U.S. diesel prices fell 17 cents per gallon this week across all regions, with the largest decline in the Rocky Mountain region. Prices remain $2.29 per gallon above year-ago levels, while gasoline has dipped below $4 per gallon for the first time since July.
Lower diesel costs can ease trucking and delivered-feed expenses, but prices remain substantially elevated year over year. The article links the recent retreat partly to reduced expectations of further conflict with Iran, though the specific causes remain uncertain.
After 79 past bearish macro events, ULSD / Diesel moved a median -1.0% over 5 sessions (39% higher; middle half -5.7% to +1.7%), and -1.5% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.