# Diesel Drops 1.5¢ to $3.136; Oil Close to Bear Market Price - TT

> The US average retail diesel price fell 1.5 cents to $3.136 per gallon, according to the Department of Energy. Crude oil fell to about $53 a barrel and reached bear market territory as trade tensions mounted.

- Date: 2019-06-03 · published 2019-06-03T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/10747-diesel-drops-1-5-to-3-136-oil-close-to-bear-market-price-tt
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Lower diesel prices reduce freight and farm fuel costs for feed supply chains. Crude's decline signals weaker energy demand expectations.

## Read by commodity

- WTI: bearish ▼
- DIESEL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2018-12-17 | [Average Price of Diesel Drops 4¢ to $3.121 a Gallon - TT](https://feedsoft.ai/events/61735-average-price-of-diesel-drops-4-to-3-121-a-gallon-tt.md) | -6.1% | +1.2% |
| DIESEL | 2025-04-29 | [Diesel Price Down 2¢ to $3.514 a Gallon - TT](https://feedsoft.ai/events/25307-diesel-price-down-2-to-3-514-a-gallon-tt.md) | -9.0% | -4.3% |
| DIESEL | 2025-05-28 | [Diesel Price Sheds 4.9¢ to $3.487 a Gallon - TT](https://feedsoft.ai/events/24875-diesel-price-sheds-4-9-to-3-487-a-gallon-tt.md) | +0.9% | +10.9% |
| DIESEL | 2020-03-30 | [Diesel Drops 7.3¢ to $2.586 a Gallon in 12th Straight Decline - TT](https://feedsoft.ai/events/54332-diesel-drops-7-3-to-2-586-a-gallon-in-12th-straight-decline-tt.md) | +1.2% | -43.7% |
| DIESEL | 2019-06-05 | [U.S. oil prices enter a bear market as weekly domestic crude supplies jump to a nearly 2-year high - MarketWatch](https://feedsoft.ai/events/11592-u-s-oil-prices-enter-a-bear-market-as-weekly-domestic-crude-supplies-jump-to-a.md) | -0.2% | +3.7% |
| WTI | 2018-12-17 | [Average Price of Diesel Drops 4¢ to $3.121 a Gallon - TT](https://feedsoft.ai/events/61735-average-price-of-diesel-drops-4-to-3-121-a-gallon-tt.md) | -11.3% | +1.3% |
| WTI | 2019-06-05 | [U.S. oil prices enter a bear market as weekly domestic crude supplies jump to a nearly 2-year high - MarketWatch](https://feedsoft.ai/events/11592-u-s-oil-prices-enter-a-bear-market-as-weekly-domestic-crude-supplies-jump-to-a.md) | -0.4% | +4.8% |
| WTI | 2016-11-21 | [Diesel Drops 2.7¢ to $2.443; Gasoline Falls 4.9¢ to $2.184 - TT](https://feedsoft.ai/events/74015-diesel-drops-2-7-to-2-443-gasoline-falls-4-9-to-2-184-tt.md) | +1.0% | +14.1% |

## Sources

- ttnews.com: https://www.ttnews.com/articles/diesel-drops-15c-3136-oil-close-bear-market-price

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