More Finished Lube Price Increases


ExxonMobil, Chevron, Cam2 International and Omni Specialty Packaging notified U.S. customers of upcoming price increases on finished lubricants that go into effect in February and March. Factors cited included rising base oil prices and costs of other raw material related to manufacturing, distribution and packaging.

  • ExxonMobil notified customers this week of a general price hike of up to 5 percent on its branded and unbranded lubricants and greases, effective Feb. 22.
  • Chevron notified customers of a general price increase on all lubricating oils and greases up to 5 percent, effective March 6.
  • Omni Specialty Packaging said it will announce markups of 5 percent to 8 percent on all bulk and packaged lubricants, greases and chemicals that takes effect Feb. 22.
  • Cam2 International told customers it will raise prices on all bulk and packaged products by 5 percent to 8 percent, effective on orders placed on or after Feb. 13.

Previously, Shell notified U.S. customers that prices for its finished lubricants will generally increase by up to 5 percent effective Feb. 20. The company attributed the adjustment in part to increasing costs of raw materials used in the production and delivery of its products.

The last widespread movement was a round of increases in the U.S. that took place in the July-August period last year.

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Finished Lubricants