# EIA Gasoline and Diesel Retail Prices Update, May 29, 2018 - Fuels Market News

> EIA data for the week ended May 28 showed US retail diesel up 1.1 cents to an average of $3.288 a gallon, with gasoline up 3.9 cents. WTI fell sharply in the week ended May 25 to $67.88 a barrel after two weeks above $70.

- Date: 2018-05-30 · published 2018-05-30T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/65185-eia-gasoline-and-diesel-retail-prices-update-may-29-2018-fuels-market-news
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

A sharp crude pullback suggests diesel and freight costs may ease in coming weeks, modestly reducing transport cost pressure on feed delivery. Diesel prices remain near multi-year highs.

## Read by commodity

- WTI: bearish ▼
- DIESEL: neutral

## Sources

- fuelsmarketnews.com: https://fuelsmarketnews.com/eia-gasoline-and-diesel-retail-prices-update-may-29-2018/

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