# Diesel slides again, dropping 5.7 cents to $4.128 | FleetOwner

> The US average diesel price fell 5.7 cents to $4.128 a gallon for the week of March 27, the eighth straight weekly drop, and is down almost 50 cents since late January. Diesel is lower in three regions, and analysts link the slide to multiyear-low oil prices tied to the banking crisis and to weaker demand.

- Date: 2023-03-28 · published 2023-03-28T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/37035-diesel-slides-again-dropping-5-7-cents-to-4-128-fleetowner
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Falling diesel reduces trucking and grain-transport fuel costs, but analysts read it as a sign of slowing demand that could weigh on freight activity.

## Read by commodity

- WTI: bearish ▼
- DIESEL: bearish ▼

## Sources

- fleetowner.com: https://www.fleetowner.com/news/article/21262819/diesel-slides-again-dropping-57-cents-to-4128

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