# Diesel prices drop for fourth straight week, reports EIA - Logistics Management

> The EIA reported diesel prices fell for a fourth straight week, down 0.4 cents to $2.558 per gallon. WTI averaged $52.27 per barrel, and the EIA's outlook calls for diesel to average $2.73 in 2017.

- Date: 2017-02-07 · published 2017-02-07T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/72661-diesel-prices-drop-for-fourth-straight-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

Softer diesel and crude prices reduce hauling costs for feed, though the trend is marginal.

## Read by commodity

- WTI: bearish ▼
- DIESEL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2019-08-06 | [Diesel average falls for the fourth straight week, reports EIA - Logistics Management](https://feedsoft.ai/events/12329-diesel-average-falls-for-the-fourth-straight-week-reports-eia-logistics.md) | -1.6% | -1.8% |
| DIESEL | 2018-11-27 | [National diesel average drops for sixth straight week, reports EIA - Logistics Management](https://feedsoft.ai/events/10262-national-diesel-average-drops-for-sixth-straight-week-reports-eia-logistics.md) | -0.1% | -10.3% |
| DIESEL | 2020-02-27 | [Diesel average is down for seventh straight week, reports EIA - Logistics Management](https://feedsoft.ai/events/9359-diesel-average-is-down-for-seventh-straight-week-reports-eia-logistics.md) | +2.7% | -27.1% |
| DIESEL | 2021-12-14 | [National diesel average is down for the fourth straight week, reports EIA - Logistics Management](https://feedsoft.ai/events/43803-national-diesel-average-is-down-for-the-fourth-straight-week-reports-eia.md) | -2.5% | +15.1% |
| DIESEL | 2018-11-14 | [Diesel average declines for fourth consecutive week, EIA reports - Logistics Management](https://feedsoft.ai/events/11330-diesel-average-declines-for-fourth-consecutive-week-eia-reports-logistics.md) | -3.6% | -10.3% |
| WTI | 2018-11-27 | [National diesel average drops for sixth straight week, reports EIA - Logistics Management](https://feedsoft.ai/events/10262-national-diesel-average-drops-for-sixth-straight-week-reports-eia-logistics.md) | +2.8% | -13.8% |
| WTI | 2020-02-27 | [Diesel average is down for seventh straight week, reports EIA - Logistics Management](https://feedsoft.ai/events/9359-diesel-average-is-down-for-seventh-straight-week-reports-eia-logistics.md) | -3.9% | -55.0% |
| WTI | 2018-11-14 | [Diesel average declines for fourth consecutive week, EIA reports - Logistics Management](https://feedsoft.ai/events/11330-diesel-average-declines-for-fourth-consecutive-week-eia-reports-logistics.md) | -4.0% | -8.2% |

## Sources

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

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