Petroleum & Petroleum Products Wholesalers
Industry Description
The US petroleum wholesale distribution industry includes about 5,700 companies with annual revenue of about $750 billion. Revenue can vary significantly from year to year with the price of crude oil. Major companies include Getty Petroleum Marketing, Global Partners, Mansfield Oil, Statoil Marketing & Trading, and World Fuel Services. The industry is concentrated: the 50 largest companies generate more than 70 percent of revenue.
SIC: 5171, 5172
NAICS: 424710, 424720
NAICS: 424710, 424720
Related Industries:
Natural Gas Distribution & Marketing, Oil & Gas Field Services, Airport Operations, Automotive Oil Change & Lubrication Services, Biofuel Manufacturing, Electric Power Transmission, Distribution & Marketing, Petroleum RefiningTo get access to the full industry record, register now.
Top 5 Companies
| Company | Sales | Location |
|---|---|---|
| China Petroleum & Chemical Corporation | 196,781.11M | Wan Chai, Hk |
| Chevron Products, Filial af Chevron Products Scandinavia Ab, Sverige | 182,439.31M | Kobenhavn, Denmark |
| China International United Petroleum & Chemical Co., Ltd. | 117,129.30M | Beijing, China |
| Unipec Asia Company Limited | 107,031.42M | Wan Chai, Hk |
| Indian Oil Corporation Limited | 70,328.90M | New Delhi, India |
There are 119,499 companies in this industry. To view all of them, register now.Trends
Transportation Outsourcing - Many distributors outsource gas hauling from the rack to...
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The spot price of crude oil, which affects the profitability of petroleum wholesalers, rose 14.4 percent in the week ending January 6, 2012, compared to the same week in 2011.
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Forecast: Crude Oil Prices, Refiner Margins to Fall - Both crude oil prices and refiner margins are expected to dip in 2012, leading to slightly lower retail prices for regular gasoline and diesel fuel,...
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