Fuel prices from June 11 to 17, 2022

Fuel prices from June 11 to 17, 2022

The Government will again assume 100% of the fuel increases, at a cost of 1,800 million pesos, the Ministry of Industry, Commerce and MSMEs reported today.

Therefore, for the week of June 11 to 17, the gasoline premium will continue to be available to the public at 293.60 pesos per gallon and the gasoline regular maintains its price at 274.50 pesos per gallon.

Likewise, regular diesel oil remains at 221.60 pesos per gallon, optimal diesel oil will continue to be dispensed at 241.10 pesos per gallon, avtur at 298.91 pesos per gallon and kerosene will remain at 338.10 pesos per gallon.

Also, the authorities announced that the fuel oil #6 maintains its price at 192.11 pesos per gallon and the fuel oil 1% will continue at 211.77 pesos per gallon.

In addition, the price of liquefied petroleum gas (LPG) will remain at 147.60 pesos per gallon and natural gas will continue to cost 28.97 pesos per cubic meter.

The fuel subsidy began in early March, after President Luis Abinader announced a series of measures that included not increasing the cost of hydrocarbons as long as the price of Texas oil, a reference for the country, was remained above 85 dollars a barrel and below 115 dollars.

With the freezing of fuel prices Due to the subsidy assumed by the Government, consumers have saved 83.21 pesos on each gallon of gasoline premium, 90.83 pesos of gasoline regular, 92.14 pesos of regular diesel and 10.31 pesos more of LPG for almost four months, said the Vice Minister of Internal Trade, Ramón Pérez Fermín.

“Thanks to the government’s savings, planning and commitment to maintain price stability, extraordinary subsidies have been applied for more than 18,968 million pesos so far in 2022,” he stressed.

As of Wednesday, June 8, the international price of a barrel of Texas oil averaged 119.15 dollars, for an increase of 4.6% compared to the previous week, the deputy minister highlighted.

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