Operations’ Michael Goulder explains pressures driving motor oil prices higher

Rising motor oil prices could soon make your next oil change more expensive

WKYC: Michael Goulder, associate professor in the Department of Operations at Weatherhead School of Management, said global conflict, restricted oil supplies and damaged Persian Gulf refining capacity are driving pressure on motor oil prices. A Cleveland auto shop says its motor oil costs have risen about 25% and warns customers could eventually pay roughly $10 more for an oil change if costs continue rising.