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View Full Version : Fuel prices down this week



NewsWhore
10-05-2009, 11:50 AM
The cost of fuel has gone down by between RD$5.20 and RD$1.15 according to the latest price bulletin from the Ministry of Industry and Commerce. Both types of gasoline and diesel fuel went down in price as well as LPG for household and vehicular use.
LPG went down by RD$1.15 and is now RD$66.86 a gallon. Premium gasoline will be RD$145.90 a gallon and regular will be RD$135.50. Diesel fuel will be RD$116.70 for the regular grade and RD$121.70 for premium diesel. Even Avtur, the aviation fuel, was down RD$2.12 a gallon to RD$90.25.
According to the ministry, the international publications dedicated to petroleum prices, Platts and Opis LPG, are reporting lower prices for gasoline, kerosene and fuel oil because "they were pressured by a substantial fall in prices due to a weak demand and the news of an increase in United States inventories." Last week oil prices fell by US$8.00 a barrel.

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