Shell Lubricants notified U.S. customers on Monday that prices for Shell brand finished lubricants will generally increase by up to 4 percent effective May 5.
This adjustment is due in part to increasing costs of raw materials used in the production and delivery of our products, Shell stated in its letter to customers.
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In some instances, the company noted in its letter, the effective date maybe be different and/or the amount of the price change may fall outside the 4 percent range.