# With another 2.8-cent drop, diesel has fallen 16 of past 17 weeks - FreightWaves

> The DOE/EIA benchmark diesel price fell 2.8 cents to $3.855 on May 30, the 16th decline in 17 weeks. CME ULSD settled at $2.2808 a gallon, its lowest since early May, as oil markets fell on debt-ceiling uncertainty.

- Date: 2023-05-30 · published 2023-05-30T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/36130-with-another-2-8-cent-drop-diesel-has-fallen-16-of-past-17-weeks-freightwaves
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Falling diesel futures point to lower fuel surcharges for feed trucking. Broader crude weakness could continue to weigh on diesel costs.

## Read by commodity

- WTI: bearish ▼
- DIESEL: bearish ▼

## Sources

- freightwaves.com: https://www.freightwaves.com/news/with-another-2-8-cent-drop-diesel-has-fallen-16-of-past-17-weeks

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