# EIA Gasoline and Diesel Retail Prices Update, December 18, 2018 - Fuels Market News

> The EIA reported that retail gasoline fell 5.2 cents and diesel fell 4.0 cents to $3.121 per gallon for the week ended December 17, the ninth consecutive weekly decline. WTI futures had fallen to their lowest level since July 2016. Retail prices are expected to keep falling if crude continues its downward trend.

- Date: 2018-12-18 · published 2018-12-18T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/61740-eia-gasoline-and-diesel-retail-prices-update-december-18-2018-fuels-market-news
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Continued declines in retail diesel lower transport costs for feed mills and farms. The trend depends on crude futures, which have been falling sharply.

## Read by commodity

- WTI: bearish ▼
- DIESEL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2018-11-21 | [EIA Gasoline and Diesel Retail Prices Update, November 20, 2018 - Fuels Market News](https://feedsoft.ai/events/9532-eia-gasoline-and-diesel-retail-prices-update-november-20-2018-fuels-market-news.md) | -7.6% | -9.3% |
| DIESEL | 2019-05-30 | [EIA Gasoline and Diesel Retail Prices Update, May 29, 2019 - Fuels Market News](https://feedsoft.ai/events/10407-eia-gasoline-and-diesel-retail-prices-update-may-29-2019-fuels-market-news.md) | -9.9% | -0.1% |
| DIESEL | 2020-04-28 | [EIA Gasoline and Diesel Retail Prices Update, April 28, 2020 - Fuels Market News](https://feedsoft.ai/events/53809-eia-gasoline-and-diesel-retail-prices-update-april-28-2020-fuels-market-news.md) | +33.5% | +60.0% |
| DIESEL | 2020-07-29 | [EIA Gasoline and Diesel Retail Prices Update, July 28, 2020 - Fuels Market News](https://feedsoft.ai/events/52310-eia-gasoline-and-diesel-retail-prices-update-july-28-2020-fuels-market-news.md) | +0.9% | +0.4% |
| DIESEL | 2017-05-01 | [EIA Gasoline and Diesel Retail Prices Update (Week Ended May 1, 2017) - Fuels Market News](https://feedsoft.ai/events/10011-eia-gasoline-and-diesel-retail-prices-update-week-ended-may-1-2017-fuels-market.md) | -4.1% | +4.1% |
| WTI | 2018-11-21 | [EIA Gasoline and Diesel Retail Prices Update, November 20, 2018 - Fuels Market News](https://feedsoft.ai/events/9532-eia-gasoline-and-diesel-retail-prices-update-november-20-2018-fuels-market-news.md) | -6.1% | -10.7% |
| WTI | 2019-05-30 | [EIA Gasoline and Diesel Retail Prices Update, May 29, 2019 - Fuels Market News](https://feedsoft.ai/events/10407-eia-gasoline-and-diesel-retail-prices-update-may-29-2019-fuels-market-news.md) | -12.3% | +0.7% |
| WTI | 2020-01-29 | [EIA Gasoline and Diesel Retail Prices Update, January 28, 2020 - Fuels Market News](https://feedsoft.ai/events/55261-eia-gasoline-and-diesel-retail-prices-update-january-28-2020-fuels-market-news.md) | -7.1% | -8.8% |

## Sources

- fuelsmarketnews.com: https://fuelsmarketnews.com/eia-gasoline-and-diesel-retail-prices-update-december-18-2018/

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