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
| Company | Announced Date | Effective Date | Increase |
|---|---|---|---|
| Chevron | 3/22/2019 | 5/6/2019 | up to 6% |
| Sinclair Lubricants | 3/22/2019 | 5/1/2019 | 6% to 8% |
| ExxonMobil | 3/26/2019 | 5/6/2019 | up to 6% |
| PennStar | 3/27/2019 | 4/15/2019 | 6% to 8% |
| Shell | 3/29/2019 | 5/6/2019 | up to 6% |
| Gulf Lubricants | 3/29/2019 | 5/1/2019 | 6% to 8% |
| CAM2 International | 3/30/2019 | 5/1/2019 | 4 to 9% |
| Smitty’s Supply | 3/30/2019 | 5/1/2019 | 4 to 9% |
| Reliance Fluid Technologies | 3/30/2019 | 5/1/2019 | 4 to 8% |
| Chemlube International | 4/1/2019 | 5/1/2019 | 5 to 8% |
| Warren Distribution | 4/1/2019 | 5/6/2019 | 4 to 8% |
| Pinnacle | 4/1/2019 | 5/1/2019 | 5 to 8% |
| Advanced Lubrication Specialties | 4/3/2019 | 5/6/2019 | 5 to 8% |
| CITGO | 4/3/2019 | 5/6/2019 | up to 6% |
| Maverick Performance Products | 4/4/2019 | 5/1/2019 | 4 to 8% |
| TOTAL | 4/4/2019 | 5/13/2019 | 6 to 8% |
| Petro-Canada | 4/8/2019 | 5/7/2019 | 6% |
| Amalie | 4/8/2019 | 5/13/2019 | 40cpg lubes, 5cpg greases |
| Calumet | 4/5/2019 | 5/6/2019 | up to 6% |
| Phillips 66 | 4/1/2019 | 5/6/2019 | 4 to 6% |
| Warren Oil | 3/29/2019 | 5/1/2019 | up to 6% |
| Martin Lubricants | 4/2/2019 | 5/6/2019 | 4 to 8% |
| Castrol | 4/12/2019 | 5/13/2019 | up to 6% |