23 July 2013 17:49 [Source: ICIS news]
HOUSTON (ICIS)--Chevron announced that it will increase posted prices for each of its Group II West coast produced base oils by 25 cents/gal effective 26 July, buyers and sellers confirmed on Tuesday.
Chevron’s Group II 600 grade base stock posted prices were at $4.95/gal ahead of the July increase which will bring the heavy grade price to $5.20/gal.
The company’s last increase on its Group II posted base oil prices was 12 March when it raised the price on 600 oils by 20 cents/gal.
Other base oil producers did not announce price changes by noon on Tuesday.
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