For the week of November 19-25, the Ministry of Industry, Commerce and MiPymes provides that fuels be marketed 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$268.91 per gallon maintains its price.
- 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$54.51 from the daily publications of the Central Bank.
Read more: Fuel prices remain unchanged
About fuels
2022 is six weeks away from concluding, a year in which the WTI continues to maintain an accumulated increase of more than 20%, record prices in the last 15 years, for which the Vice Minister of Internal Commerce, Ramón Pérez Fermín, reported that the government has arranged once again, to maintain the extraordinary subsidy for all fuels, allocating more than RD$233 million for the week of November 19 to 25, 2022.
“We have seen stratospheric prices of up to US$130 a barrel, record prices in the last 15 years and what is worse, this 2022 has been the year of the highest prices in the entire history of the reference crudes. Given this context, the government of President Luis Abinader has been week after week, through an extraordinary effort, channeling the money that belongs to all of us, subsidizing fuels,” said the vice minister.
Pérez Fermín explained that in the case of this week the international price of WTI averaged US$86.76. Among the key issues that continue to have an upward impact on prices, supply concerns stand out after the USA reported better economic growth in the third quarter, as well as the war in Ukraine that has already been going on for 9 months and its well-known consequences in the markets on all agricultural and energy.
He argued that, despite all the international uncertainty, the government of President Luis Abinaer maintains a subsidy policy to neutralize these increases and thereby avoid a greater impact on the pocket of all Dominicans. “There will be more than RD$233 million destined to protect the individual economy of all Dominicans, but especially those who have less,” he added.
