Today: November 16, 2024
January 20, 2023
1 min read

Fuel prices: Did they go down or not for Altagracia Day?

Precios de los combustibles se mantienen sin variación

For the week of January 21 to 27, 2023, the fuels are sold 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$271.77 per gallon rises RD$17.90.
  • 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 weekly average exchange rate is RD$56.78 of the daily publications of the Central Bank.

The Vice Minister of Internal Commerce, Ramón Pérez Fermín, informed this Friday that during this week from January 21 to 27 the government assumes a sacrifice of more than RD$550 million to avoid increases in regular diesel for RD$56.53, in optimal diesel for RD$58.48, in premium gasoline for RD$19.40, and in the case of regular gasoline for RD$17.58.

At the close of WTI operations, the barrel prices during this week ranged between US$78.39 as the minimum value, and US$80.18 as the highest value. “It is important to reiterate that for refined products such as gasoline and diesel, prices depend on the behavior of supply and demand, as well as the specific conditions of their markets, including the availability of inventories, which is why finished products they may eventually exhibit a price behavior different from that of the TEXAS index, a reference for our country”, explained Pérez Fermín.

Read more: Fuel prices remain unchanged

He reiterated that the government of President Luis Abinader has not transferred the increases in consumer prices in about a year, apart from the strong increases that the entire petroleum derivatives sector has had, which sometimes fluctuates downward. , reducing the amount of the subsidy, but in any case in this period it has been maintained every week.

The aforementioned measures translate into widespread stability that has made the Dominican Republic a regional model, being a benchmark in crisis management, having contained the cumulative increase in inflation between January and November 2022 in just one year. 6.8%, according to the Central Bank.

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