Base Oil Price Increases
Phillips 66 announced it will increase the price of its Ultra-S 2 and Ultra-S 3 base oils by 24 cents per gallon (cpg), and its Ultra-S 4 and Ultra-S 8 base oils by 22 cpg. The increase goes into effect January 25, 2018.
Petro-Canada announced that effective January 26, 2018, it will implement an increase of 24 cpg on its Group II+ 65N base oil and 22 cpg on its Group III 4 cSt, Group III 6 cSt, and Group III 8 cSt base oils.