# Diesel stops 19-week slide after fleets contend with historic low oil prices | Trucking Dive

> U.S. retail diesel prices posted a small rise, ending a 19-week decline. Crude oil has rebounded sharply in May after a record low in April, with Saudi Arabia and Russia discussing deeper output cuts.

- Date: 2020-05-27 · published 2020-05-27T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/53315-diesel-stops-19-week-slide-after-fleets-contend-with-historic-low-oil-prices
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Rising crude on OPEC+ cut talks lifts diesel and energy input costs, while the diesel uptick signals firmer fuel expenses for freight and farm operations.

## Read by commodity

- WTI: bullish ▲
- DIESEL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2023-08-25 | [Oil futures up 1% to one-week high on soaring US diesel prices](https://feedsoft.ai/events/34772-oil-futures-up-1-to-one-week-high-on-soaring-us-diesel-prices.md) | +5.3% | +13.4% |
| WTI | 2023-03-20 | [Oil prices rebound after hitting lowest since 2021 on banking fears](https://feedsoft.ai/events/37055-oil-prices-rebound-after-hitting-lowest-since-2021-on-banking-fears.md) | +3.9% | +21.4% |
| WTI | 2019-01-14 | [The Week Ahead: Will the ringgit and oil prices continue to do well this week? \| KLSE Screener](https://feedsoft.ai/events/61350-the-week-ahead-will-the-ringgit-and-oil-prices-continue-to-do-well-this-week.md) | +4.2% | +2.4% |
| WTI | 2025-06-25 | [Diesel prices soar: Regional breakdown of  how Middle East conflict is impacting U.S gas and diesel prices \| FleetOwner](https://feedsoft.ai/events/24387-diesel-prices-soar-regional-breakdown-of-how-middle-east-conflict-is-impacting.md) | +1.8% | +3.1% |
| WTI | 2017-08-04 | [Oil prices rise after strong US jobs data; rising exports cap gains](https://feedsoft.ai/events/69651-oil-prices-rise-after-strong-us-jobs-data-rising-exports-cap-gains.md) | -1.0% | -3.6% |
| DIESEL | 2023-08-25 | [Oil futures up 1% to one-week high on soaring US diesel prices](https://feedsoft.ai/events/34772-oil-futures-up-1-to-one-week-high-on-soaring-us-diesel-prices.md) | -0.2% | +5.4% |
| DIESEL | 2020-02-15 | [Why diesel prices will go up - Truck News](https://feedsoft.ai/events/54762-why-diesel-prices-will-go-up-truck-news.md) | -5.1% | -38.5% |
| DIESEL | 2025-06-25 | [Diesel prices soar: Regional breakdown of  how Middle East conflict is impacting U.S gas and diesel prices \| FleetOwner](https://feedsoft.ai/events/24387-diesel-prices-soar-regional-breakdown-of-how-middle-east-conflict-is-impacting.md) | +1.5% | +7.7% |

## Sources

- truckingdive.com: https://www.truckingdive.com/news/trucking-diesel-oil-price-May-27-2020/578692/

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