Wednesday, March 29, 2023

The price of the avtur rises and the other fuels remain unchanged

The Ministry of Industry, Commerce and MSMEs raised the price of Avtur this Friday and kept the price of other fuels unchanged for the week of March 4 to 10 and assured that the Government “assumed a sacrifice” of RD$223.3 million in subsidies to not increase them.

The avtur, fuel used in aviation, increased by RD$12.14 to be sold starting tomorrow at RD$223.26 a gallon.

All other fuels will maintain their price, such as premium gasoline that will continue at RD$293.60 per gallon, regular at RD$274.50, optimal diesel at RD$241.10 and regular at RD$221.60 per gallon.

Likewise, propane gas remains at RD$147.60 per gallon, while natural gas will continue to be sold at RD$28.97 per cubic meter and kerosene at RD$338.10 per gallon.

Industry and Commerce assured in a statement that during this week the closing of operations for a barrel of Texas oil, the benchmark for the Dominican market, oscillated between US$75.39 as a minimum and US$77.69 as the highest value quoted at the closing of each day.

“Refined products continue to trade differently from WTI variations mainly as a result of the war in Ukraine, which has significantly widened the historical gap between the price of crude oil and refined products, such as diesel and gasoline,” the ministry said.


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