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State regulation on fuel prices has been suspended

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The action of state regulation of prices for gasoline and diesel fuel has been officially suspended by the Cabinet of Ministers.

On the website of the government published an order suspending the state regulation of prices for gasoline and diesel fuel. The decision was made to saturate the market.

The state price regulation has been in effect since May 2021.

It should be noted that the Cabinet of Ministers said that after the abolition of state regulation, the expected price will be up to UAH 58 for diesel fuel and UAH 52 for gasoline. Market participants who abuse the situation are promised penalties.

But according to media reports, taking into account the markup of gas stations, prices are approximately 60-72 hryvnia for diesel and 55-65 hryvnia for A-95 gasoline.

data Correspondent.net wrote in detail about the causes of the fuel crisis in the country.

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Source: korrespondent

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