# DOE/EIA diesel price moves higher for first time since mid-April - FreightWaves

> The EIA weekly diesel average rose 2.1 cents to $3.815 after eight straight declines, following a week when ULSD futures surged. Bulls and bears debated whether prices would keep falling.

- Date: 2023-06-20 · published 2023-06-20T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/35676-doe-eia-diesel-price-moves-higher-for-first-time-since-mid-april-freightwaves
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Retail diesel reacts with a lag to futures, so the modest rise may signal a floor, but the bearish outlook still dominates for fuel surcharges and feed freight.

## Read by commodity

- DIESEL: neutral

## Sources

- freightwaves.com: https://www.freightwaves.com/news/doe-eia-diesel-price-moves-higher-for-first-time-since-mid-april

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