# Benchmark DOE/EIA diesel price drops for seventh straight week - FreightWaves

> The DOE/EIA weekly retail diesel benchmark fell 3.1 cents to $3.758 a gallon, its seventh straight weekly decline. CME ULSD futures rose 5.14 cents to $2.465 a gallon that day, with analysts citing Middle East violence rather than a market-specific cause.

- Date: 2024-05-28 · published 2024-05-28T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/30446-benchmark-doe-eia-diesel-price-drops-for-seventh-straight-week-freightwaves
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Lower diesel benchmarks reduce fuel surcharges for freight and farm transport costs, a modest tailwind for feed delivery budgets. The futures bounce suggests the decline may be slowing.

## Read by commodity

- DIESEL: bearish ▼

## Sources

- freightwaves.com: https://www.freightwaves.com/news/benchmark-doe-eia-diesel-price-drops-for-seventh-straight-week

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