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Chevron Announces Price Increase

In what is the first major to move in 2019, Chevron announced a general price increase today on all its lubricating oils and greases. The increase moves the price of its lubricants and greases by up to 6%. The increase is effective on May 6th, 2019. In certain instances, Chevron says specific products may increase in amounts outside this range. Chevron attributes the increase to the higher cost of raw materials.

Note: This increase follows on the heels of Avista, Chevron, Excel Paralubes, Kleen Performance Products, and Motiva announcing price increases on paraffinic base oils ranging from 5 to 20 cpg earlier in the month.

Recently Announced Lubricant Price Increases

CompanyAnnounced DateEffective DateIncrease
Chevron3/22/20195/6/2019up to 6%
Sinclair Lubricants3/22/20195/1/20196% to 8%
ExxonMobil3/26/20195/6/2019up to 6%
PennStar3/27/20194/15/20196% to 8%
Shell3/29/20195/6/2019up to 6%
Gulf Lubricants3/29/20195/1/20196% to 8%
CAM2 International3/30/20195/1/20194 to 9%
Smitty’s Supply3/30/20195/1/20194 to 9%
Reliance Fluid Technologies3/30/20195/1/20194 to 8%
Chemlube International4/1/20195/1/20195 to 8%
Warren Distribution4/1/20195/6/20194 to 8%
Pinnacle4/1/20195/1/20195 to 8%
Advanced Lubrication Specialties4/3/20195/6/20195 to 8%
CITGO4/3/20195/6/2019up to 6%
Maverick Performance Products4/4/20195/1/20194 to 8%
TOTAL4/4/20195/13/20196 to 8%
Petro-Canada4/8/20195/7/20196%
Amalie 4/8/20195/13/201940cpg lubes, 5cpg greases
Calumet4/5/20195/6/2019up to 6%
Phillips 664/1/20195/6/20194 to 6%
Warren Oil3/29/20195/1/2019up to 6%
Martin Lubricants4/2/20195/6/20194 to 8%
Castrol4/12/20195/13/2019up to 6%

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