# Diesel futures and retail prices power higher, outstripping gains in crude - FreightWaves

> The DOE/EIA weekly retail diesel price rose 8.8 cents to $3.897 per gallon, the highest since July 2024, extending a seven-week climb. ULSD futures settled at $3.1869 per gallon on Tuesday, up 28.65 cents in one session, as the war drove futures higher.

- Date: 2026-03-03 · published 2026-03-03T12:00:00.000Z
- Category: geopolitics · region US · magnitude medium
- Page: https://feedsoft.ai/events/5533-diesel-futures-and-retail-prices-power-higher-outstripping-gains-in-crude
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md)

## Why it matters

Fuel surcharge benchmarks will keep climbing as retail catches up with futures, raising trucking and feed delivery costs for buyers.

## Read by commodity

- BARGE: bullish ▲
- DIESEL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2023-10-10 | [Benchmark retail diesel price falls, but Israeli conflict boosts futures - FreightWaves](https://feedsoft.ai/events/33826-benchmark-retail-diesel-price-falls-but-israeli-conflict-boosts-futures.md) | +7.3% | +0.4% |
| DIESEL | 2023-12-26 | [After dropping for 8 weeks, benchmark diesel price turns higher - FreightWaves](https://feedsoft.ai/events/32875-after-dropping-for-8-weeks-benchmark-diesel-price-turns-higher-freightwaves.md) | -3.9% | +1.5% |
| DIESEL | 2025-03-24 | [Benchmark diesel price up first time in 3 weeks, futures markets edge higher - FreightWaves](https://feedsoft.ai/events/25787-benchmark-diesel-price-up-first-time-in-3-weeks-futures-markets-edge-higher.md) | +0.5% | -6.1% |
| DIESEL | 2019-09-16 | [Oil out of the gate: higher by 11-14% for key benchmarks, but diesel prices lag - FreightWaves](https://feedsoft.ai/events/5989-oil-out-of-the-gate-higher-by-11-14-for-key-benchmarks-but-diesel-prices-lag.md) | +5.7% | +4.1% |
| DIESEL | 2026-02-24 | [For 7th straight week, benchmark diesel price is higher - FreightWaves](https://feedsoft.ai/events/20775-for-7th-straight-week-benchmark-diesel-price-is-higher-freightwaves.md) | +8.7% | +52.0% |

## Sources

- freightwaves.com: https://www.freightwaves.com/news/diesel-futures-and-retail-prices-power-higher-outstripping-gains-in-crude

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