The government keeps the price of all fuels frozen for the week of September 10 to 16, despite the fact that the price of Petroleum Texas Intermediate (WTI) closed on the 7th of this month with a drop of 5.7%, to 81.94 dollars a barrel, its lowest price since January 2022. Its average was 85.58 dollars, bordering the lower range with which would dismantle the fuel subsidy.
The Vice Minister of Internal Commerce of the Ministry of Industry, Commerce and Mipymes (MICM), Ramón Pérez Fermín, reported today that the variation in the cost of a barrel of Petroleum it represented a decrease of 7.7% in relation to the previous week, but the accumulated increase of 18% so far this year was maintained.
He explained that, although the load is much lower compared to past months, for this third week of September the Government will subsidize fuel with 221 million pesos, “to prevent any increase from impacting the pockets of Dominicans.”
He added that among the key issues that continue to affect current prices are the decrease in prices due to expectations of lower world demand, as a result of fear of an economic recession; the war in Ukraine, with more than six months of hostility; and the significant increase in the reserves of Petroleum during the previous week for 8,844 million barrels.
Fuels will be marketed at the following prices:
- Premium gasoline: 293.60 pesos per gallon.
- Regular gasoline: 274.50 pesos per gallon.
- Regular diesel: 221.60 per gallon.
- Optimum diesel: 241.10 pesos per gallon.
- Avtur: 298.91 pesos per gallon.
- Kerosene: 338.10 pesos per gallon.
- Fuel oil #6: 192.11 pesos per gallon.
- Fuel oil 1%: 211.77 pesos per gallon.
- LPG: 147.60 pesos per gallon.
- Natural gas: 28.97 pesos per m3.
