# Benchmark diesel price down for seventh consecutive week - FreightWaves

> The US average retail diesel price fell 3.7 cents to $3.651 a gallon on August 26, per EIA data, marking the seventh straight weekly decline. Prices are now at their lowest since before Russia's February 2022 invasion of Ukraine. Prices climbed briefly on a loss of Libyan output.

- Date: 2024-08-27 · published 2024-08-27T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/28986-benchmark-diesel-price-down-for-seventh-consecutive-week-freightwaves
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Lower diesel costs reduce transport and fuel surcharge expenses for feed logistics, and they weigh on energy-linked input costs. The price trend is routine and has limited direct effect on feed ingredient prices.

## Read by commodity

- DIESEL: bearish ▼

## Sources

- freightwaves.com: https://www.freightwaves.com/news/benchmark-diesel-price-down-for-seventh-consecutive-week

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