JobbersWorld is a Petroleum Trends International, Inc. Publication
JobbersWorld is a Petroleum Trends International, Inc. Publication

Category: Price Changes within the Industry

Motiva Announces Increase in Base Oil Postings 

Blenders got word this morning that Motiva will increase the posted price of base oil. The effective date of the adjustment is May 13, 2022. As shown in the chart below, this is the fourth price adjustment Motiva announced in 2022, and Motiva is not alone.

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ExxonMobil Adjusts Base Oil Price Adjustment

As reported in JobbersWorld yesterday, ExxonMobil announced last Thursday that the price of its base oils will increase by $0.30 a gallon, effective March 14. Well, before the ink was dry on that story, blenders got word this morning that ExxonMobil revised the adjustment to $0.70 a gallon. The effective date remains the same at March 14th.

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Motiva Announces Increase in Base Oil Postings 

Blenders got word this morning that Motiva will increase the posted price of base oil. The effective date of the adjustment is May 13, 2022. As shown in the chart below, this is the fourth price adjustment Motiva announced in 2022, and Motiva is not alone.

Read More »

ExxonMobil Adjusts Base Oil Price Adjustment

As reported in JobbersWorld yesterday, ExxonMobil announced last Thursday that the price of its base oils will increase by $0.30 a gallon, effective March 14. Well, before the ink was dry on that story, blenders got word this morning that ExxonMobil revised the adjustment to $0.70 a gallon. The effective date remains the same at March 14th.

Read More »