# National diesel average falls for the first time in four weeks, reports EIA - Logistics Management

> The EIA reported that the US national average diesel price fell 2.4 cents to $5.317 per gallon for the week of October 31, 2022, ending three weeks of increases. The average was still up about $1.59 from a year earlier. West Texas Intermediate was trading near $89 per barrel.

- Date: 2022-11-01 · published 2022-11-01T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/7922-national-diesel-average-falls-for-the-first-time-in-four-weeks-reports-eia
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

A small weekly decline offers little relief to diesel users, since costs remain far above last year. Diesel and freight surcharges are likely to stay high while inventories are tight.

## Read by commodity

- WTI: neutral
- DIESEL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2019-06-04 | [National diesel average falls for third time in four weeks, reports EIA - Logistics Management](https://feedsoft.ai/events/10749-national-diesel-average-falls-for-third-time-in-four-weeks-reports-eia.md) | +0.0% | +8.2% |
| DIESEL | 2023-09-26 | [National weekly diesel average falls for first time in nine weeks, reports EIA - Logistics Management](https://feedsoft.ai/events/34297-national-weekly-diesel-average-falls-for-first-time-in-nine-weeks-reports-eia.md) | -0.1% | -3.9% |
| DIESEL | 2023-06-27 | [National diesel average falls, for the week of June 26, reports EIA - Logistics Management](https://feedsoft.ai/events/35682-national-diesel-average-falls-for-the-week-of-june-26-reports-eia-logistics.md) | -2.5% | +13.0% |
| 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 | 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% |
| WTI | 2018-11-20 | [Diesel average falls for fifth consecutive week, reports EIA - Logistics Management](https://feedsoft.ai/events/9535-diesel-average-falls-for-fifth-consecutive-week-reports-eia-logistics-management.md) | -9.9% | -19.1% |
| WTI | 2021-06-29 | [National diesel average heads up for ninth consecutive week, reports EIA - Logistics Management](https://feedsoft.ai/events/46787-national-diesel-average-heads-up-for-ninth-consecutive-week-reports-eia.md) | +0.8% | -1.8% |
| WTI | 2017-05-31 | [Diesel prices head up for first time in six weeks - Logistics Management](https://feedsoft.ai/events/71179-diesel-prices-head-up-for-first-time-in-six-weeks-logistics-management.md) | -3.0% | -10.9% |

## Sources

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

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