financing of the Russian Kremlin and limit its military actions.
It is worth noting that in Ukraine, ethanol will start to be added to fuel, which may affect the price and quality of fuel for drivers.
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