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Costco nearly doubles cost of motor oil, limits purchases

Costco nearly doubles cost of motor oil, limits purchases

Summary

Costco has nearly doubled the price of motor oil and set limits on how much customers can buy. This change might remind some shoppers of past shortages but is not expected to cause major problems.

Key Facts

  • Costco raised motor oil prices by almost 100%.
  • The store now limits how many motor oil containers each customer can buy.
  • This price increase could affect people who regularly buy motor oil in large amounts.
  • The price and limit changes come amid broader concerns about supply and demand.
  • Despite the changes, experts do not expect widespread supply issues or shortages.
  • Costco is adjusting prices and rules to manage supply better and prevent shortages.
  • This action follows similar moves in other product categories where demand fluctuated.
  • Customers may notice higher costs at checkout but should still find motor oil available.
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