# Diesel surging on cold weather, more increases in DOE/EIA benchmark loom - FreightWaves

> The ULSD futures price settled at its second-highest level in almost two years, up 27.94 cents a gallon in three trading days. The DOE/EIA retail diesel average rose for a second week to $3.624 a gallon, and the fuel surcharge benchmark is expected to rise again the following week. Cold weather and refinery issues are driving the gains.

- Date: 2026-01-28 · published 2026-01-28T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/21244-diesel-surging-on-cold-weather-more-increases-in-doe-eia-benchmark-loom
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

The surcharge benchmark rising means higher trucking costs for delivered feed ingredients, which will be passed to buyers. Tight distillate inventories point to continued upward pressure on diesel.

## Read by commodity

- DIESEL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2024-12-30 | [Diesel benchmark up slightly; futures market soars on forecast of extreme cold - FreightWaves](https://feedsoft.ai/events/27156-diesel-benchmark-up-slightly-futures-market-soars-on-forecast-of-extreme-cold.md) | +5.6% | +10.3% |
| DIESEL | 2022-12-27 | [Benchmark diesel price down again but futures price turns higher - FreightWaves](https://feedsoft.ai/events/38423-benchmark-diesel-price-down-again-but-futures-price-turns-higher-freightwaves.md) | -4.3% | +3.3% |
| DIESEL | 2026-01-27 | [Marine Gasoil on East Coast Surges as Frigid Weather Pressures Diesel Market Higher - OPIS, A Dow Jones Company](https://feedsoft.ai/events/21250-marine-gasoil-on-east-coast-surges-as-frigid-weather-pressures-diesel-market.md) | -4.8% | +12.0% |
| DIESEL | 2025-02-20 | [Cold weather boosts US diesel, masking economic challenges](https://feedsoft.ai/events/26242-cold-weather-boosts-us-diesel-masking-economic-challenges.md) | -5.1% | -9.4% |
| DIESEL | 2021-02-15 | [Higher diesel prices likely as freeze shuts down Gulf Coast refineries - FreightWaves](https://feedsoft.ai/events/48826-higher-diesel-prices-likely-as-freeze-shuts-down-gulf-coast-refineries.md) | +4.9% | +9.7% |

## Sources

- freightwaves.com: https://www.freightwaves.com/news/diesel-surging-on-cold-weather-more-increases-in-doe-eia-benchmark-loom

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