Dominican Republic Raises Regular Gasoline and Diesel Prices

The Dominican government will provide an additional RD$1.0879 billion in fuel subsidies as it adjusts prices for the week of August 15-21, limiting the impact of higher international petroleum costs while allowing increases in several products.

The Ministry of Industry, Commerce and MSMEs (MICM) said regular gasoline and regular diesel will each rise by RD$3 per gallon. Despite the adjustment, both remain below the prices in effect on June 13, when the government announced a 90-day price-freezing period under its Anti-Crisis Plan.

Regular Gasoline and Diesel Lead the Increases

Regular gasoline will sell for RD$307.50 per gallon, while regular diesel will reach RD$259.80. Other fuels will also see changes, including aviation fuel, kerosene and Fuel Oil #6, while Fuel Oil 1%S will decline.

Premium gasoline will remain at RD$341.10 per gallon, and optimal diesel will hold at RD$293.10. Liquefied petroleum gas (LPG) will also remain unchanged at RD$135.20 per gallon, while natural gas will continue at RD$43.97 per cubic meter.

The MICM attributed the pressure on refined fuel prices to higher refining margins. The ministry said the margin increased 26% for gasoline and more than 64% for diesel following the conflict between the United States and Iran.

Government Subsidies Surpass RD$26 Billion

The latest allocation brings the government’s total fuel subsidies for the year to more than RD$26 billion. The support is designed to cushion consumers from international price movements while keeping domestic fuel prices within the levels established by the Anti-Crisis Plan.

For the current week, the government will subsidize RD$15.78 for each gallon of LPG consumed, RD$9.97 for premium gasoline, RD$33.36 for regular gasoline, RD$86.89 for regular diesel and RD$78.39 for optimal diesel.

The government has said it will maintain prices within the established levels while crude oil remains below US$95 per barrel, one of the conditions tied to the sustainability of the Anti-Crisis Plan. For consumers and businesses, the subsidy mechanism limits the immediate effect of international oil-price movements on transportation and operating costs.

Fuel Prices for August 15-21

The new prices will apply nationwide during the week of August 15-21. The exchange rate used in the reference calculation averaged RD$58.48 per U.S. dollar, based on daily publications from the Central Bank of the Dominican Republic.

Gasoline Premium will cost RD$341.10 per gallon, with no change. Gasoline Regular will cost RD$307.50, an increase of RD$3. Gasoil Regular will rise to RD$259.80, also increasing RD$3, while Gasoil Óptimo will remain at RD$293.10.

Avtur will increase by RD$4.96 to RD$286.46 per gallon, while kerosene will rise by RD$5.10 to RD$324.60. Fuel Oil #6 will increase by RD$0.88 to RD$159.06, while Fuel Oil 1%S will fall RD$2.62 to RD$190.03.

LPG will remain at RD$135.20 per gallon, and natural gas will stay at RD$43.97 per cubic meter. The combination of targeted increases, unchanged prices and government subsidies preserves the broader price-containment framework for the week.