Motiva Announces Base Oil Price Increase

Motiva announced a 15 cpg increase on the posted price of its base oils, effective March 15, 2024. The increase applies to Prima 100, 220, and 600; and Ultra 2,3,4,6, and 8. Blenders were advised that the adjustment is due to the steady increase of the raw material cost (LSVGO) over the past several months.