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Monday, June 11, 2018VOLUME 14 ISSUE 24
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ExxonMobil and TOTAL USA Announce Finished Lubricant Price Increases

In a letter dated June 1, 2018, ExxonMobil Fuels and Lubricants Company advised that effective July 1, 2018 ExxonMobil branded and unbranded passenger vehicle lubricants, commercial vehicle lubricants, industrial, marine & aviation lubricants and greases will increase in price by up to 9%. No specific reason was given by ExxonMobil in the letter for the price increase.

In a letter dated June 8, 2018 to TOTAL Specialties USA customers, TOTAL announced that as a result of the continued escalation in cost of base oils, additives and other materials used in the manufacturing and distribution of finished lubricants, effective Monday, July 9, 2018 prices on TOTAL branded lubricant products will be adjusted. On the effective date product prices will increase from 4% to 6% for most products.

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