Petroleum & Petroleum Products Wholesalers Industry Overview

Companies that engage in the wholesale distribution of petroleum and petroleum products, except those with bulk liquid storage facilities. This includes packaged and bottled petroleum products distributors, truck jobbers, and others marketing petroleum products wholesale.

Full Petroleum & Petroleum Products Wholesalers Industry Description

Transportation Outsourcing

Many distributors outsource gas hauling from the rack to customers, in part because of the liability associated with hauling gasoline. Many distributors desire to focus on the core business of buying and selling gas, as well as other related products.

Full Petroleum & Petroleum Products Wholesalers Industry Trends

• LG Group
• BP Lubricants USA, Inc.
• Castrol India Limited

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Hoover's has developed its own industry classifications to better serve its customers. These classifications are mapped to the North American Industry Classification System (NAICS) and the older U.S. Standard Industrial Classification (SIC) system. The Petroleum & Petroleum Products Wholesalers maps to a number of NAICS codes including:

Full Petroleum & Petroleum Products Wholesalers Industry Codes

• American Association of Petroleum Geologists
  
• American Petroleum Institute
  
• Energy Information Administration
  

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