ExxonMobil announced on March 31 that its branded and unbranded lubricants and greases (i.e., passenger and commercial vehicle, industrial and marine lubricants and greases) will increase in price by up to 4% effective May 10, 2017. ExxonMobil stated that different price treatment outside of this range may apply to selected products.

Chevron announced on April 3, 2017, a general price increase of all lubricating oils and greases from 4% to 6%, to be effective May 15, 2017. Chevron stated that in certain instances, specific products may increase in amounts that are outside of this general parameter. Chevron stated that this price movement is being driven by increasing costs of raw materials which impact the manufacturing of our products.

Phillips 66 on April 5 announced it will raise finished lubricant prices 4 to 6 effective May 10. Phillips 66 said that this increases is driven by recent increases in raw materials costs.

Independents Advanced Lubrication Specialties and Nu-Tier Brands also announced price increases last week. Advanced Lubrication Specialties announced on April 3 that it will increase the prices of its lubricants from 5 to 9%, effective April 24, while Nu-Tier Brands (marketers of the Gulf Oil brand) announced on April 4 a general price increase of 4% to 7% effective also on April 24, 2017 on all finished lubricants and greases.

ExxonMobil, Chevron, Phillips 66, Advanced Lubrication Specialties and Nu-Tier Brands join Chemlube, Royal Manufacturing, Old World Industries, Martin Lubricants, Pinnacle Oil, Amalie, Calumet, Castrol, Cam2, Warren Distribution and Smitty's Supply who announced prices increases during the past couple weeks.