They have upwards of fuels

The Ministry of industry and Commerce (MIC) yesterday ordered increases in the prices of all fuels, except for natural gas, for the week of 7 to January 12, 2012.

Premium gasoline will cost RD$ 219.80, for an increase of RD$ 2.50 per gallon, while the regular will sell RD$ 204 for a rise of RD$ 2.40

Regular diesel will cost RD$ 191.00, for an increase of RD$ 2.10 per gallon, diesel premium increased RD$ 2.10 and offered to the public at RD$ 197.60, meanwhile, the Avtur cost RD$ 153.84 for an increase of RD$ 2.39 by gallon.

The kerosene costs RD$ 179.30 for an increase in RD$ 2.60 per gallon, Fuel Oil RD$ 135.17 for a rise of RD$ 1.69 per gallon, while the liquefied petroleum gas (LPG) will sell to RD$ 107.60 per gallon, for an increase of RD$ 1.00

Natural gas (GNLñGNC) cost RD$ 25 per cubic meter, while maintaining the same price of the last week

The average exchange rate used for the calculation of the u000afuels, provided by the Central Bank of the Dominican Republic, was Rd $38.89.

El MIC indicates that increases in the prices of fuels were moderate ñinferiores to the 1.58% ñ despite strong increases recorded by crude oil and its derivatives, due to the increases of up to 4% in the prices of the coast of the Gulf (WTI), exceeding the US$ 101.00 per barrel by the geopolitical tensions in the middle.

Explained that internal increases are also due to the refined rose to 3.27 per cent in world markets for the week of reference, which relates to the adverse news of a possible sanction by United States and Europe to Iran to continue your exercises nuclear.

concerns that, given this situation, the Iranian Government has warned on the consequent closure of shipping oil through the Strait of Hormuz, while agents continue their behavior u000aspeculative that it pushes the rise in oil prices arguing that nation contributes 5% of world production of crude oil.

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