This February Expect Lubricant Price Increases for all Major Oil Manufacturers
Beginning in February 2018 you can expect all major oil manufacturers – Chevron, Shell, Phillips 66, Exxon/Mobil, etc – to roll out lubricant price increases of 5-7% on lubricating oils, coolants/antifreezes and greases, with certain specific products potentially increasing beyond the 5-7% range. As is often the case, this increase in price is a result of the heightened cost of raw materials that impact the manufacturing, processing and delivery of these essential products.
In tandem with the announcements made by all major oil manufacturers regarding their lubricant price increases, on March 5th, 2018, SCL will raise all major oil branded and unbranded products by a comparable percentage.
In an effort to meet our customer’s needs and requests, we encourage you to place orders as early as possible to benefit from current price levels.
As a solutions and logistics provider for a wide range of industry sectors, we recognize that these fluctuations in price will impact your business in one way or another and we will make every effort possible to help offset as much of that impact as possible. We are committed to providing our customers with the highest quality products and outstanding customer service at competitive prices.
Below you will find links to price letters from some of our major oil manufacturers on their lubricant price increase. If you have any questions regarding these pending price increases, please contact an SCL representative today.
We at SCL thank you for your continued business and we appreciate the opportunity to serve you. As the industry changes over time, you can count on us to support you in understanding pending market fluctuations such as lubricant price increase and to provide you with viable solutions to meet your product and bottom line needs.
- Shell Lubricants – 2/19/18 Price Increase
- Chevron Lubricants – 3/1/18 Price Increase
- Chevron Coolant – 3/1/18 Coolant Price Increase
- Phillips 66 – 3/5/18 Price Increase
- BP/Castrol Lubricants – 3/12/18 Price Increase
- Exxon/Mobile – 2/26/18 Price Increase
- Old World Antifreeze – 2/5/18 Price Increase
- TOTAL Specialties USA – 2/16/18 Price Increase
- Valvoline Lubricants – 3/1/18 Price Increase