ExxonMobil recognizes the COVID-19 impact on the marketer channel and has elected to provide financial support for its lubricant distributors.
ExxonMobil notified its lubricant distributor network that it will provide them temporary pricing relief effective April 1, 2020. While there will be no change to distributor pricing, the relief provides a rebate of $0.40 a gallon on net gallons purchased. Price treatment may vary for selected products.
Additionally, distributors say they were advised that ExxonMobil’s operations continue to run at normal supply levels at this time.