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Santo Domingo.- The Industry and Commerce Ministry has announced new increases in fuel prices as a result of the high oil prices on the international market.
As of today, premium gasoline sells for RD$160.80 per gallon, an increase of RD$2.90, while the price of regular gas went up by RD$2.60 and now sells for RD$148.60 per gallon.
Diesel also went up by RD$2.60, and a gallon now sells for RD$121.20. Propane was increased by RD$1.25, and the subsidized price for domestic and vehicular use is now RD$55.75 while the non-subsidized price for commercial and industrial use is RD$77.51.
The dollar-peso exchange rate used to calculate the increases was RD$33.61.
The ministry informed that these increases come as the result of fears of crude oil shortages during this quarter.
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