Add Castrol to the List

Add Castrol to the List in Round 2

BP Lubricants USA Inc. (Castrol) announced a price increase of up to 10% on its Castrol and BP branded passenger car, commercial and synthetic lubricants effective May 14, 2018. Castrol attributes the increase to the rising costs of base oils, additives, packaging and transportation.

See the bottom of page for a complete table of all price increases reported by JobbersWorld in Round 2, 2018.

Shell Publishes New Report On Strategy For Energy Transition

ElectricCarRoyal Dutch Shell plc (Shell) today published a report outlining how its strategy should enable it to thrive as the world transitions to lower-carbon energy. The Shell Energy Transition Report describes its understanding of the transition and what it means for the company. It also explains how Shell has designed its strategy not only to be a world-class investment case, and to sustain its societal license to operate, but also to manage climate change-related risks and maximize opportunities through the transition.

What may be of particular interest to lubricant marketers are Shell’s views about the penetration of electric vehicles in the global market. The Electric Vehicles and Impact on Liquid Fuels section of the Shell Energy Transition Report states “Shell’s Mountains, Oceans and Sky scenarios show a rise in demand for electric vehicles (EVs) in the next few decades.” The trend is fastest in Shell’s “Sky” Scenario (the most rapid transition to lower-carbon energy) where the report states “… more than half of global new passenger car sales are electric by 2030. By 2050, consumers in this scenario will not be able to buy an internal combustion engine (ICE) anywhere in the world.”

On the Wire and in the News

API Warns Against Approval of Year Round E-15 Sales, Asserting the Need to Protect American Consumers

Round 2 Lubricant Price Increase Summary

Company Announced Date Effective Date Increase
Sinclair Lubricants 2/12/2018 3/1/2018 up to 5%
CAM2 3/1/2018 3/24/2018 4 to 10%
Smitty’s Supply 3/1/2018 3/24/2018 4 to 10%
Pinnacle Oil 3/2/2018 3/19/2018 5 to 10%
Allegheny Petroleum 3/5/2018 3/24/2018 4 to 8%
Advanced Lubrication Specialities (ALS) 3/29/2018 6 to 9%
Sunoco 3/29/2018 6 to 9%
Chemlube 3/7/2018 3/26/2018 5 to 8%
Reliance Fluid Technologies (RFT) 3/7/2018 4/9/2018 4 to 9%
Sunbelt Lubricants 3/8/2018 3/21/2018 6 to 8%
PennStar 3/9/2018 3/19/2018 6 to 10%
Martin Lubricants 3/12/2018 4/16/2018 4 to 10%
Warren Distribution 3/12/2018 4/9/2018 5 to 8%
Maverick Performance Products 3/7/2018 3/26/2018 5 to 8%
Royal Mfg 3/13/2018 4/2/2018 3 to 8%
Omni Specialty Packaging 4/23/2018 5 to 8%
ExxonMobil 3/22/2018 4/23/2018 up to 10%
Warren Oil 3/23/2018 4/23/2018 3 to 8%
Chevron 3/28/2018 5/7/2018 up to 10%
Nu-Tier 3/28/2018 4/16/2018 6 to 8%
Total 3/29/2018 4/30/2018 3 to 5%
Shell 4/4/2018 5/7/2018 up to 10%
Phillips 66 4/5/2018 5/14/2018 up to 10%
 Safety-Kleen  4/5/2018  5/7/2018 up to 10%
Castrol (excluding industrial) 4/12/2018 5/14/2018 up to 10%

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 CLICK FOR COMPLETE LIST OF LUBRICANT PRICE INCREASES IN 2018 ROUND 1 

Click on the Timeline Below to See All Effective Increase Dates in 2018

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JobbersWorld Announces Lubricant Pricing Reports

JWMiniBooks-3A must have report for manufacturers, marketers, buyers and others looking to understand price drivers and communicate the reasons for price increases to customers.

THE REPORTS provide insights and information on finished lubricant prices and an in-depth analysis of the cost drivers responsible for the changes in lubricant costs and prices in the US market.

The Finished Lubricant Pricing Reports provide lubricant manufacturers and marketers with an independent source of information and insights on price changes at the manufacturer and retail levels and the key drivers behind the changes. In addition to the influence of crude and base oil, the reports analyze the impact of changes in the cost of lubricant additives, transportation, packaging, labor, and others.

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