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.