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Dominican Republic: Industry and Commerce: Hurricane Laura altered Dominican Republic fuel prices

For the week of August 29 to September 4, the Ministry of Industry, Commerce, and Mipymes (MICM) provides that fuels be sold at the following prices:

  • Premium gasoline will be sold at RD $ 209.30 per gallon, up RD $ 2.70 per gallon.
  • Regular Gasoline will be sold at RD $ 199.90 per gallon, going up RD $ 3.60 per gallon.
  • Regular diesel will be sold at RD $ 150.70 per gallon. It maintains its price.
  • Optimal diesel will be sold at RD $ 164.10 per gallon, up RD $ 0.80 per gallon.
  • Avtur will be sold at RD $ 115.30 per gallon down to RD $ 2.20 per gallon.
  • Kerosene will sell for RD $ 139.20 per gallon down to RD $ 2.30 per gallon.
  • Fuel Oil # 6 will sell for RD $ 105.10 per gallon down to RD $ 0.70 per gallon.
  • Fuel Oil 1% S will be sold at RD $ 115.20 per gallon down to RD $ 1.10 per gallon.
  • Liquefied Petroleum Gas (LPG) will be sold at RD $ 111.90 / gl: it goes up. RD $ 0.10 per gallon.
  • Natural Gas RD $ 28.97 per cubic meter, maintains its price.

The average exchange rate is  RD $ 58.47 according to a  survey carried out by the Central Bank.

According to a note from the MICM, the United States Office of Environmental Safety and Compliance reported that 85% of current oil production in the Gulf of Mexico has been shut down, along with about 61% of natural gas production due to passage of Hurricane Laura along the coast of the Gulf of Mexico that generated the closure of the main oil companies in Texas such as Motiva, ExxonMobil, Total, Valero and Phillips that refine 1.56 million barrels per day.

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