Last week’s posted price increases by a paraffinic and a naphthenic base oil producer triggered an avalanche of price markups on both sides of the market, as other suppliers communicated their own adjustments in rapid succession.
Last week, ExxonMobil communicated a posted price increase of 40 cents per gallon for all of its API Group I, II and II+ grades, scheduled to go into effect on January 20, according to reports. The price table below reflects the revised prices this week given the effective date of the increase.
Free Lube Reports
Get alerts when new Sustainability Blog articles are available.