On Friday, authorities in the Dominican Republic implemented a new round of fuel price adjustments that will take effect across the country from June 13 through June 19, official data from the nation’s Ministry of Industry, Commerce and MSMEs (MICM) confirms. The regulatory body confirmed modest to moderate price increases for the country’s most widely used transportation and industrial fuels, with hikes ranging between 3 Dominican pesos (RD$3.00) and RD$6.00 per gallon, depending on the fuel grade.
For the country’s most popular gasoline categories, premium-grade gasoline will see the largest adjustment, jumping RD$6.00 per gallon to reach a new retail price of RD$341.10. Standard regular gasoline will see a smaller RD$3.00 increase, bringing the new weekly price to RD$313.50 per gallon.
Diesel, a critical fuel for the Dominican Republic’s freight, logistics and agricultural sectors, will follow a similar pattern to gasoline. Higher-grade premium diesel will match the premium gasoline increase of RD$6.00 per gallon, settling at a new retail rate of RD$293.10, while regular diesel will see a RD$3.00 uptick to RD$262.80 per gallon.
In a move that will provide relief to household budgets, the government opted to leave the prices of two commonly used residential energy sources unchanged. Liquefied petroleum gas (LPG), a primary fuel for cooking and home heating across much of the country, will remain stable at RD$137.20 per gallon. Natural gas, used for both residential and commercial energy needs, will also hold steady at RD$43.97 per cubic meter for the upcoming week.
Weekly fuel price adjustments are a standard regulatory practice in the Dominican Republic, allowing the government to align domestic retail prices with shifting global crude oil markets and transportation costs.