Following price increases by ExxonMobil, Chevron, Phillips 66, CITGO and many independents the past couple weeks, Valvoline, Shell and Castrol have announced price increases.

On November 6, 2017, Shell (SOPUS Products) announced it will implement a price increase of up to 6% on finished lubricants, effective December 11, 2017. Shell stated this adjustment is due in part to increasing costs of raw materials used in the production and delivery of its products.

On November 1, 2017, Valvoline announced it will increase prices on branded lubricants by up to 5% and vary by sku and segment, effective Friday, December 1, 2017. Valvoline attributed this price adjustment to rising raw material costs associated with manufacturing and distribution.

Castrol announced last Tuesday that it will increase the price of Castrol and BP branded finished lubricants by up to 6% effective December 11, 2017. Castrol attributed the increase to continuous rising costs of base oils, additives, packaging, and transportation.

Omni Specialty Packaging announced an increase of 6 to 9 percent on both bulk products and packaged goods effective December 1, 2017.

During the past couple weeks, ExxonMobil, Chevron, Phillips 66, CITGO, D-A Lubricants, Petro-Canada, Allegheny Petroleum, Warren Distribution, Old World Industries, Nu-Tier Brands, Pinnacle Oil CAM2, Smitty's Supply, Warren Oil and Chemlube all announced lube price increases.