After 60 weeks, the Government lowers the price of gasoline in the Dominican Republic.

The price of a barrel of oil has fallen in international markets, but so far it has not been reflected in the country.

The Ministry of Industry and Commerce and MSMEs (MICM) ordered a reduction in local fuel prices, at a time when the price of a barrel of WTI crude (West Texas Intermediate) is falling in the New York market.

Gasoline dropped between one and two pesos and RD$3.00 per gallon was reduced only for LPG.

Fuel prices have remained high since world oil was trading at a high price and people expected further declines, as the government promised cuts as long as oil sold below $85.