# Small move in diesel benchmark masks more volatile underlying market - FreightWaves

> The weekly DOE/EIA retail diesel price rose less than a cent to $4.593 a gallon. Meanwhile, CME ULSD futures swung sharply as the front-month contract rolled from October to November.

- Date: 2023-10-02 · published 2023-10-02T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/11720-small-move-in-diesel-benchmark-masks-more-volatile-underlying-market
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

The retail benchmark that sets most fuel surcharges barely moved, but futures volatility and the October–November spread show the wholesale price is shifting faster than pump prices.

## Read by commodity

- DIESEL: neutral

## Sources

- freightwaves.com: https://www.freightwaves.com/news/small-move-in-diesel-benchmark-masks-more-volatile-underlying-market

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