I bought this same 3-pack delivered to my door for $99.00 and free delivery last year, same with Mobil 1's 0W-40 FS. It was as high as $199.00 in recent months but has dropped to what you see here. I suspect stockpiling is the main reason behind it.
Prices remained low for quite some time and are now going up, but the other piece of the puzzle are shortages due to the Pearl GTL plant being offline. Right now, it's the higher prices we have to deal with. Before long, I believe it's going to be shortages on the shelves of some products, also.
I ordered another 5W-30 jug for $29.97 last night for delivery Wed from Amazon. It shipped before the price went up to $35.97 overnight. I'm covered for 2 cars with VRP until 2028. Merc uses ESP and I'm good there too.
The hoarding just has never worked for me. Prices go up and go down, I just buy what I need as I need it. I know I beat a dead horse here but FCP Euro, which could end for me tomorrow for all I know, has made it a non-factor. Even then we're talking the price of fast food
Price jumping is largely from Iran war and Ukraine hitting the Russian fleets and processing. Oil on the shelf today is reflective of contract pricing 3-6 months ago.
Seeing this increase yesterday, I grabbed 2 more Mobil Euro 0w-40 off Amazon while it was $25.
I wonder why the Castrol GTX and Edge products are still sub $24 when all others increased 4-6$ ??