# Benchmark diesel price near lows last seen in July - FreightWaves

> The DOE/EIA weekly retail diesel price fell 5.9 cents to $3.789 a gallon, the sixth straight weekly decline and the lowest since July 2023. Physical diesel prices in several markets are falling faster than CME ULSD futures.

- Date: 2024-05-20 · published 2024-05-20T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/30449-benchmark-diesel-price-near-lows-last-seen-in-july-freightwaves
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Falling retail and physical diesel prices lower surcharge and transport costs for feed ingredients, while the weakness in physical markets signals continued softness ahead.

## Read by commodity

- DIESEL: bearish ▼

## Sources

- freightwaves.com: https://www.freightwaves.com/news/benchmark-diesel-price-near-lows-last-seen-in-july

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