Oil and oil products market in Ukraine

The purpose of the article is to study the market of oil and oil products in Ukraine, its role in the functioning of agriculture and identify ways to improve. Research methods. Methods used: system analysis and generalization (to study and generalize the energy dependence of Ukraine); statistical (to display the situation on the oil and oil products market in quantitative terms through a system of absolute and relative indicators); analysis of the series of dynamics, structural shifts (to analyze and identify trends in the indicators of the oil and oil products market); comparison (comparison of economic indicators); graphic (visual display of research results in the form of graphs). Research results. The essence and features of the Ukrainian market are revealed, a statistical analysis of trends in the development of the oil and oil products market is carried out, factors influencing the trend of the domestic market are identified and the mechanism of their interaction is clarified. The assessment of the current level of oil independence of Ukraine is carried out. Scientific novelty. The necessity of state support in terms of restoring the competitiveness of the domestic oil refining industry, diversifying the supply of petroleum products to the Ukrainian market and maintaining the share of domestically produced petroleum products at the level of 50% of the consumption volume, as well as reducing the share of other suppliers (importers) to 30% in the total balance has been substantiated. Practical significance. The analysis made it possible to identify destabilizing factors in the oil and oil products market, determine the need for systemic changes in the market functioning model and create conditions for increasing the competitiveness of domestic oil products in the Ukrainian market, create conditions for promoting and stimulating the development of the oil refining industry to weaken the reliability of imports of oil products. Tabl.: 2. Figs.: 1. Refs.: 18.