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August 6, 2022
1 min read

Government keeps fuel prices frozen

Gobierno mantiene congelados los precios de los combustibles

For the week from August 6 to 12, 2022, the Ministry of Industry, Commerce and MiPymes provides that fuels be marketed at the following prices:

  • Premium gasoline will be sold at RD$293.60 per gallon, maintaining its price.
  • Regular Gasoline RD$274.50 per gallon maintains its price.
  • Regular Diesel RD$221.60 per gallon maintains its price.
  • Optimum Diesel RD$241.10 per gallon maintains its price.
  • Avtur RD$298.91 per gallon maintains its price.
  • Kerosene RD$338.10 per gallon maintains its price.
  • Fuel Oil #6 RD$192.11 per gallon maintains its price.
  • Fuel Oil 1%S RD$211.77 per gallon maintains its price.
  • Liquefied Petroleum Gas (LPG) RD$147.60 per gallon maintains its price.
  • Natural Gas RD$28.97 per m3 maintains its price.

The average weekly exchange rate is RD$54.55 for the daily publications of the Central bank.

Read more: Government keeps fuel prices frozen

The Vice Minister of Internal TradeRamon Perez Ferminreported that the government has allocated 450 million pesos to keep the prices of all fuels unchanged for the week of August 6 to 12.

“The Government of the President Louis Abinader, announces that it will maintain all fuel prices, assuming a sacrifice of 450 million pesos, thereby preventing premium gasoline from rising 20 pesos; that the Regular does it in almost 30; that Regular Gasoil does so at 60 pesos per gallon and that Optimum Gasoil increases almost 65 pesos per gallon”, informed Pérez Fermín.

He explained that the price WTI international averaged US$94.80, for a new weekly decrease of 1.2% in relation to the average of the previous week, which amounted to US$96.00.

“We have been able to observe a timid decrease, but it finally goes down, which invites us to moderate optimism given that the scenery It is still very uncertain, subject to what may happen in Ukraine, where more than five months of hostility have already been fulfilled”, explained the deputy minister.



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