# EIA Gasoline and Diesel Retail Prices Update, May 29, 2019 - Fuels Market News

> The EIA reported that U.S. national average retail gasoline fell 3.0 cents and diesel fell 1.2 cents in the week ended May 27, 2019, the third straight weekly gasoline decline. Both fuels remained below year-earlier levels. Futures had dropped sharply the prior week after U.S.-China trade talks failed.

- Date: 2019-05-30 · published 2019-05-30T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/10407-eia-gasoline-and-diesel-retail-prices-update-may-29-2019-fuels-market-news
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Lower futures and retail diesel prices reduce fuel costs for feed mill and grain transport operations. Ethanol price swings from weather and planting delays could still affect corn-based feed inputs.

## Read by commodity

- WTI: bearish ▼
- DIESEL: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| DIESEL | 2019-06-02 | 5 | -8.4% | -3.0 | Notes futures dropped sharply the prior week after US-China trade talks failed, confirming the futures selloff context. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2020-04-28 | [EIA Gasoline and Diesel Retail Prices Update, April 28, 2020 - Fuels Market News](https://feedsoft.ai/events/53809-eia-gasoline-and-diesel-retail-prices-update-april-28-2020-fuels-market-news.md) | +33.5% | +60.0% |
| DIESEL | 2018-11-21 | [EIA Gasoline and Diesel Retail Prices Update, November 20, 2018 - Fuels Market News](https://feedsoft.ai/events/9532-eia-gasoline-and-diesel-retail-prices-update-november-20-2018-fuels-market-news.md) | -7.6% | -9.3% |
| DIESEL | 2020-07-29 | [EIA Gasoline and Diesel Retail Prices Update, July 28, 2020 - Fuels Market News](https://feedsoft.ai/events/52310-eia-gasoline-and-diesel-retail-prices-update-july-28-2020-fuels-market-news.md) | +0.9% | +0.4% |
| DIESEL | 2017-05-01 | [EIA Gasoline and Diesel Retail Prices Update (Week Ended May 1, 2017) - Fuels Market News](https://feedsoft.ai/events/10011-eia-gasoline-and-diesel-retail-prices-update-week-ended-may-1-2017-fuels-market.md) | -4.1% | +4.1% |
| DIESEL | 2018-12-18 | [EIA Gasoline and Diesel Retail Prices Update, December 18, 2018 - Fuels Market News](https://feedsoft.ai/events/61740-eia-gasoline-and-diesel-retail-prices-update-december-18-2018-fuels-market-news.md) | -6.5% | +4.2% |
| WTI | 2018-11-21 | [EIA Gasoline and Diesel Retail Prices Update, November 20, 2018 - Fuels Market News](https://feedsoft.ai/events/9532-eia-gasoline-and-diesel-retail-prices-update-november-20-2018-fuels-market-news.md) | -6.1% | -10.7% |
| WTI | 2018-12-18 | [EIA Gasoline and Diesel Retail Prices Update, December 18, 2018 - Fuels Market News](https://feedsoft.ai/events/61740-eia-gasoline-and-diesel-retail-prices-update-december-18-2018-fuels-market-news.md) | -10.9% | +4.7% |
| WTI | 2020-01-29 | [EIA Gasoline and Diesel Retail Prices Update, January 28, 2020 - Fuels Market News](https://feedsoft.ai/events/55261-eia-gasoline-and-diesel-retail-prices-update-january-28-2020-fuels-market-news.md) | -7.1% | -8.8% |

## Sources

- fuelsmarketnews.com: https://fuelsmarketnews.com/eia-gasoline-and-diesel-retail-prices-update-may-29-2019/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.