Shell Announces a Price Increase on Lubes
Shell announced a general price increase of up to 4% on its lubricants. The increase is effective April 15, 2013. The company added that “In certain instances, the effective date of change and the amount of the price change for specific products may be at a later date and/or an amount outside of this range.”
Shell says the increase is due in part to increasing costs of raw materials used in the production and delivery of its lubricants.