# Benchmark DOE/EIA price down 2 cents; diesel futures market sliding hard - FreightWaves

> The EIA benchmark diesel price slipped 2 cents to $5.313 per gallon, the fourth week of small moves. CME ULSD futures declined for seven straight sessions, and East Coast prices showed signs of a squeeze, with New England diesel above $6 per gallon.

- Date: 2022-11-14 · published 2022-11-14T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/38876-benchmark-doe-eia-price-down-2-cents-diesel-futures-market-sliding-hard
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Futures weakness suggests retail diesel will fall, but regional squeezes keep local transport costs high. The overall price implication is bearish for diesel.

## Read by commodity

- DIESEL: bearish ▼

## Sources

- freightwaves.com: https://www.freightwaves.com/news/benchmark-doe-eia-price-down-2-cents-diesel-futures-market-sliding-hard

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