The Government decided to keep the prices of all fuels unchanged for the week of December 11 to 17 and to assume the increases of the various products.
Ramón Pérez Fermín, Vice Minister of Internal Commerce of the Ministry of Industry, Commerce and Mipymes (MICM), expressed that the Government will assume RD $ 2.78 per gallon of liquefied petroleum gas (LPG) for this week, thus avoiding transferring this increase to the consumers, a provision protected in Decree 625-2011.
He explained that among the factors of the international context that have influenced the behavior of crude oil, it is worth highlighting that the appearance of the Omicron variant of covid-19, which generated a significant drop in oil prices due to the decrease in expectations of a recovery in consumption world fuel.
Added to this is the willingness to use the oil reserves of several countries in the world, led by the United States, which have had a considerable downward impact on prices. The prices for each type of product are as follows: Premium Gasoline will be sold for RD $ 270.10 per gallon, Regular Gasoline RD $ 255.50 per gallon, Regular Gasoline RD $ 201.10 per gallon, Optimal Gasoline RD $ 219.10 per gallon, Avtur RD $ 180.68 per gallon, Kerosene RD $ 209.80 per gallon, Fuel Oil # 6 RD $ 153.64 per gallon, Fuel Oil 1% S RD $ 172.01 per gallon, Liquefied Petroleum Gas (LPG) RD $ 141.10 per gallon, Natural Gas RD $ 28.97 per cubic meter.
The average weekly exchange rate is RD $ 56.90 per dollar, according to the Central Bank’s daily publications.
At the international level, the Texas intermediate oil price (WTI) closed yesterday with a rise of 1% and stood at $ 71.67, saying goodbye to its best week since August. WTI futures contracts for January delivery totaled $ 0.73.
