Crude oil prices in Ukraine fall by almost 40% in March

The price is used to calculate royalties for the use of subsoil for crude oil and natural gas production.

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Ukraine's Ministry for Development of Economy, Trade and Agriculture says the actual selling price of crude oil and condensate in Ukraine in March 2020 fell by 39% from February, to UAH 5,910 (US$217) per tonne.

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The price is used to calculate royalties for the use of subsoil for crude oil and natural gas production, according to the ministry's website.

As UNIAN reported earlier, the actual selling price of crude oil and condensate in Ukraine in February 2020 stood at UAH 9,650 (US$354) per tonne.

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