Wholesale Diesel Prices in Ukraine Decrease, Risk of 100 UAH per Liter Eliminated

Wholesale diesel prices in Ukraine have decreased for the first time in a month, reducing the risk of prices rising to 100 UAH per liter. Supply issues for fuel remain, and the tense situation in the market may continue until mid-August. Wholesale prices still exceed retail prices, but normalization is expected within one to two days. Retail prices may remain stable in August as batches purchased at high prices at the end of July enter the market. The price decrease is linked to a cooling external market and reduced panic demand from farmers and carriers. However, supplies remain limited: the Polish company Orlen has cut quotas for Ukrainian buyers by 20-30% due to technical issues. Additional loads are observed at western crossings due to the accumulation of grain trucks. In July, Ukraine imported 5% more diesel than last year, but a shortage is still felt. Earlier, August promised to be a test for drivers as diesel prices approached 100 UAH per liter, but oil prices began to decline at the end of July.

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