Photo: oilnews.com.ua the Average price of gas in Ukraine decreased to 12.53 UAH/l

Reason for the decline in prices was the glut of the market fuels and the emergence of symptoms of surplus.

In Ukraine, a retail network of petrol stations reduced the price of liquefied petroleum gas (LPG) in the range of 5-20 COP/L. On Monday, January 27, Enkorr reports, citing data from the daily monitoring of the retail market Consulting group A-95.

So, in the network of OKKO petrol fell by 5 kopecks/l to 13.29 UAH/l, and the largest consolidated network of Privat group reduced the price of 6 kopecks/liter – to 11.69 and 11.75 UAH/liter.

In turn, the network KLO, Chipo and the Marshal dropped the price tag by 20 kopecks/liter, and such networks as the Belarusian Republican youth Union-Nafta, and avtotrans Motto 5-10 kopecks./l.

The average price of LPG in the country decreased by 4 kopecks/liter – to 12.53 UAH/liter.

It is noted that the downward trend in wholesale prices of liquefied gas began in mid-December last year. During this period, the average for Ukraine, the price of LPG on self-delivery conditions fell to 2900 UAH/t, or 14%, to 17 450 UAH/t.

The reason for lower prices, according to traders, was the glut of the market fuels and the emergence of symptoms of surplus.

We will remind, at the end of 2019 the first time world consumption of LPG exceeded the purchase of gasoline. The consumption of LPG increased by 11.1% and made up 2.03 million tons.

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