# Diesel Slips 2.1 Cents to $3.317 a Gallon Amid Oil’s Steep Drop - TT

> The US average retail diesel price fell 2.1 cents to $3.317 a gallon on Nov. 13, the fourth straight weekly decline. WTI crude hit an 11-month low as investors weighed softer demand, building supplies and geopolitical tensions.

- Date: 2018-11-13 · published 2018-11-13T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/11329-diesel-slips-2-1-cents-to-3-317-a-gallon-amid-oil-s-steep-drop-tt
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Lower crude and diesel costs reduce fuel and freight expenses for feed mills and trucking-dependent supply chains. The decline reflects weaker crude prices rather than any feed-specific supply change.

## Read by commodity

- WTI: bearish ▼
- DIESEL: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| DIESEL | 2018-11-13 | 1 | -3.9% | -3.2 | WTI hit an 11-month low on softer demand and building supplies on Nov 13, the same day as the ULSD drop, which points to crude-driven weakness feeding through to diesel. |

## Sources

- ttnews.com: https://www.ttnews.com/articles/diesel-slips-21-cents-3317-gallon-amid-oils-steep-drop

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