# Fuel prices drop 2.2 cents in most recent week | Overdrive

> The DOE weekly report showed US on-highway diesel fell 2.2 cents to an average of $2.421 a gallon for the week ending Nov. 21. Prices fell in all regions, with the Rocky Mountain region down 3.7 cents.

- Date: 2016-11-21 · published 2016-11-21T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/74017-fuel-prices-drop-2-2-cents-in-most-recent-week-overdrive
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Declining diesel retail prices lower trucking and feed delivery costs, a mild bearish signal for logistics expenses faced by feed buyers.

## Read by commodity

- DIESEL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2023-09-26 | [Diesel prices dip after nearly 3 months of increases \| Overdrive](https://feedsoft.ai/events/34299-diesel-prices-dip-after-nearly-3-months-of-increases-overdrive.md) | -0.1% | -3.9% |
| DIESEL | 2017-02-07 | [Diesel prices drop for fourth straight week, reports EIA - Logistics Management](https://feedsoft.ai/events/72661-diesel-prices-drop-for-fourth-straight-week-reports-eia-logistics-management.md) | -0.7% | -1.5% |
| DIESEL | 2017-05-01 | [EIA Gasoline and Diesel Retail Prices Update (Week Ended May 1, 2017) - Fuels Market News](https://feedsoft.ai/events/10011-eia-gasoline-and-diesel-retail-prices-update-week-ended-may-1-2017-fuels-market.md) | -4.1% | +4.1% |
| DIESEL | 2017-06-27 | [EIA Gasoline and Diesel Retail Prices Update (Week Ended June 26, 2017) - Fuels Market News](https://feedsoft.ai/events/70696-eia-gasoline-and-diesel-retail-prices-update-week-ended-june-26-2017-fuels.md) | +8.3% | +13.7% |
| DIESEL | 2017-06-20 | [EIA Gasoline and Diesel Retail Prices Update (Week Ended June 19, 2017) - Fuels Market News](https://feedsoft.ai/events/70705-eia-gasoline-and-diesel-retail-prices-update-week-ended-june-19-2017-fuels.md) | -2.0% | +7.4% |

## Sources

- overdriveonline.com: https://www.overdriveonline.com/business/article/14891313/fuel-prices-drop-22-cents-in-most-recent-week

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