Chevron – First to Move Prices… Down

To answer a question many have been asking for the past month or two… with the price of crude dropping like a rock, why have non of the majors announced a price decrease for finished lubricants?

Good question… and a breaking news answer.

Today, Chevron announced a general posted price decrease for our lubricants, gear oils and greases by up to 3.5% for most SKU’s.

Chevron is announcing a general posted price decrease for our lubricants, gear oils and greases by up to 3.5% for most SKU’s. This will be effective in the U.S. Marketer channel effective February 6, 2015.