Costco Oil Prices Soar Amid Global Tensions | Global News

From Global News Today | 2 Min News | The Daily News Now! The Daily News Now!

Costco’s Kirkland Signature motor oil just got a major price bump—now hitting nearly $60 for a two-pack, up from around $30—and they’ve capped purchases at two boxes per week. With crude oil prices soaring past $109 a barrel due to Middle East tensions and attacks on key infrastructure, the ripple effects are hitting DIY mechanics hard. Global supply chains, especially for imported base oils, are under strain, while refineries prioritize higher-margin gasoline and diesel. It’s unclear if Walmart or Amazon will follow suit—but with inflation already squeezing wallets, this move could be just the latest blow to everyday budgets.

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This is an automated, high-level news summary based on public reporting.
Sources:
https://apnews.com/article/costco-motor-oil-diesel-iran-amazon-kirkland-f5fafbcc6f6befe718b61f7cdf3d3e38

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