# Retail diesel keeps dropping, chasing earlier declines in futures, wholesale prices - FreightWaves

> The DOE/EIA weekly retail diesel average fell 15.8 cents to $4.596 a gallon, the third straight week of double-digit declines. Futures and wholesale prices had fallen earlier and have since climbed off their lows. The retail-to-wholesale spread has widened sharply.

- Date: 2022-12-19 · published 2022-12-19T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/38424-retail-diesel-keeps-dropping-chasing-earlier-declines-in-futures-wholesale
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Retail diesel is catching down to earlier wholesale declines, so fuel surcharge benchmarks for feed transport keep falling. The wide retail spread suggests further pump price declines are likely even as futures firm.

## Read by commodity

- DIESEL: bearish ▼

## Sources

- freightwaves.com: https://www.freightwaves.com/news/retail-diesel-keeps-dropping-chasing-earlier-declines-in-futures-wholesale-prices

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