Roseau, Dominica- December 22, 2023: The Government of Dominica has approved a reduction in petroleum product prices after reviewing prices for the regulatory cycle November 27-December 15.
Effective December 27, 2023, the new retail price for gasoline is $13.91 per gallon, a reduction of $0.34 or 2.4%. The diesel price has been reduced to $13.41 per gallon by $0.89 or 6.2% and kerosene to $11.32 per gallon, a reduction of $1.41 or 11%.
Petroleum
Products
Fuel Prices
Change (-) Current Price New Price
Gasoline -$0.34 per gallon $14.25 per gallon $13.91 per gallon
High Sulphur
Diesel- $0.89 per gallon $14.30 per gallon $13.41 per gallon
Kerosene – $1.41 per gallon $12.73 per gallon $11.32 per gallon
The decrease in commodity prices is based on an increase in US crude production, resulting in a surge in inventory available on the market.
The Government of Dominica will continue to implement measures to mitigate inflation and cushion the impact of adverse market forces on consumers.