Fuel prices to soar by another 2-2.5%

17:53, 11 May 2006
Ukraine
534 0

Till end of May.

The price of petrol and diesel fuel will grow by 2-2.5% in Ukraine till the end of May.

This forecast is made by “Alliance-Ukraine” company president Petro Miroshnykov in an interview to “Ekonomicheskiye Izvestia” newspaper.

According to him, in particular, a liter of A-95 petrol will rise in price by 10-15 kopecks.

He is convinced that the prices of oil products will grow, due to the growth of the oil prices. “The price of oil is the main factor that influences the price formation. It determines the price of fuel by 85%”, P.Myroshnykov said.

The second factor of the prices growth is the seasonal growth of demand. He ruled out any other prerequisites for the growth of prices at present.

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