ExxonMobil Revisits its Recent Lubricant Price Increase
ExxonMobil notified marketers that it recently conducted a review of market conditions, including the recent decreases in base oil prices. As a result of the review, ExxonMobil will be implementing select adjustments to the price increases announced on August 15, 2022 that were set to take effect on September 19th. While the amount and timing of the adjustments will vary, marketers were advised that the price of Mobil1, aviation lubricants, and ExxonMobil grease will increase.