Fuel prices at Ukrainian filling stations could jump at least 50 kopecks per liter - expert
Retail price of fuel at Ukrainian filling stations would grow more in the near term, by at least 50 kopecks per liter, Director of the A-95 consulting group Serhiy Kuyun has said.
"The key factor of growth is crude oil price hikes in the world. Only in the first ten days of January the price of oil grew from $66 to $71 in global markets. For your reference: a year ago the price of oil was $55, and the average annual price was almost the same. Strengthening of global currencies, especially the euro, to which the excise duties for fuel are pegged, contribute to the price growth. All these things indicate that in the near term the prices would grow by at least 50 kopecks per liter in the near term," he told Interfax-Ukraine.
The expert said that the increase in the prices would stop as soon as the factors provoking the growth – oil price hikes and weakening of the hryvnia – disappear.
Ukraine buys nuclear fuel worth $549 mln in 2016
Preparing construction site for spent nuclear fuel storage facility to be finished in Aug 2017
Inclusion of retail fuel excise duty into basic rate to boost budget revenue by some UAH 8 bln
Ukrainian government increases minimum alcohol prices
Finance ministry fails to fight shadow trade with fuel – association
Fiscal service denies information about scraping funding infrastructure projects on Ukrainian border by EU
Horizon Capital wants to invest $100-200 mln in Ukraine in five years
Most large Ukrainian companies seek to increase expenses on cyber security in 2018
Amount of procurement technical assistance raised by Ukraine in 2017 falls by $317 mln
Ukraine still has not ensured steady, fast economic growth it is capable of – Groysman