Although Iran and the United States have already signed an agreement that has allowed the price of a barrel of oil to begin to reduce, the Ministry of Industry, Commerce and MSMEs (MICM) announced that the prices of the main fuels will remain the same “frozen” for the next 90 days, maintaining the position communicated by the Minister of Finance and Economy, Magín Díaz, last week when he presented the so-called “Anti-Crisis Plan”.
According to this decision, Premium gasoline will continue to be sold at RD$341.10 per gallon; the regular one at RD$310.50 per gallon; regular diesel at RD$262.80, while the optimal will continue at RD$293.10. These prices were established last week after they suffered increases of up to six pesos.
Through its press release, the MICM indicated that WTI crude oil “averaged” US$81.24 per barrel from Thursday to Wednesday. Texas Intermediate Oil (WTI) fell 0.25% this Thursday, settling at $76.6 per barrel.
“The Government provided a subsidy of RD$399.4 million for this week in order to keep essential fuels unchanged and contribute to the stability of domestic prices. In this sense, the mechanism guarantees that the prices of the most consumed hydrocarbons will remain unchanged for the next 90 days, as long as the international price of oil does not exceed the barrier of US$95 per barrel,” states the statement sent to the media.
Others who go down
In parallel, the MICM announced a drop in RD$22.53 for avtur, RD$23.40 for keroseneRD$17.19 for fuel oil #6 and RD$15.30 for fuel oil 1%S, while natural gas maintains its price.
In parallel, the MICM announced a reduction of RD$22.53 for avtur, RD$23.40 for kerosene, RD$17.19 for fuel oil #6 and RD$15.30 for fuel oil 1%S, while natural gas maintains its price.
