# Benchmark diesel price on its way down again after 1-week increase - FreightWaves

> The EIA benchmark US retail diesel price fell 3.9 cents to $4.077 a gallon, down in 21 of the past 26 weeks. CME ULSD futures settled at $2.531 a gallon after a low on Friday.

- Date: 2023-04-24 · published 2023-04-24T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/36582-benchmark-diesel-price-on-its-way-down-again-after-1-week-increase-freightwaves
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Continued declines in diesel and the narrowing Brent-ULSD spread lower fuel surcharges and transport costs for feed buyers, reflecting weaker oil and distillate demand.

## Read by commodity

- BRENT: bearish ▼
- DIESEL: bearish ▼

## Sources

- freightwaves.com: https://www.freightwaves.com/news/benchmark-diesel-price-on-its-way-down-again-after-1-week-increase

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