Fuel prices will record increase between RD$2.00 and RD$8.80, as reported this Friday by the Ministry of Industry and Commerce.
In this sense, for the week of January 22 to 28, the gasoline premium will be sold at RD$283.60, for a increase of RD$5.00, and the gasoline regular at RD$266.50 per gallon, which goes up to RD$4.00.
Regular Gasoil will be sold at RD$212.60, that is, RD$4.00 more than the current price, while Optimal Gasoil rises RD$5.00 and will be sold at RD$233.10 per gallon.
The avtur increases RD$8.70 and will be sold at RD$194.38; Kerosene increases by RD$8.80 and will be sold at RD$223.60; Fuel Oil #6 will cost RD$158.95 per gallon, increases RD$5.31 and Fuel Oil 1% RD$176.29 per gallon after increase of RD$4.28.
Liquefied Petroleum Gas (LPG) will be sold at RD$146.60 per gallon, increasing by RD$2.00 and the price of Natural Gas will be RD$28.97 per m3, which maintains its price.
The average weekly exchange rate is RD$57.89 from the daily publications of the Central Bank.
The Ministry of Industry, Commerce and Mipymes (MICM) reported that the record prices of a barrel of West Texas Intermediate (WTI), which are around 87 dollars (17% more since the end of 2021), continue to push the local market for and the Government continues to make great efforts to maintain price stability and prevent it from affecting citizens on a large scale.
The International Energy Agency (IEA) confirmed that the market has a “more tense environment than expected”, due to demand and the inability of Opec+ and its allies to meet their production targets.
In a press release, the ministry reported that to counteract this situation, the Dominican Government will assume RD$14.31 in the case of liquefied petroleum gas (LPG); RD$4.00 for the gasoline premium; RD$12.40 for the gasoline regular; RD$25.84 in the case of regular gasoil and RD$15.61 for the optimal price per gallon, which represents up to 87% of the increase demanded by international prices, a decision protected by Decree 625-11. All this represents a total amount of RD$335 million.
