Costco Increases Motor Oil Prices and Imposes Purchase Limits
Costco Wholesale (COST) has significantly increased the price of its Kirkland Signature full-synthetic motor oil due to tightening lubricant supplies. The retailer now sells a 10-quart package for approximately $57.99, nearly double what it previously charged. In addition to raising prices, Costco is also limiting how much customers can purchase at one time. This move reflects broader supply chain challenges affecting the availability of motor oil products in the market. The changes are part of a response to ongoing supply constraints and may impact consumer behavior as well as competitors who offer similar private-label lubricants.
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