Industry and Commerce Minister Francisco Javier Garcia has explained that fuel prices are calculated every week based on information offered by the Dominican Petroleum Refinery (Refidomsa), and denied information given by Listin Diario which stated that fuel was overvalued. The information disclosed by Listin Diario and reported in yesterday’s DR1 news summary was based on a scenario prepared by Refidomsa and projected the prices of derivates with crude oil prices of US$66 to US$100 per barrel of crude oil. Garcia said the document was “anonymous” whereas Refidomsa said it was not an “official document”. The price index was provided to Listin Diario by a source at Refidomsa upon the newspaper’s request, and projected that the barrel of crude oil would reach US$100.