# Diesel’s decline one for the ages — biggest in almost 6 years - FreightWaves

> Commodity diesel on the CME fell 12.19 cents to $1.7842 a gallon on Thursday, a 6.4% drop that was smaller than the declines in Brent and WTI. The move was the largest one-day fall since July 2015 once pandemic-era crashes are excluded. It also put the 19-week run of rising weekly DOE/EIA retail diesel prices at risk of ending.

- Date: 2021-03-19 · published 2021-03-19T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/6481-diesel-s-decline-one-for-the-ages-biggest-in-almost-6-years-freightwaves
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

A sharp drop in wholesale diesel lowers fuel and freight costs for feed mills and livestock operations, and it signals softer crude prices that can weigh on energy-linked feed inputs.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼
- DIESEL: bearish ▼

## Sources

- freightwaves.com: https://www.freightwaves.com/news/diesels-decline-thursday-one-for-the-ages-biggest-in-almost-6-years

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