23.02.2016 Kyiv

On Tuesday, 23 February 2016 on the trading floor of CE "Ukrainian Energy Exchange" was held trading of gasoline A-92 Forsazh, residual oil m-100, HFCRU (highly flavored catalytic reforming unit) and DPBC (deethane-propane butanized condensate), produced by PJSC "Ukrgasvydobuvannya" the results of which, the exchange noted the high level of competition and rising prices. 8 900 tons of petroleum products worth 114,580 million UAH were put up for trading on the basis of delivery EXW Shebelynka with the terms of delivery – vehicle or railway.

According to the results of bidding, the high level of demand had DPBC with shipment by rail and by road, the gasoline A-92 FORSAZH with the relevant conditions of supply and transportation. So, trading on DPBC with a vehicle supply ended growth rates of almost 4%, and the price for delivery by rail has increased by 3,75%. Also the active demand for residual oil m-100 took place, the growth rates which amounted to 3.8% of the starting price.

Experts of the Exchange connect intensive demand for with the devaluation of the national currency, limited supply and rising demand for an open exchange platform: "Weekly, Ukrgasvydobuvannya sells through exchange mechanism oil products worth 100 million UAH and we are seeing a growing demand for this resource. If we observe the trend of the national currency observed now, it is possible to expect growth of prices for oil products in small and medium wholesale as early as next week", - said CEO of Ukrainian Energy Exchange Oleksandr Kovalenko.

It should be noted that in the world market of oil began to rise. So, on February 9, quotes of Brent crude oil rebounded from 30,88 USD/bbl and as of February 23, oil brands traded around the level 34,87, representing more than 12% growth from February 9.

Reference: Energy trading of PJSC "UKRGASVYDOBUVANNYA" on the trading floor of the Ukrainian Energy Exchange are held regularly. The trading is attended by some of the largest traders of the domestic market.

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