Costco Raises Kirkland Motor Oil Price Amid Soaring Global Oil Costs

Costco has increased the price of its Kirkland Signature full-synthetic motor oil to around $58 for a 5-quart two-pack, up from approximately $30 just last year.

The wholesale club operator is also limiting purchases of this product to two boxes per week.

This move comes as global oil prices continue to rise due to ongoing tensions in the Middle East.

The price for a barrel of Brent crude has surpassed $109, and the average cost of a gallon of regular gasoline in the US has reached nearly $4.32.