# For first time since early April, key diesel benchmark price increases - FreightWaves

> The EIA weekly retail diesel average rose 7.7 cents to $3.735 a gallon, the first increase since early April. ULSD futures had bottomed at $2.2859 on June 4 and peaked near $2.4868 before settling at $2.4825 on Monday.

- Date: 2024-06-18 · published 2024-06-18T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/29970-for-first-time-since-early-april-key-diesel-benchmark-price-increases
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Higher diesel prices raise fuel surcharges and trucking costs for feed deliveries. Analysts see no clear fundamental driver, so the rebound may be speculative and short-lived.

## Read by commodity

- DIESEL: bullish ▲

## Sources

- freightwaves.com: https://www.freightwaves.com/news/for-first-time-since-early-april-key-diesel-benchmark-price-increases

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