# Marine Gasoil on East Coast Surges as Frigid Weather Pressures Diesel Market Higher - OPIS, A Dow Jones Company

> Marine gasoil on the US East Coast surged with the regional cold snap, with NYMEX ULSD futures up about 23 cents a gallon over four trading days. Natural gas supply to industrial users was curtailed, and power plants burning heating oil pushed up distillate premiums. OPIS expects diesel to stay elevated while the cold continues.

- Date: 2026-01-27 · published 2026-01-27T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/21250-marine-gasoil-on-east-coast-surges-as-frigid-weather-pressures-diesel-market
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Heating oil substitution for natural gas adds demand to distillates and keeps bunker and diesel costs high for East Coast freight. Cold-driven demand would sustain these price levels while the weather persists.

## Read by commodity

- DIESEL: bullish ▲
- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2026-01-28 | [Diesel surging on cold weather, more increases in DOE/EIA benchmark loom - FreightWaves](https://feedsoft.ai/events/21244-diesel-surging-on-cold-weather-more-increases-in-doe-eia-benchmark-loom.md) | -4.8% | +7.9% |
| 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% |
| DIESEL | 2018-01-02 | [Frigid Weather Pushes Diesel Up 7¢ to $2.973 Per Gallon - TT](https://feedsoft.ai/events/67179-frigid-weather-pushes-diesel-up-7-to-2-973-per-gallon-tt.md) | -1.2% | -0.2% |
| DIESEL | 2026-02-02 | [Market Talk \| Energy Markets Stumble As Diesel Plunges And Winter Storms Stress The Grid](https://feedsoft.ai/events/5920-market-talk-energy-markets-stumble-as-diesel-plunges-and-winter-storms-stress.md) | -8.6% | +13.1% |
| DIESEL | 2017-08-29 | [EIA Gasoline and Diesel Retail Prices Update (Week Ended August 28, 2017) - Fuels Market News](https://feedsoft.ai/events/8392-eia-gasoline-and-diesel-retail-prices-update-week-ended-august-28-2017-fuels.md) | +7.6% | +12.8% |
| NATGAS | 2022-12-08 | [US natgas futures surge on forecasts for colder weather - Markets - Business Recorder](https://feedsoft.ai/events/11507-us-natgas-futures-surge-on-forecasts-for-colder-weather-markets-business.md) | +27.9% | -29.6% |
| NATGAS | 2018-11-07 | [Commentary: U.S. natural gas prices surge on cold weather forecast - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com](https://feedsoft.ai/events/62209-commentary-u-s-natural-gas-prices-surge-on-cold-weather-forecast-energy-news.md) | +15.8% | +29.1% |
| NATGAS | 2018-11-06 | [Natural gas prices surge on surprise forecast for cold US weather](https://feedsoft.ai/events/6487-natural-gas-prices-surge-on-surprise-forecast-for-cold-us-weather.md) | +9.1% | +24.8% |

## Sources

- opis.com: https://www.opis.com/resources/energy-market-news-from-opis/marine-gasoil-on-east-coast-surges-as-frigid-weather-pressures-diesel-market-higher/

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