# DOE/EIA diesel price nears pre-Ukraine-invasion level with latest drop - FreightWaves

> The DOE/EIA benchmark diesel price fell 5.7 cents to $4.128 a gallon, its eighth straight weekly decline and close to the $4.104 level set just after Russia's invasion of Ukraine. Diesel futures had been quiet but rose on Monday on new bullish developments abroad.

- Date: 2023-03-27 · published 2023-03-27T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/37026-doe-eia-diesel-price-nears-pre-ukraine-invasion-level-with-latest-drop
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Lower retail diesel lowers trucking and farm fuel costs and feeds into freight surcharges, while the futures bounce hints that the decline may be pausing.

## Read by commodity

- WTI: neutral
- DIESEL: bearish ▼

## Sources

- freightwaves.com: https://www.freightwaves.com/news/doe-eia-diesel-price-nears-pre-ukraine-invasion-level-with-latest-drop

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