# Diesel benchmark price hasn’t been this low in more than 3 years - FreightWaves

> The DOE/EIA average weekly retail diesel price fell 3 cents to $3.491 a gallon, its lowest since October 2021. Futures showed no clear direction ahead of Donald Trump's return to the White House.

- Date: 2024-11-18 · published 2024-11-18T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/27575-diesel-benchmark-price-hasn-t-been-this-low-in-more-than-3-years-freightwaves
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Lower diesel costs reduce trucking and fuel-surcharge expenses for feed delivery, and weaker energy prices lower the cost of ethanol and biodiesel inputs, a modest bearish pressure on the energy-linked feed chain.

## Read by commodity

- WTI: neutral
- DIESEL: bearish ▼

## Sources

- freightwaves.com: https://www.freightwaves.com/news/diesel-benchmark-price-hasnt-been-this-low-in-more-than-3-years

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