Costco imposes purchase limits on motor oil, hikes prices by nearly double
Costco has responded to rising global energy prices by implementing purchase limits and raising prices on motor oil.Specifically, a 5-quart bottle of Costco’s Kirkland Signature full-synthetic motor oil now costs $57.99, nearly doubling from approximately $30, and consumers are restricted to buying only two bottles per week per membership. Costco has taken measures to address the impact of rising global energy prices by implementing purchase limits and increasing prices on motor oil.The current cost for a 5-quart bottle of Kirkland Signature full-synthetic motor oil has risen to $57.99, nearly doubling from around $30 previously. Additionally, consumers are now limited to purchasing only two bottles per week per membership.
Costco set purchase limits and price hikes on motor oil as the company grapples with rising prices from global energy market disruptions.
A case of two 5-quart bottles of Costco’s Kirkland Signature full-synthetic motor oil now costs $57.99, a near 100% increase from its previous approximate price of $30. The bottles are now rationed as well, as each customer can only buy two boxes per week per membership.
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