# Diesel price up eighth straight week; signs of weakness in commodity market - FreightWaves

> The EIA's final 2020 weekly retail diesel price rose 1.6 cents to $2.635 a gallon, the eighth straight weekly gain. The year's benchmark fell 44.4 cents from its January high of $3.079. Wholesale rack prices were trending slightly lower.

- Date: 2020-12-28 · published 2020-12-28T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/49834-diesel-price-up-eighth-straight-week-signs-of-weakness-in-commodity-market
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Diesel is the basis for most freight fuel surcharges, so this rise adds to delivered feed costs for buyers. The softer wholesale trend suggests the increases may be slowing.

## Read by commodity

- DIESEL: bullish ▲

## Sources

- freightwaves.com: https://www.freightwaves.com/news/diesel-price-up-eighth-straight-week-signs-of-weakness-in-commodity-market

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