They raise RD$17 to the avtur, freeze prices for other fuels

The Ministry of Industry, Commerce and MSMEs (MICM) reported this Friday that it had a new increase from 17.90 pesos to avtur chevron as of Saturday, going to cost 271.77.

Instead, the Vice Minister of Internal TradeRamón Pérez Fermín, reported that during this week from January 21 to 27, the government had 550 million pesos to avoid increases in:

1. Regular diesel for 56.53 pesos
2. In the optimal diesel for 58.48 pesos
3. In premium gasoline for 19.40 pesos
4. In the case of the gas regular for 17.58 pesos.

At the close of WTI operations the barrel prices during this week they oscillated between 78.39 dollars as the minimum value, and 80.18 as the highest value.

refined products

“It is important to reiterate that for refined products such as gasoline and the gasoilprices depend on the behavior of supply and demand, as well as the specific conditions of their markets,” explained Pérez Fermín.

Furthermore, including the inventory availabilitywhich is why finished products may eventually exhibit a price behavior different from that of the price index. Texasreference for our country.

He reiterated that the government of the president Luis Abinader The increases in prices have not been transferred to the consumer in about a year, apart from the strong increases that the entire oil derivatives sector has had, which sometimes fluctuates downward, reducing the amount of the subsidy, but which In any case, in this period it has been maintained every week.

The aforementioned measures translate into a generalized stability that has turned Dominican Republic in a regional model, being a benchmark in crisis management, having contained the cumulative increase in inflation between January and November 2022 at only 6.8%, according to the Central Bank.

For the week of January 21 to 27, 2023, the fuels are sold 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$271.77 per gallon rises RD$17.90.
• 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 exchange rate weekly average is 56.78 pesos of the daily publications of the Central Bank.