As we already wrote yesterday, the rise in fuel prices both wholesale and retail was provoked by the fall in the national currency exchange rate. The Ukrainian government stopped artificially restraining the hryvnia's decline, which caused the dollar to rise.
As is known, about 80% of the cost of domestic fuel is formed by its purchase price. Since Ukraine has virtually no oil of its own, raw materials, or more often finished fuel, are bought for foreign currency.
Over the past three days, fuel prices have risen by 50-60 kopecks, and premium grades of A-95 gasoline are already approaching the mark of 14 UAH per liter. Experts predict that oil product prices will continue to rise.
