# EIA Gasoline and Diesel Retail Prices Update, January 22, 2020 - Fuels Market News

> The EIA reported that US retail gasoline fell 3.3 cents and diesel fell 2.7 cents in the week ended January 20. Diesel futures had dropped 3.9 percent the prior week on easing geopolitical risk and oversupply concerns.

- Date: 2020-01-23 · published 2020-01-23T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/12375-eia-gasoline-and-diesel-retail-prices-update-january-22-2020-fuels-market-news
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Retail fuel declines reflect the futures weakness and point to lower near-term transport costs. The move is incremental and mostly confirms an existing trend.

## Read by commodity

- WTI: bearish ▼
- DIESEL: bearish ▼

## Sources

- fuelsmarketnews.com: https://fuelsmarketnews.com/eia-gasoline-and-diesel-retail-prices-update-january-22-2020/

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