# With oil market stabilizing, diesel benchmark down for third straight week - FreightWaves

> The DOE/EIA weekly retail diesel benchmark fell 4.5 cents to $3.947 a gallon, its third straight weekly decline. Retail prices are catching up to earlier wholesale and futures declines as Middle East war fears fade.

- Date: 2024-04-29 · published 2024-04-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/30904-with-oil-market-stabilizing-diesel-benchmark-down-for-third-straight-week
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Lower diesel and crude prices reduce fuel surcharges and farm and feed transport costs, easing pressure on feed-mill logistics margins.

## Read by commodity

- WTI: bearish ▼
- DIESEL: bearish ▼

## Sources

- freightwaves.com: https://www.freightwaves.com/news/with-oil-market-stabilizing-diesel-benchmark-down-for-third-straight-week

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