# Biggest drop in benchmark diesel price since late 2022 - FreightWaves

> The EIA benchmark diesel price fell 20.5 cents to $5.403 per gallon, its largest weekly drop since December 2022. ULSD futures had fallen much more sharply after the April 8 Iran ceasefire announcement.

- Date: 2026-04-21 · published 2026-04-21T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/19891-biggest-drop-in-benchmark-diesel-price-since-late-2022-freightwaves
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Lower diesel costs reduce freight and fuel surcharges for grain and feed movements. The futures decline suggests further pressure on the benchmark.

## Read by commodity

- DIESEL: bearish ▼

## Sources

- freightwaves.com: https://www.freightwaves.com/news/biggest-drop-in-benchmark-diesel-price-since-late-2022

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