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● LIVE Updated 4h ago Β· 53 sources tracked

Costco raises price for Kirkland motor oil, sets purchase limit

Costco restricts motor oil purchases to two packs per week after prices surged over 61 percent since December. An industry shortage of Group III base oil, particularly for 0W-20 specifications, drives these increases. Most merchandise prices remain stable, but energy costs have impacted lubricants. Some drivers now bring their own oil to repair shops to bypass retail costs.

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  • βœ“ Costco limits motor oil purchases to two packs per week.
  • βœ“ Prices have climbed over 61% since December.
  • βœ“ An industry-wide shortage of Group III base oil, particularly for 0W-20 specifications, drove price increases.
  • βœ“ Energy costs have triggered price spikes for lubricants while most merchandise prices remain stable.
πŸ›‘οΈ Source Corroboration: 53 independent reporting domains (80% confidence) ⏱ Read time: ~2 min

What changed

Costco introduced purchase restrictions of two packs per week alongside price increases driven by raw material shortages.

Live updates

  1. Costco Imposes Motor Oil Limits Following Price Surge

    Costco restricts motor oil purchases to two packs per week after prices surged over 61 percent since December. An industry shortage of Group III base oil, particularly for 0W-20 specifications, drives these increases. Most merchandise prices remain stable, but energy costs have impacted lubricants. Some drivers now bring their own oil to repair shops to bypass retail costs.

    Why it matters

    Lubricant price spikes reflect broader energy market pressures hitting automotive maintenance. The rationing measures at wholesale clubs highlight supply constraints affecting specific lubricant grades. Motorists face rising service bills as they adapt to purchasing limits and higher retail prices.

    What is confirmed

    • Costco limits motor oil purchases to two packs per week.
    • Prices have climbed over 61% since December.
    • An industry-wide shortage of Group III base oil, particularly for 0W-20 specifications, drove price increases.
    • Energy costs have triggered price spikes for lubricants while most merchandise prices remain stable.

    Still unconfirmed

    • Drivers are buying their own oil to bring to repair shops to avoid retail costs.

    What to watch next

    • Developments in Group III base oil supply availability
    • Further purchase limit adjustments by wholesale retailers
    Sources used for this update (8)
    1. retailshout.com β€” Costco Price Shock: The 18 Staples That Quietly Got Expensive
    2. www.dailynews.com β€” Retail - Los Angeles Daily News
    3. www.foxbusiness.com β€” Great Business Leaders in America & Around the World | Fox Business
    4. fluidadvise.com β€” Kirkland Synthetic Oil vs Mobil 1: Which Is Worth It?
    5. www.delish.com β€” Costco Is Making A Major Change To Kirkland ... - Delish
    6. www.foxbusiness.com β€” Costco Deals, Prices, and News & Updates | Fox Business
    7. www.youtube.com β€” Costco Is Rationing Motor Oil and Your Next Oil Change Price ...
    8. ultra1plus.com β€” Oil Supply Monitor - ultra1plus.com
    confidence 80%
  2. Costco caps Kirkland motor oil sales amid price surges

    Costco now limits motor oil purchases to two packs per week after prices climbed over 61% since December. An industry-wide shortage of Group III base oil, particularly for 0W-20 specifications, drove these increases. While most Costco merchandise prices remain stable, energy costs have triggered spikes for lubricants. Some drivers now buy their own oil to bring to repair shops to avoid these retail costs.

    Why it matters

    Base oil shortages impact the broader automotive maintenance market. These price shifts force consumers to change how they manage vehicle upkeep budgets.

    What is confirmed

    • Costco limited motor oil purchases to two packs per week.
    • Motor oil prices at Costco increased by over 61% since December.
    • A shortage of Group III base oil caused the price hikes.

    Still unconfirmed

    • Price increases are also hitting protein products at Costco.
    • Energy costs are the primary driver for these specific retail spikes.

    What to watch next

    • Availability of Group III base oil
    • Further price adjustments for Kirkland protein products
    Sources used for this update (2)
    1. b17news.com β€” My Costco price tracker is pretty stable, but big increases ...
    2. www.ocregister.com β€” Retail – Orange County Register
    confidence 90%
  3. Costco restricts Kirkland motor oil sales amid price surges

    Costco has limited motor oil purchases to two packs per week following price increases of over 61% since December. These hikes stem from an industry-wide shortage of Group III base oil, specifically impacting 0W-20 requirements. While Business Insider reports most Costco items remain steady, energy costs are driving these specific retail spikes. Consequently, some American drivers are bypassing shop pricing by purchasing their own lubricant to bring to repair facilities to manage maintenance budgets.

    Why it matters

    Group III base oil shortages are affecting independent quick-lube shops and major retailers alike. This supply chain pressure forces a shift in how vehicle owners handle routine oil changes.

    What is confirmed

    • Costco capped motor oil purchases at two packs per week.
    • Prices for motor oil at Costco rose by over 61% since December.
    • Supply shortages of Group III base oil are driving price increases for 0W-20 oil.

    Still unconfirmed

    • Business Insider tracking suggests higher energy costs are causing retail price hikes on oil and protein.
    • Some U.S. drivers are bringing their own oil to repair shops to save money.

    What to watch next

    • Changes in Group III base oil supply levels
    • Updates to Costco purchase limits
    • Further price adjustments in the Business Insider tracking basket
    Sources used for this update (2)
    1. www.businessinsider.com β€” Costco Price Tracker: Mostly Steady, but Big Hikes on Oil and ...
    2. daxstreet.com β€” Motor-Oil Price Increases Push U.S. Drivers to Bring Their Own Oil to Repair Shops
    confidence 90%
  4. Costco limits motor oil purchases, raises prices over 61%

    Costco is capping motor oil purchases at two packs per week and has raised prices by over 61% since December due to an industry-wide supply shortage. The restrictions and price hikes are driven by surging costs for Group III base oil, which is impacting vehicle owners requiring 0W-20 oil. This development aligns with broader industry trends affecting independent quick-lube shops and rival stores.

    Why it matters

    The global supply crunch for Group III base oil is driving up maintenance costs for drivers across the country. This comes during a period of wider retail adjustments, with lubricant supply constraints hitting independent quick-lube shops and rival stores like Walmart. Vehicle owners, especially those requiring 0W-20 oil, face significant financial impacts.

    What is confirmed

    • Costco limits motor oil purchases to two packs per week.
    • Costco has raised motor oil prices more than 61% since December.
    • The supply shortage is driven by surging costs for Group III base oil.
    • Vehicle owners requiring 0W-20 oil face significant financial impacts.

    What to watch next

    • Further updates on Group III base oil supply and pricing
    • Responses from independent quick-lube shops and rival stores
    • Potential impacts on vehicle maintenance costs for consumers
    Sources used for this update (3)
    1. www.centraloregondaily.com β€” Costco limits motor oil buys amid price surge | Consumer ...
    2. carcody.com β€” Costco Motor Oil Limits: What the Group III Shortage Means
    3. lcsilenceiscomplicity1.substack.com β€” Americans Are Going Broke Under Trump
    confidence 100%
  5. Costco Rations Motor Oil As Group III Base Oil Prices Surge

    Costco restricts motor oil purchases to two packs per week as surging costs for Group III base oil tighten supplies nationwide. Owners of vehicles requiring 0W-20 oil face the heaviest financial impact from the global supply crunch. The retail restrictions align with broader industry price hikes hitting independent quick-lube shops and rival stores like Walmart. Analysts note that these lubricant supply constraints are driving up maintenance costs for drivers across the country during a period of wider retail adjustments.

    Why it matters

    Base oil prices dictate the cost of synthetic motor oil and directly influence maintenance expenses for millions of vehicle owners. Global supply constraints have forced major retailers to intervene in inventory distribution to prevent total stockouts. Understanding these supply bottlenecks helps explain why routine vehicle upkeep is becoming more expensive at major club stores and independent service centers alike.

    What is confirmed

    • Costco limits motor oil purchases to two packs per week.
    • Surging Group III base oil prices are driving a global supply crunch.
    • Owners of vehicles that use 0W-20 oil face the biggest impact from the shortage.

    Still unconfirmed

    • Lubricant supply constraints are driving similar price increases across Walmart and independent quick-lube shops nationwide.

    What to watch next

    • Further announcements from Costco regarding purchase limits or inventory replenishment.
    • Broader retail pricing shifts across competing stores affected by the base oil shortage.
    • Official updates on the duration of the global supply crunch impacting 0W-20 users.
    Sources used for this update (2)
    1. www.zinc.com β€” Motor Oil Price Trend (2026) | LIVE CPI Tracker by Zinc.com
    2. carbuzz.com β€” Costco Is Rationing Motor Oil To 2 Jugs A Week, And 0W-20 Owners Are Paying The Price
    confidence 100%
  6. Costco Motor Oil Price Hike and Limits Follow Q4 Growth

    Costco raised the price of its Kirkland synthetic motor oil to roughly $58 per case and capped purchases at two boxes per week. This adjustment accompanies strong financial results for fiscal Q4 2026, which included net sales of $93.87 billion. Lubricant supply constraints are driving similar price increases across Walmart and independent quick-lube shops nationwide. Meanwhile, Walmart confirmed it will not use customer data for personalized pricing as retailers adjust their operations.

    Why it matters

    Retailers face ongoing lubricant supply constraints that affect motor oil pricing across the market. Costco implements these purchase limits alongside strong financial performance driven by digital sales and memberships. Competitors like Walmart continue modifying their operational strategies in response to shifting market conditions.

    What is confirmed

    • Costco increased the price of its Kirkland synthetic motor oil to approximately $58 per case.
    • Costco restricted customer purchases to two boxes of motor oil per week.
    • Fiscal Q4 2026 featured net sales of $93.87 billion driven by digital sales and memberships.
    • Lubricant supply constraints are causing similar price increases at Walmart and independent quick-lube shops.
    • Walmart pledged not to use customer data for personalized pricing.

    What to watch next

    • Updates on lubricant supply constraints affecting national motor oil inventory
    • Further pricing and purchase limit adjustments by competing retailers
    Sources used for this update (3)
    1. costcoonlineusa.com β€” Costco Online - Costco Online
    2. www.costco.co.uk β€” Join the club & start saving! | Costco UK
    3. www.storelocators.com β€” Costco Stores in England (25 Locations) - Oct 2026
    confidence 100%
  7. Costco Raises Kirkland Motor Oil Price and Sets Limits Amid Constraints

    Costco increased the price of its Kirkland synthetic motor oil to approximately $58 per case while restricting customer purchases to two boxes per week. This change coincides with strong financial results for fiscal Q4 2026, featuring net sales of $93.87 billion driven by digital sales and memberships. Similar price increases are affecting Walmart and independent quick-lube shops nationwide due to ongoing lubricant supply constraints. Meanwhile, retail competitors continue adjusting operations, as Walmart pledges not to use customer data for personalized pricing.

    Why it matters

    The recent price adjustments and purchasing limits reflect broader industry-wide lubricant supply constraints affecting major retailers and independent shops. These operational shifts occur alongside robust financial performance in the retail sector, even as companies navigate changing competitive strategies regarding customer data usage and pricing models.

    What is confirmed

    • Costco raised the price of its Kirkland synthetic motor oil to roughly $58 per case.
    • Costco capped motor oil purchases at two boxes per customer weekly.
    • Costco reported net sales climbed 11.2 percent to $93.87 billion for fiscal Q4 2026.
    • Walmart vowed not to use customer data for personalized pricing.

    What to watch next

    • Monitor whether other warehouse clubs implement similar motor oil purchase limits.
    • Observe if lubricant supply constraints persist across national retail chains and independent shops.
    • Track future quarterly financial reports from Costco for sustained membership and digital sales growth.
    Sources used for this update (4)
    1. www.dailypress.com β€” Retail - Daily Press
    2. www.mcall.com β€” Lehigh Valley Retail Watch: Store Openings, Closings & News ...
    3. www.wral.com β€” Business News and Reporting Coverage, page 18 | WRAL
    4. finance.yahoo.com β€” Costco quietly made a big pricing change - Yahoo Finance
    confidence 90%
  8. Costco Motor Oil Prices Rise Amid Industry Shortages

    Costco raised the price of its Kirkland synthetic motor oil to roughly $58 per case and capped purchases at two boxes per customer weekly. The warehouse club also reported strong financial results for fiscal Q4 2026, with net sales climbing 11.2 percent to $93.87 billion, driven by growth in digital sales and memberships. Similar price increases are occurring at Walmart and independent quick-lube shops nationwide due to ongoing lubricant supply constraints. Meanwhile, retail competitors continue adjusting their operations, with Walmart vowing not to use customer data for personalized pricing.

    Why it matters

    The motor oil price adjustments and purchase limits stem from broader lubricant supply constraints affecting retailers nationwide, including Walmart and independent shops. These inventory preservation steps coincide with strong financial performance across the retail sector, highlighted by Costco reaching record executive membership penetration during fiscal 2026. Retailers are simultaneously expanding technological capabilities, such as Walmart deploying artificial intelligence tools and Lowe launching drone delivery partnerships.

    What is confirmed

    • Costco increased the price of its Kirkland synthetic motor oil to roughly $58 per case.
    • Costco restricted motor oil purchases to two boxes per customer weekly.
    • Net sales climbed 11.2 percent to $93.87 billion for fiscal Q4 2026.
    • Executive membership hit record penetration in fiscal 2026.

    Still unconfirmed

    • Walmart stated it will not use customer data to personalize prices or hide lower-cost options.

    What to watch next

    • Duration of lubricant supply constraints and purchase limits at Costco warehouses
    • Potential expansion of motor oil price hikes to other major wholesale and retail competitors
    Sources used for this update (4)
    1. www.foxbusiness.com β€” Shopping - Fox Business ,Saving & Investing
    2. www.fool.com β€” Costco (COST) Q4 2026 Earnings Call Transcript | The Motley Fool
    3. www.eastbaytimes.com β€” Retail – East Bay Times
    4. www.mercurynews.com β€” Retail – The Mercury News
    confidence 100%
  9. Costco Imposes Purchase Limits on Kirkland Motor Oil

    Costco has increased the price of its Kirkland synthetic motor oil to roughly $58 per case and restricted purchases to two boxes per customer weekly. The retailer instituted these limits and price hikes to protect inventory levels against ongoing lubricant supply constraints. Similar price increases are occurring at Walmart and independent quick-lube shops nationwide. Meanwhile, Costco reported strong financial results for fiscal Q4 2026, with net sales climbing 11.2 percent to $93.87 billion driven by membership and digital growth.

    Why it matters

    Retailers face widespread lubricant supply constraints that are driving up costs across the automotive maintenance sector. The price adjustments affect budget-conscious consumers who rely on bulk warehouse pricing for vehicle upkeep. These supply pressures run parallel to broader energy market fluctuations, including rising global oil prices driven by geopolitical tensions and economic policies.

    What is confirmed

    • Costco increased the price of its Kirkland synthetic motor oil to roughly $58 per case.
    • Costco restricted motor oil purchases to two boxes per customer weekly.
    • Similar price increases are occurring at Walmart and independent quick-lube shops nationwide.
    • Costco reported strong financial results for fiscal Q4 2026, with net sales climbing 11.2 percent to $93.87 billion.

    Still unconfirmed

    • Rising oil prices are directly linked to geopolitical concerns involving Iran and forthcoming midterms.

    What to watch next

    • Further announcements from warehouse clubs regarding nationwide purchase limits on automotive supplies.
    • Official updates from lubricant manufacturers on production bottlenecks.
    Sources used for this update (8)
    1. www.costco.com β€” Welcome to Costco Wholesale
    2. www.costco.com β€” Grocery & Household Essentials - Costco Wholesale
    3. www.costco.com β€” Warehouse Locations | Costco
    4. www.foxbusiness.com β€” Oil - Fox Business
    5. www.costco.com β€” Palm Beach Gardens, FL Warehouse | Costco
    6. www.costco.ca β€” Palm Beach Gardens, FL Warehouse | Costco
    7. www.loc8nearme.com β€” COSTCO WHOLESALE - 3250 Northlake Boulevard, Palm Beach Gardens ...
    8. www.costco.com β€” Royal palm beach, FL Warehouse | Costco
    confidence 80%
  10. Costco Motor Oil Prices Surge And Limits Take Effect

    Costco has increased the price of its Kirkland synthetic motor oil to roughly $58 per case and restricted purchases to two boxes per customer weekly. The retailer instituted these limits and price hikes to protect inventory levels against ongoing lubricant supply constraints. Similar price increases are occurring at Walmart and independent quick-lube shops nationwide. Meanwhile, Costco reported strong financial results for fiscal Q4 2026, with net sales climbing 11.2 percent to $93.87 billion driven by membership and digital growth.

    Why it matters

    The price increases and rationing at major big-box retailers highlight how broader macroeconomic pressures and supply disruptions reach everyday household goods. Regional petroleum markets face severe constraints while the war in Iran continues. Concurrently, broader inflationary pressures continue to squeeze household budgets across California and numerous other states.

    What is confirmed

    • Costco fiscal Q4 2026 net sales rose 11.2 percent to $93.87 billion.
    • Management plans 33 warehouse openings in fiscal year 2027.

    Still unconfirmed

    • Costco implemented purchase limits on motor oil due to global crude oil shortages.

    What to watch next

    • Announcements regarding further warehouse openings and capital expenditures during upcoming fiscal periods.
    • Additional retail data reflecting the duration of motor oil rationing and supply chain recovery.
    Sources used for this update (9)
    1. www.tradingkey.com β€” Costco (COST) Fiscal Q4 2026 Earnings Call: Sales Rise 11.2%, Expansion Accelerates
    2. www.foxbusiness.com β€” Retail - Fox Business ,Saving & Investing
    3. www.eastbaytimes.com β€” How inflation eats up your household’s income – East Bay Times
    4. thenationalpulse.com β€” Costco Rations Motor Oil Purchases as Iran War Continues.
    5. www.lubesngreases.com β€” Big Box Price Hike Shows How Costs Reach Consumers
    6. www.iheart.com β€” Costco Limits Motor Oil Sales Amid Shortage And Price Surge
    7. www.thedrive.com β€” Oil Changes Are Getting a Lot More Expensive at Walmart and ...
    8. www.eastbaytimes.com β€” A record not worth cheering? California gas prices near all-time high
    9. www.eastbaytimes.com β€” Will an early switch to winter-blend gasoline give California drivers a price break? – East Bay Times
    confidence 100%
  11. Costco raises motor oil prices and limits sales

    Costco has increased the price of Kirkland synthetic motor oil to roughly $58 per case and restricted sales to two boxes per customer each week. The retailer implemented these measures to prevent stockouts amid global crude oil shortages and rising costs. This rationing strategy aims to maintain inventory levels while regional petroleum markets face ongoing constraints. Separately, the company has reintroduced churros to its food court after previously replacing them with chocolate chip cookies in early 2024.

    Why it matters

    Rising crude oil costs are driving price hikes and supply constraints across broader fuel markets. These inventory protections follow a pattern of regional petroleum pressures impacting consumer access to automotive supplies.

    What is confirmed

    • Costco increased the price of Kirkland synthetic motor oil to approximately $58 per case.
    • Customer purchases of Kirkland synthetic motor oil are limited to two boxes per week.
    • Costco food courts replaced churros with chocolate chip cookies in January 2024.

    What to watch next

    • Changes to motor oil purchase limits as crude oil costs fluctuate
    • Duration of the churro return to food court menus
    Sources used for this update (2)
    1. www.eastbaytimes.com β€” Costco brings back the beloved churro β€” for now
    2. www.sun-sentinel.com β€” Gap partners with boy band Just Your Type in multiyear partnership
    confidence 100%
  12. Costco Restricts Motor Oil Purchases as Prices Nearly Double

    Costco has increased the price of Kirkland synthetic motor oil to approximately $58 per case and restricted customer purchases to two boxes per week. This pricing and rationing strategy responds to escalating global crude oil costs and looming shortages, protecting store inventories from stockouts. Concurrently, regional petroleum pressures continue to impact consumers as broader fuel markets face constraints. In separate developments, California governor Gavin Newsom signed legislation allowing a greater ethanol blend to lower state gas prices, and two Maryland malls instituted juvenile curfews following violent incidents.

    Why it matters

    Global crude oil costs and supply pressures are driving retail adjustments for essential automotive products. Retailers are implementing strict purchasing limits to manage inventory and prevent widespread shortages during market volatility.

    What is confirmed

    • Kirkland synthetic motor oil now costs about $58 per case at Costco.
    • Costco restricts motor oil purchases as petroleum supply pressures squeeze consumers.

    What to watch next

    • Whether Costco extends purchase limits to other automotive or high-demand products
    • Future trends in global crude oil costs and potential supply chain impacts
    Sources used for this update (3)
    1. eurweb.com β€” Costco Limits Motor Oil Purchases as Prices Nearly Double
    2. www.mercurynews.com β€” A boost in ethanol should lower California gas prices. But will drivers even notice?
    3. www.foxbusiness.com β€” Two Maryland malls set to enact juvenile curfews after violent incidents
    confidence 100%
  13. Costco limits Kirkland motor oil purchases amid price surge

    Costco has increased the price of Kirkland Signature full-synthetic motor oil and restricted customer purchases to two boxes per week. A 5-quart two pack now costs approximately $58, nearly double the $30 price from last year. The company implemented these rationing measures and price hikes to manage inventory during a period of rising global crude oil costs and a looming global shortage. These changes aim to prevent stockouts as supply pressure builds worldwide.

    Why it matters

    Motor oil availability is tightening due to global supply chain pressures. Costco uses its house brand to provide value, making these price jumps significant for members. The shift from a $30 to $58 price point reflects broader volatility in the energy market.

    What is confirmed

    • Costco restricted customers to two boxes of Kirkland Signature full-synthetic motor oil per week.
    • The price for a 5-quart two pack rose from $30 last year to approximately $58.
    • Costco implemented these changes to manage inventory amid rising crude oil costs and a looming global shortage.

    What to watch next

    • Official statement from Costco regarding the duration of purchase limits
    • Updated pricing for other Kirkland automotive fluids
    • Reports of regional stockouts despite rationing
    Sources used for this update (9)
    1. www.pressdemocrat.com β€” National News
    2. www.sun-sentinel.com β€” South Florida and Broward County Business
    3. www.mcall.com β€” Lehigh Valley Business News - The Morning Call
    4. www.orlandosentinel.com β€” Orlando business, jobs, real estate, tourism industry news: Orlando Sentinel
    5. www.baltimoresun.com β€” Business – Baltimore Sun
    6. www.orlandosentinel.com β€” National & World News
    7. www.entrepreneur.com β€” Costco Raises Motor Oil Prices and Limits Amount You Can Buy
    8. www.foxbusiness.com β€” My Watchlist
    9. www.newsday.com β€” Long Island Business news, events, promotions and more
    confidence 90%
  14. Costco limits Kirkland motor oil sales as prices reach record highs

    Costco now restricts customers to two boxes of Kirkland Signature full-synthetic motor oil per week. The price for a 5-quart two pack has risen to approximately $58, nearly double the $30 price point from last year. These rationing measures and price hikes come as global supply pressure builds and motor oil costs climb. The retailer is implementing these changes to manage inventory amidst a looming global shortage and rising crude oil costs.

    Why it matters

    Brent crude oil prices recently exceeded $109 due to conflict in the Middle East. These costs are filtering through to consumer goods, impacting buyers who perform their own vehicle maintenance to avoid inflation.

    What is confirmed

    • Costco has increased the price of Kirkland Signature full-synthetic motor oil to approximately $58.
    • Customers are limited to purchasing two boxes of the motor oil per week.
    • Brent crude oil prices exceeded $109 on Monday morning.

    Still unconfirmed

    • The price of the motor oil was approximately $30 last year.
    • The price hike is linked to war in Iran.

    What to watch next

    • Changes in Brent crude oil pricing
    • Official Costco statements on the duration of purchase limits
    Sources used for this update (4)
    1. www.usatoday.com β€” Costco rations oil, raise price. How many California locations affected
    2. finance.yahoo.com β€” Costco raises motor oil prices as supply pressure builds
    3. www.whec.com β€” Costco raises price for Kirkland motor oil, sets purchase limit
    4. www.slashgear.com β€” Costco Restricts Motor Oil Buying As Kirkland Brand Hits Record High Prices
    confidence 90%
  15. Costco raises Kirkland motor oil price to $57.99 and limits purchases

    Costco has increased the price of its Kirkland Signature full-synthetic motor oil to $57.99 and implemented weekly purchase limits for customers. The retailer is rationing the product as motor oil prices climb and a global shortage looms. These changes follow a rise in Brent crude oil, which exceeded $109 on Monday morning due to ongoing fighting in the Middle East. The price hike is described by some reports as nearly doubling the previous cost of the product.

    Why it matters

    Rising energy costs are impacting both retail prices and the broader U.S. stock market. Increasing oil prices and bond yields have added pressure to Wall Street and raised the likelihood of a Federal Reserve rate hike.

    What is confirmed

    • Costco raised the price of Kirkland Signature full-synthetic motor oil.
    • Costco established limits on how much motor oil customers can buy weekly.
    • Brent crude oil prices rose past $109 on Monday morning.

    Still unconfirmed

    • The price of Kirkland motor oil nearly doubled.
    • Price increases and rationing are a result of a crisis sparked by Trump.
    • A global shortage of motor oil is looming.

    What to watch next

    • Federal Reserve decisions regarding interest rate hikes
    • Changes in Middle East conflict affecting Brent crude prices
    Sources used for this update (9)
    1. Autoguide.com β€” Costco Limits Engine Oil Purchases as Prices Climb Thanks To Trump
    2. The Drive β€” Costco Hikes Price of Motor Oil and Limits Purchases as Global Shortage Looms
    3. KSL.com β€” Costco raises price for Kirkland motor oil, sets purchase limit
    4. Yahoo Finance β€” Costco rations Kirkland motor oil, raises price to $57.99
    5. The Daily Beast β€” Trump’s Crisis Sparks Rationing at Major Retailer
    6. www.bostonherald.com β€” Costco raises price for Kirkland motor oil, sets purchase limit
    7. www.ktvu.com β€” Costco raises prices of Kirkland motor oil, limits how much shoppers can purchase
    8. www.aol.com β€” Costco nearly doubles Kirkland motor oil prices while implementing purchase limit
    9. www.troyrecord.com β€” Wall Street points to more losses as oil, bond yields rise and odds of a Fed rate hike increase
    confidence 80%
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