# Weekly decline in DOE/EIA diesel price largest since 2014 - FreightWaves

> The EIA weekly diesel benchmark fell 13.6 cents to $5.432 a gallon for the week of July 18, the largest weekly drop since December 2014. The price is now 37.8 cents below its June 20 record high. CME ULSD futures had been relatively stable, then settled at $3.655 a gallon after a 1.18% decline.

- Date: 2022-07-19 · published 2022-07-19T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/40687-weekly-decline-in-doe-eia-diesel-price-largest-since-2014-freightwaves
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

The retail diesel decline lowers fuel surcharges and transport costs for feed and grain shipments. The gap between retail prices and futures suggests a catch-up dynamic that could keep pressure on energy-linked freight costs.

## Read by commodity

- DIESEL: bearish ▼

## Sources

- freightwaves.com: https://www.freightwaves.com/news/weekly-decline-in-doe-eia-diesel-price-largest-since-2014

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