KIEV, April 1 - Ukraine’s largest petrochemical company, KarpatNaftoKhim, said Tuesday that rising oil prices will double its losses in April to $10 million, up from $5.5 million it lost in March.

The company, which is using diesel fuel and straight-run gasoline as raw material, is majority owned by Russian petrochemical company Lukoil-Neftekhim, a petrochemical arm of Lukoil of Russia.