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Costco Limits Purchases of Kirkland Motor Oil Amid Price Increase

Costco has raised the price of its Kirkland Signature full-synthetic motor oil to $57.99 and is limiting purchases to two units per member per week due to a global lubricant shortage linked to rising crude oil prices. The International Energy Agency has also projected a significant oil supply deficit, contributing to increased costs for consumers.

Companies
Costco Chevron
People
Mike Wirth

Our neutral summary

Costco has raised the price of its Kirkland Signature full-synthetic motor oil to $57.99 and is limiting purchases to two units per member per week due to a global lubricant shortage linked to rising crude oil prices. The International Energy Agency has also projected a significant oil supply deficit, contributing to increased costs for consumers.

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Original Headline

COSTCO Starts Rationing Motor Oil...

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Costco Limits Purchases of Kirkland Motor Oil Amid Price Increase