Ukrainian oil producers are facing challenges as the country continues to import oil and likely will not establish exports this year. Domestic oil prices are not expected to rise, and may even decrease. Despite a large supply, oil exports have dropped by 20% in May to 840 tons due to operators trying to sell at high prices, which has led to increased imports. The top five countries purchasing Ukrainian oil are Azerbaijan, Moldova, Georgia, Armenia, and Kazakhstan, while the top five countries importing oil to Ukraine are the Netherlands, Poland, Belgium, Germany, and Denmark.