ExxonMobil the First Major to Move in Round 3
ExxonMobil advised its customers on June 1st that it will implement a price increase of up to 9% on its branded and unbranded passenger car, commercial, industrial, marine and aviation lubricants and greases. The increase is effective July 1, 2018.
PennStar announced on May 23rd a general price increase of 6 to 10% to be effective with orders placed after Friday June 15, 2018 on all lubricating oils, gear lubes, and greases. PennStar attributes the increase to the continued rise in base oils, additives and freight costs which impacts its manufacturing and distribution of its lubricant products.
Round 3 Lubricant Price Increase Summary
| Company | Announced Date | Effective Date | Increase |
| Sinclair Lubricants | 5/8/2018 | 7/1/2018 | 10 to 12% |
| Sunoco | 5/16/2018 | 6/16/2018 | 4 to 6% |
| Advanced Lubrication Specialties | 5/16/2018 | 6/16/2018 | 4 to 6% |
| CAM2 | 5/18/2018 | 6/16/2018 | 4 to 9% |
| Smitty’s Supply | 5/18/2018 | 6/16/2018 | 4 to 9% |
| U.S. Lubricants, Commerce, CA | 5/18/2018 | 6/17/2018 | $0.40/gal lubricants $0.05/lb greases |
| Axel Royal | 5/21/2018 | 6/24/2018 | 5% |
| Chemlube | 5/22/2018 | 6/11/2018 | 5 to 9% |
| Maverick Performance Products | 5/22/2018 | 6/18/2018 | 4 to 8% |
| Allegheny Petroleum Products | 5/23/2018 | 6/18/2018 | 6 to 8% on bulk, additional 2% on drums and totes |
| Warren Distribution | 5/23/2018 | 6/25/2018 | 4 to 8% |
| PennStar | 5/23/2018 | 6/15/2018 | 6 to 10% |
| Old World Industries | 5/24/2018 | 6/30/2018 | 4 to 9% |
| ExxonMobil | 6/1/2018 | 7/1/2018 | up to 9% |
CLICK FOR COMPLETE LIST OF LUBRICANT PRICE INCREASES IN 2018 ROUND 1
CLICK FOR COMPLETE LIST OF LUBRICANT PRICE INCREASES IN 2018 ROUND 2
Click on the Timeline Below to See All Effective Increase Dates in 2018
