# In quieter diesel market, benchmark price moves down just over 5 cents - FreightWaves

> The weekly DOE/EIA average retail diesel price, the benchmark for most fuel surcharges, fell 5.1 cents a gallon in its latest posting. The drop followed a 21-cent jump two weeks earlier and an unchanged week. Brent has traded in a tight range above $81 a barrel since February 9.

- Date: 2024-02-26 · published 2024-02-26T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/31850-in-quieter-diesel-market-benchmark-price-moves-down-just-over-5-cents
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Diesel is a major input cost for feed delivery and grain hauling, so a small decline eases transport costs modestly. The recent calm suggests fuel-driven freight pressure is easing for now.

## Read by commodity

- DIESEL: bearish ▼

## Sources

- freightwaves.com: https://www.freightwaves.com/news/in-quieter-diesel-market-benchmark-price-moves-down-just-over-5-cents

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