# Diesel benchmark down again as signs point to loosening of inventories  - FreightWaves

> The DOE/EIA weekly retail diesel benchmark fell for a fourth consecutive week, dropping 5.3 cents to $3.894 a gallon, its lowest since January 29. CME ULSD settled at $2.4611 a gallon, after falling from $2.773 on April 5.

- Date: 2024-05-06 · published 2024-05-06T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/30452-diesel-benchmark-down-again-as-signs-point-to-loosening-of-inventories
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Looser diesel inventories and falling benchmarks reduce fuel surcharges for feed transport, lowering delivered feed costs at the margin.

## Read by commodity

- DIESEL: bearish ▼

## Sources

- freightwaves.com: https://www.freightwaves.com/news/diesel-benchmark-down-again-as-signs-point-to-loosening-of-inventories

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