You're reading: Bloomberg: Ukraine’s government, companies agree to cap petroleum prices

Ukraine’s government said it agreed with oil companies to cap prices for petroleum on the domestic market, theEnergy and Coal Industry Ministrysaid.

The price will not exceed 9.5 hryvnia ($1.2) per liter (0.26 gallon), while for diesel it was set at 9 hryvnia per liter, the Kiev-based ministry said today in an e-mailed statement.