Prime Minister of Ukraine Yulia Tymoshenko has reached an agreement with oil traders that the price on refined oil products at filling stations will be reduced by UAH 0.40 since November 1, and by 1 hryvnia since December 1.

According to an UNIAN correspondent, Yulia Tymoshenko claimed this today after a meeting with the leadership of oil-extracting and oil-refining companies of Ukraine.

Besides, Yulia Tymoshenko informed that, in its turn, the government will not increase taxes for companies trading in oil products at the domestic market. “We will not increase any taxes, excises”, the Prime Minister stressed.

She also informed that the State Tax Administration will draw up a schedule of reduction of oil products prices in Ukraine.