# Benchmark diesel price hits a low it hasn’t seen in more than 3 years - FreightWaves

> The DOE/EIA benchmark retail diesel price fell 8.2 cents to $3.458 a gallon, its lowest since October 2021. CME ULSD futures have trended lower since early November, with only brief rallies.

- Date: 2024-12-09 · published 2024-12-09T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/27161-benchmark-diesel-price-hits-a-low-it-hasn-t-seen-in-more-than-3-years
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Weak diesel prices lower fuel surcharges and operating costs for feed transport, while the downtrend in distillate futures reflects soft energy demand.

## Read by commodity

- DIESEL: bearish ▼

## Sources

- freightwaves.com: https://www.freightwaves.com/news/benchmark-diesel-price-hits-a-low-it-hasnt-seen-in-more-than-3-years

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