Motor-oil supplies tighten, raising risk of pricier oil changes
Nissan has pulled back a bulletin about possible U.S. motor oil shortages, with the move putting a fresh spotlight on how the Middle East oil shock is filtering into service departments. The automaker told dealers that supplies are currently fine but said things could shift fast, Hearst Television’s Washington News Bureau reported Monday. More than just gasoline is getting squeezed now. Base oil, which makes up most of many lubricants, is getting tighter right as summer driving and auto service pick up. The Independent Lubricant Manufacturers Association says base oils account for about 75% of engine lubricants, with prices moving higher on Middle East conflict, limited Korean refining, and diesel-focused refinery economics.