# DOE/EIA benchmark diesel price sees biggest 1-week drop since August - FreightWaves

> The EIA benchmark retail diesel price fell 9.2 cents to $5.141 per gallon, the largest one-week drop since August. The CME ULSD futures contract also declined, now about 78 cents below its early-November high.

- Date: 2022-11-28 · published 2022-11-28T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/38873-doe-eia-benchmark-diesel-price-sees-biggest-1-week-drop-since-august
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Falling futures and retail diesel prices point to lower fuel surcharges for hauling feed ingredients. The price implication is bearish for diesel.

## Read by commodity

- DIESEL: bearish ▼

## Sources

- freightwaves.com: https://www.freightwaves.com/news/doe-eia-benchmark-diesel-price-sees-biggest-1-week-drop-since-august

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