# Diesel Slides 1.4¢ in First Decline Since Aug. 20 - TT

> The US average retail diesel price fell 1.4 cents to $3.380 a gallon, the first decline since August 20, as crude prices fell and US inventories expanded. Distillate demand for the week ending October 19 was 4.07 million barrels a day, down from 4.14 million the prior week but up 7% year on year.

- Date: 2018-10-22 · published 2018-10-22T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/12171-diesel-slides-1-4-in-first-decline-since-aug-20-tt
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Lower diesel and crude prices ease fuel costs for trucking and grain logistics, while the analyst's view of tight diesel supply ahead of IMO 2020 suggests limited downside for distillates.

## Read by commodity

- WTI: bearish ▼
- DIESEL: bearish ▼

## Sources

- ttnews.com: https://www.ttnews.com/articles/diesel-slides-14c-first-decline-aug-20

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