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January 1, 2022
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As a New Year’s gift! Fuel prices will remain unchanged

¡Como regalo de Año Nuevo! Precios de los combustibles se mantendrán sin variación

The Ministry of Industry, Commerce and Mipymes (MICM) reported that for the week of January 01 to 07, the prices of all fuels will remain unchanged, due to the fact that the government assumes a significant debt of RD $ 191.6 million by freezing these prices.

For this week, increases of RD $ 9.34, per gallon of LPG; in Premium Gasoline from RD $ 1.99, Regular Gasoline RD $ 7.89, Optimum Diesel RD $ 8.30, and Regular Diesel RD $ 15.72, among other compensatory products whose variations will not be transferred to consumers.

Premium Gasoline will be sold at RD $ 270.10 per gallon, maintaining its price.

Regular Gasoline RD $ 255.50 per gallon maintains its price.

Regular diesel RD $ 201.10 per gallon maintains its price.

Optimal Diesel RD $ 219.10 per gallon maintains its price.

Avtur RD $ 180.68 per gallon maintains its price.

Kerosene RD $ 209.80 per gallon maintains its price.

Fuel Oil # 6 RD $ 153.64 per gallon maintains its price.

Fuel Oil 1% S RD $ 172.01 per gallon maintains its price.

Liquefied Petroleum Gas (LPG) RD $ 141.10 per gallon maintains its price.

Natural Gas RD $ 28.97 per m3 maintains its price.

The average weekly exchange rate is RD $ 57.34 of the daily publications of the Central Bank.

Ramón Pérez Fermín, Vice Minister of Internal Commerce of the MICM, established that “we have closed the year 2021 with 100% of the debt paid off with importers, that is, not only did the government manage the increases to prevent them from impacting the pocket of Dominicans, but which was also paid in full to avoid an unsustainable situation in public finances ”.

The international market marks a clear panorama of uncertainty with upward trends, due to the progressive advance of the Omicron variant of COVID-19, despite its less harmful effects, it has significantly pressured oil prices due to the decrease in expectations of recovery of the world fuel consumption. This added to the disposition of use of the petroleum reserves of several countries of the world headed by the United States.

These are symptoms of what is to come in January: a changing and rising market, Therefore, forecasting and measure are factors to have on our side, remembering that a barrel of oil, at times of greatest complexity, reached $ 85.41 in October of this year.

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