# Benchmark diesel price drops again as futures prices hold steady - FreightWaves

> The benchmark retail diesel price fell 0.3 cents to $3.794, the smallest decline in a streak that has cut 82.8 cents since January 30. ULSD futures closed at $2.3091 after Brent fell to $71.84, and Goldman Sachs cut its year-end Brent forecast to $86.

- Date: 2023-06-12 · published 2023-06-12T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/35683-benchmark-diesel-price-drops-again-as-futures-prices-hold-steady-freightwaves
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Slowing retail declines and weaker crude suggest diesel costs are stabilizing at lower levels, easing freight costs for feed. Goldman's cut signals softer energy prices ahead.

## Read by commodity

- BRENT: bearish ▼
- DIESEL: bearish ▼

## Sources

- freightwaves.com: https://www.freightwaves.com/news/benchmark-diesel-price-drops-again-as-futures-prices-hold-steady

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