# Diesel average is down for seventh straight week, reports EIA - Logistics Management

> The EIA reported the national average diesel price at $2.882 a gallon for the week of Feb. 24, a near-zero decline and the seventh straight weekly drop. The average fell below $3 a gallon for the first time since September. WTI traded near $46.82 a barrel.

- Date: 2020-02-27 · published 2020-02-27T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/9359-diesel-average-is-down-for-seventh-straight-week-reports-eia-logistics
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Persistently falling diesel prices lower transport and feed-delivery costs, and the sub-$3 level signals weak distillate demand.

## Read by commodity

- WTI: bearish ▼
- DIESEL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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% |
| 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 | 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 | 2025-05-28 | [National diesel average declines for seventh consecutive week, reports EIA - Logistics Management](https://feedsoft.ai/events/24876-national-diesel-average-declines-for-seventh-consecutive-week-reports-eia.md) | +0.9% | +10.9% |
| 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 | 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) | -0.1% | -0.3% |
| 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_average_is_down_for_seventh_straight_week_reports_eia

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