Dominican Republic fuel hits record price

By NNN-PRESNA LATINA

Santo Domingo : The Dominican Republic Industry and Commerce Ministry set a new fuel price hike in line with the bullish trend imposed 13 of the past 15 weeks.


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Regular gas consumers will pay from Saturday 4.50 dollars with a 9.6-cent hike that compared to early January rounds 68.7 cents, while special gas reached 4.89 dollars due to 6.8 cents rise.

Gasoil is at 107.80 pesos after 0.90 pesos increase and subsidized propane to 50.66 pesos and non-subsidized to 72.42 pesos. Price increase in both cases total 1.90 pesos.

The fuel prices hit record numbers since the approval of the Fuel Law that regulates weekly price for oil derivatives.

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