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October 28, 2022
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Fuel subsidy is maintained; prices remain unchanged

Subsidio a combustibles se mantiene; precios siguen sin variación

Santo Domingo – The Vice Minister of Internal Trade, Ramón Pérez Fermín, reported this Friday that the government has allocated more than 466 million pesos to prevent increases in fuels for the week of Saturday October 29 to Friday November 4 of this year, so the prices of all fuels will remain unchanged.

Pérez Fermín explained that at the cutoff of this Wednesday, the international price of WTI had an average of 85.77, maintaining an accumulated annual increase of almost 19%.

“The global market looks uncertain and ambiguous, with a marked volatility that consequently makes it difficult to predict,” he detailed.

With this subsidy, the government maintained that it is stopping increases from 24 pesos per gallon in premium gasoline, up to 73 pesos per gallon in optimal diesel.

For the week of October 29 to November 4, 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$273.91 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$54.04 of the daily publications of the Central Bank.

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