Dominican Republic slashes fuel prices, easing transport costs
The Dominican government announced a temporary reduction in fuel prices for the week of 4‑10 July 2026. Regular gasoline and regular diesel will be lowered by RD 5.00 per gallon (about US $0.08), while premium gasoline and optimal diesel will drop by RD 3.00 per gallon (about US $0.05). The measure is supported by an extraordinary subsidy of RD 424.53 million aimed at stabilising transport costs for passengers and freight operators.
The Ministry of Industry, Commerce and MSMEs also kept the price of liquefied petroleum gas (GLP) unchanged for a second consecutive year and reduced fuel oil #6 by RD 4.50 and fuel oil #1 by RD 2.93 per gallon. The cuts come amid heightened global oil market volatility linked to the Middle‑East conflict, which pushed diesel refinery margins from US $37.29 to $62.64 per barrel since February 2026.
Alfredo Pulinario Mariot, president of the national drivers’ union Mochotran (known as “Tito Cambita”), praised the decision, saying it “returns peace, harmony and social tranquility to the country’s terminals and routes.” He noted that the targeted reductions on the most used fuels protect low‑income households and provide certainty for transport operators.