On Saturday, November 7, Ukrainian gas station networks updated their price lists, marking a notable day in overall fuel market dynamics. The main event of the day was a tangible decrease in prices for major grades of gasoline and diesel at SOCAR and UPG stations, while liquefied petroleum gas (autogas) continued its upward trend across most operators. Thus, a mixed trend has emerged at the pumps once again: liquid fuel is dropping selectively, while the gas group is becoming more expensive across almost the entire market.

SOCAR: Record Daily Drop in Gasoline Prices

The most noticeable changes were recorded at SOCAR networks. The company lowered prices for main gasoline grades immediately by 3.00 UAH/l: A-95 gasoline dropped to 92.90 UAH/l, and the NANO 95 grade to 95.90 UAH/l. Diesel fuel also became cheaper by 1.00 UAH/l: the NANO grade now costs 107.00 UAH/l, and NANO Extro 110.00 UAH/l. For consumers, this means refueling with gasoline at this network has become noticeably more profitable than in previous days, which is especially relevant for those filling up both cars and spare containers.

UPG Continues to Lower A-95 Prices

The UPG network continued its previously initiated decline: following yesterday's adjustment, the company dropped the price of standard A-95 gasoline by another 1.00 UAH/l, bringing it to 88.90 UAH/l. This is one of the lowest retail price levels for this grade among major networks, making UPG an attractive option for daily passenger car refuelings.

Autogas: Another Wave of Growth Across Most of the Market

Unlike gasoline and diesel, liquefied gas increased in price for most operators. Ukrnafta raised its price tag by 1.00 UAH/l to 58.90 UAH/l, the WOG network by 60 kop./l (to 61.50 UAH/l), and SOCAR by 40 kop./l (to 61.90 UAH/l). The growth of the gas group continues against the backdrop of liquid fuel getting cheaper in individual networks, which underlines the mixed nature of current market dynamics.

OKKO Holds a Price Pause

The OKKO network, in turn, kept the cost of all types of fuel and autogas unchanged at the previous day's level, effectively taking a price pause. This allows consumers to compare price lists and choose the most profitable refueling point depending on the fuel grade and region.

Context: From August Decline to November Stabilization

To gauge the scale of November changes, it is worth looking at the broader picture. Back in August, following the July spike, retail fuel prices dropped noticeably: according to Enkorr, from August 10 to 17, the average price of A-95 gasoline fell by 75 kop./l to 80.29 UAH/l, diesel by 45 kop./l to 92.19 UAH/l, while autogas, conversely, rose in price by 5 kop./l to 43.69 UAH/l. By mid-October, the trend shifted to growth: on October 15, the average price of diesel was 99.59 UAH/l, gasoline 89.69 UAH/l, and liquefied gas 48.28 UAH/l, with SOCAR boasting the most expensive diesel at the time (104 UAH/l). Thus, the November selective decreases at SOCAR and UPG look like a local correction within a broader phase of price increases rather than a market reversal. Experts previously warned that diesel and gasoline could rise by several hryvnias per liter in the coming weeks, so current cuts should be perceived as a temporary refueling window.