# Diesel average drops for third consecutive week, reports EIA - Logistics Management

> The EIA reported that the average US diesel price fell for a third straight week, down 0.9 cent to $2.901 a gallon. The average has stayed above $2.90 for six consecutive weeks. WTI crude averaged $57.16 a barrel on NYMEX.

- Date: 2017-12-19 · published 2017-12-19T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/67671-diesel-average-drops-for-third-consecutive-week-reports-eia-logistics-management
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Lower retail diesel and softer crude point to easing fuel costs for hauling and farm operations. The decline is small, so it is a routine price move rather than a new supply or demand shock.

## Read by commodity

- WTI: bearish ▼
- DIESEL: bearish ▼

## Sources

- stage.logisticsmgmt.com: https://stage.logisticsmgmt.com/article/diesel_average_drops_for_third_consecutive_week_reports_eia

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