# Diesel average declines for the first time in nine weeks, according to EIA data - Logistics Management

> The US national diesel average fell 1.4 cents to $3.380 a gallon, ending a nine-week run of increases that had added 18.7 cents since August 20. The average remains 58.3 cents above a year earlier, and WTI traded at $70.79 a barrel on NYMEX, down from the prior week's average of $71.78.

- Date: 2018-10-24 · published 2018-10-24T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/12176-diesel-average-declines-for-the-first-time-in-nine-weeks-according-to-eia-data
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Easing diesel and crude prices reduce fuel and transport costs for feed deliveries, though the annual increase keeps trucking expenses elevated.

## Read by commodity

- WTI: bearish ▼
- DIESEL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2018-11-14 | [Diesel average declines for fourth consecutive week, EIA reports - Logistics Management](https://feedsoft.ai/events/11330-diesel-average-declines-for-fourth-consecutive-week-eia-reports-logistics.md) | -4.0% | -8.2% |
| WTI | 2020-02-27 | [Diesel average is down for seventh straight week, reports EIA - Logistics Management](https://feedsoft.ai/events/9359-diesel-average-is-down-for-seventh-straight-week-reports-eia-logistics.md) | -3.9% | -55.0% |
| WTI | 2018-11-27 | [National diesel average drops for sixth straight week, reports EIA - Logistics Management](https://feedsoft.ai/events/10262-national-diesel-average-drops-for-sixth-straight-week-reports-eia-logistics.md) | +2.8% | -13.8% |
| WTI | 2024-10-29 | [National diesel average heads up, for week of October 28, reports EIA - Logistics Management](https://feedsoft.ai/events/28046-national-diesel-average-heads-up-for-week-of-october-28-reports-eia-logistics.md) | +6.1% | +2.5% |
| WTI | 2017-02-07 | [Diesel prices drop for fourth straight week, reports EIA - Logistics Management](https://feedsoft.ai/events/72661-diesel-prices-drop-for-fourth-straight-week-reports-eia-logistics-management.md) | -0.1% | -0.3% |
| DIESEL | 2023-09-26 | [National weekly diesel average falls for first time in nine weeks, reports EIA - Logistics Management](https://feedsoft.ai/events/34297-national-weekly-diesel-average-falls-for-first-time-in-nine-weeks-reports-eia.md) | -0.1% | -3.9% |
| DIESEL | 2022-11-01 | [National diesel average falls for the first time in four weeks, reports EIA - Logistics Management](https://feedsoft.ai/events/7922-national-diesel-average-falls-for-the-first-time-in-four-weeks-reports-eia.md) | -6.1% | -26.3% |
| DIESEL | 2020-07-28 | [National diesel average falls for second straight week, according to EIA data - Logistics Management](https://feedsoft.ai/events/52311-national-diesel-average-falls-for-second-straight-week-according-to-eia-data.md) | -1.6% | -1.4% |

## Sources

- stage.logisticsmgmt.com: https://stage.logisticsmgmt.com/article/diesel_average_declines_for_the_first_time_in_nine_weeks_according_to_eia_data

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