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The EIA weekly retail diesel price rose 5.7 cents to $3.681 per gallon, the third straight weekly increase. ULSD futures settled at $2.7356 per gallon on Friday, the highest since April 2024, driven by cold weather demand for heating oil and power generation.
Rising diesel costs raise trucking and feed delivery expenses, and the cold-driven distillate rally may be peaking as the contract rolls to March. Buyers should expect fuel surcharges to ease if the spring outlook holds.
freightwaves.comJohn KingstonFeb 3, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
