# DOE/EIA diesel price inches up as broader numbers move higher - FreightWaves

> The EIA retail diesel average edged up 0.2 cents to $3.255 a gallon, the highest since November 2018. Brent settled above $70 for the first time in about two years, and ULSD futures rose 2.7 cents.

- Date: 2021-06-01 · published 2021-06-01T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/46786-doe-eia-diesel-price-inches-up-as-broader-numbers-move-higher-freightwaves
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Higher diesel and crude lift freight and input costs for feed mills and raise the fuel surcharge benchmark for hauling feed. The move reflects tightening petroleum supply against recovering demand.

## Read by commodity

- BRENT: bullish ▲
- DIESEL: bullish ▲

## Sources

- freightwaves.com: https://www.freightwaves.com/news/doe-eia-diesel-price-inches-up-as-broader-numbers-move-higher

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