# Another decline in average diesel pump prices; OPEC+ meeting looms - FreightWaves

> The EIA average US retail diesel price posted another weekly decline, settling near $4.21 a gallon and down about $1.02 from a year earlier. ULSD futures had recently moved higher on expectations of possible OPEC+ output cuts ahead of a meeting.

- Date: 2023-11-20 · published 2023-11-20T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/33351-another-decline-in-average-diesel-pump-prices-opec-meeting-looms-freightwaves
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Falling diesel costs ease freight and fuel surcharges for feed buyers, while a possible OPEC+ cut could lift crude and diesel prices.

## Read by commodity

- WTI: neutral
- DIESEL: bearish ▼

## Sources

- freightwaves.com: https://www.freightwaves.com/news/another-decline-in-average-diesel-pump-prices-opec-meeting-looms

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