# Benchmark diesel price jumps the most since October, back above $4 - FreightWaves

> The DOE/EIA weekly benchmark retail diesel price rose 21 cents to $4.109 a gallon, its largest jump since late July. ULSD futures climbed about 30 cents between February 2 and February 9 before partly reversing. Spot physical markets saw especially sharp moves.

- Date: 2024-02-12 · published 2024-02-12T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/31853-benchmark-diesel-price-jumps-the-most-since-october-back-above-4-freightwaves
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

A jump in the fuel surcharge benchmark raises hauling costs for feed and grain shipments. Volatility in futures and wholesale markets is feeding through to pump prices.

## Read by commodity

- DIESEL: bullish ▲

## Sources

- freightwaves.com: https://www.freightwaves.com/news/benchmark-diesel-price-jumps-the-most-since-october-back-above-4

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