After our reporting last Monday that Shell, Chevron, Cam2, Smitty's Supply and Warren Oil announced finished lubricant price increases the previous week, ExxonMobil, CITGO, Phillips 66, Old World Industries, Omni Specialty Packaging, Warren Distribution, Kleen Performance Products and Chemlube announced price increases this past week.

ExxonMobil announced a general price increase of up to 5 percent on its branded and unbranded lubricants and greases, effective February 22, 2017.

CITGO Petroleum announced it will implement a general finished lubricant price increase of 3% - 5% on branded and private label products effective March 1, 2017. CITGO stated that there may be some instances where specific product price changes would fall outside of the general increase. CITGO further stated that this increase is driven primarily by escalations in base oil and packaging material costs that have occurred over the past several months.

Phillips 66 Lubricants announced it will raise finished lubricants prices approximately 5% with an effective date of February 27, 2017. Pricing will be evaluated on a product by product basis and may differ from this value. The company stated "This increase is being driven by recent increases in raw materials costs that have occurred despite our best efforts to limit their impact on our product manufacturing".

Old World Industries (PEAK brand) announced a price increase on all finished lubricants of up to 8% effective February 13, 2017.

Warren Distribution announced it will increase finished lubricant prices by 5 to 8%, depending on product and package size, effective February 27, 2017.

Omni Specialty Packaging announced an increase of 5 percent to 8 percent on all bulk and packaged lubricants, greases and chemicals effective February 22, 2017.

Kleen Performance Products (Safety-Kleen) announced a finished lubricant price increase of 5 to 9% effective February 20, 2017.

Chemlube announced it will increase its Savannah lubricant prices by 5 to 7.5% effective February 15, 2017. The increases will vary somewhat by product. Chemlube stated the increase is due to significant increases in the cost of base oils.