# EIA Gasoline and Diesel Retail Prices Update, May 15, 2018 - Fuels Market News

> EIA data for the week ended May 14 showed US retail diesel up 6.8 cents to $3.239 a gallon, the eighth straight weekly rise. WTI breached $70 a barrel for the first time since November 2014, closing at $70.70.

- Date: 2018-05-15 · published 2018-05-15T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/65189-eia-gasoline-and-diesel-retail-prices-update-may-15-2018-fuels-market-news
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Rising retail diesel and crude above $70 raise transport and energy costs for feed buyers. Stock draws in diesel point to tight near-term supply.

## Read by commodity

- WTI: bullish ▲
- DIESEL: bullish ▲

## Sources

- fuelsmarketnews.com: https://fuelsmarketnews.com/eia-gasoline-and-diesel-retail-prices-update-may-15-2018/

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