More Price Decreases
Royal Mfg Co, LP located in Tulsa, OK and Schertz, TX, manufacturer of high quality and high performance lubricating oils and greases announces a substantial price decrease of approximately $1.00 per gallon on most finished products. The decrease went into effect January 19, 2015.
Bill Mallory, owner and CEO of Royal Mfg says, The recent price decreases in base oils is causing our decrease and Royal is passing along the decrease to our customers and prospects. Adding to this, Mallory says, “This decrease is considerably more than some of the major oil companies have announced that range of $0.35 to $0.50 a gallon.”
Petro-Canada announced there will be 3-5% across the board book price decrease for white oils and process oils, and up to a 3.5% book price decrease for all other products. The decrease is effective Monday, February 2, 2015.