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27
2026-05
International oil prices are fluctuating at high levels—where is the lubricants industry headed?
Recently, the lubricant industry has been rife with price hikes, as numerous brands have issued two rounds of price increases within just two months, with cumulative rises often exceeding 15%. With international crude oil prices remaining at elevated levels and costs for base oils, additives, and packaging materials rising in succession, the entire sector is facing one of the most severe cost shocks in recent years. Where is this wave of price increases coming from, and where is it headed? How should distributors and retail outlets respond? This article provides an in-depth analysis.
2026-05-27
