00:00Costco is raising prices and limiting purchases of its Kirkland signature motor oil as surging crude prices squeeze supplies.
00:06A two-pack of five-quart containers now cost about $58, up from roughly $30 last year, with customers limited
00:14to two boxes per week.
00:15The pressure stems partly from disruptions in Middle Eastern oil supplies, which are affecting the crude-based ingredients used to
00:22make synthetic motor oil.
00:23With gasoline and diesel prices also climbing, the impact of the global oil squeeze is increasingly reaching everyday maintenance costs.
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