Updated November 15, 2017
Total announced November 9, 2017 that it will increase the price of its branded finished lubricants by up to 6%. The increase will take effect December 11, 2017. Total attributes the increase to continuous rising costs of materials used in manufacturing.
The following is a summary of the price increases JobbersWorld reported on for the third round of price increase is 2017
Lubricant Manufacturers Round 3 |
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| Company | Announced Date |
Effective Date |
Increase |
| Kleen Performance Products | 9/6/2017 | 9/6/2017 | 60 to 80 cpg |
| ExxonMobil | 10/20/2017 | 11/20/2017 | up to 6% |
| Chevron | 10/24/2017 | 12/4/2017 | up to 6% |
| Warren Oil | 10/25/2017 | 11/17/2017 | 4% to 9% |
| Chemlube | 10/26/2017 | 11/20/2017 | 20 to 25 cpg |
| Advanced Lubrication Specialties (ALS) | 10/26/2017 | 11/13/2017 | 6 to 10% |
| CAM2 | 10/26/2017 | 11/15/2017 | 4 to 9% |
| Smitty’s Supply | 10/26/2017 | 11/15/2017 | 20 cpg Bulk 25cpg Packaged Lubricants 3cpp Packaged Greases |
| Phillips 66 | 10/27/2017 | 12/1/2017 | 6% |
| Nu-Tier Brands | 10/27/2017 | 11/17/2017 | up to 6% |
| Sinclair Lubricants | 10/27/2017 | 12/11/2017 | up to 6% |
| Old World Industries | 10/30/2017 | 11/13/2017 | up to 8% |
| Warren Distribution | 10/31/2017 | 11/27/2017 | 6 to 9% |
| Allegheny Petroleum | 10/31/2017 | 11/8/2017 | 30 cpg |
| Petro-Canada | 10/31/2017 | 12/1/2017 | up to 6% |
| Valvoline | 11/1/2017 | 12/1/2017 | up to 5% |
| D-A Lubricant | 11/1/2017 | 12/1/2017 | up to 6% |
| CITGO | 11/2/2017 | 12/4/2017 | 4 to 8% |
| SOPUS/Shell | 11/6/2017 | 12/11/2017 | up to 6% |
| BP Lubricants/Castrol (including industrial) | 11/7/2017 | 12/11/2017 | up to 6% |
| Total | 11/9/2017 | 12/11/2017 | up to 6% |
| Pinnacle Oil | 11/15/2017 | 5 to 7% | |
Increase
Quick Stats for the Three Rounds of Price Increases in 2017
| Days from the Start of Round 1 to the Start of Round 2 | 63 Days |
| Days from the Start of Round 2 to the Start of Round 3 | 205 Days |
| Average Price Increase for Round 1 | 5.79% |
| Average Price Increase for Round 2 | 5.75% |
| Average Price Increase for Round 3 | 6.31% |
CLICK HERE FOR A TIMELINE OF ALL THREE ROUNDS OF PRICE INCREASES IN 2017
