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November 4, 2022
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Fuels will maintain prices for another week

Combustibles mantendrán precios una semana más

The Vice Minister of Internal Commerce, Ramón Pérez Fermín, reported this Friday that the Dominican government maintains the fuel subsidy.

It is more than 546 million pesos to avoid increases during the week from Saturday 5 to Friday 11 November of this year.

Pérez Fermín explained the outlook for hydrocarbons and their impact on fuel prices in the Dominican Republic. He detailed that the international price of WTI averaged 88.38 dollars, an increase of 3% compared to the average of the previous week, accumulating a year-on-year increase of 21.9%.

“We are seeing a worrying trend in gasoline inventories, at their lowest point in just over 10 years. All this logically has a negative impact on our country, which forces us to find a way so that the global scenario does not affect the pockets of all Dominicans,” said the vice minister.

Fuels are 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$268.91 per gallon lowers RD$5.00 pesos.
  • 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$54.22 from the daily publications of the Central Bank.

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