Rising world oil prices boost retail prices for motor fuel, analyst says Journal Staff Report
Retail prices for motor fuels in Ukraine will rise moderately against the backdrop of the current increase in oil prices on the global market, Director of the A-95 consulting group Serhiy Kuyun said. "If we started the year with a price of $74 per barrel, then yesterday it was $82. The price of oil added 10%. Accordingly, operators were unable to maintain prices at the pumps, and we see that last week there was the first stage of an increase of UAH 1 to UAH 1.5, today there was an increase in some networks," he said at a briefing at the Ukraine Media Center on Tuesday.
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