• Were you looking for...
TOP COMPANY PROFILE MATCHES See All

Petroleum & Petroleum Products Wholesalers Industry
Insights from D&B Hoovers

Industry Analysis

Description

Companies in this industry store, transport, and distribute wholesale petroleum and petroleum products; some wholesalers also operate bulk storage facilities. Major US companies include Global Partners, Mansfield Oil, Statoil Marketing & Trading (owned by Norway's Statoil), Sunoco (owned by Energy Transfer Partners), and World Fuel Services.

Competitive Landscape

Demand for petroleum comes mainly from auto and truck use and home heating. Profitability is determined by the efficiency of operations. Most companies are local and operate a single "bulk station" (tank farm), although the large companies may operate a dozen facilities and serve several states. Large wholesale purchasers generally can negotiate bigger price discounts from suppliers and spread the cost of bulk holding facilities over a larger number of gallons. The US industry is concentrated: the 50 largest companies generate about 80% of revenue.

Products, Operations & Technology

Products include gasoline (about 40% of US industry revenue), diesel fuel and heating oil (about 20%), and crude oil (about 15%), along with propane, jet fuel, kerosene, and lubricants. Diesel fuel and heating oil are collectively called "no. 2 distillates."

Geographic Segmentation

See where the Petroleum & Petroleum Products Wholesalers industry is concentrated geographically and research companies by financials and key corporate data.
  • Were you looking for...
TOP COMPANY PROFILE MATCHES See All

Oh no! 500 Error

Looks like this page no longer exists.

Try searching the site to find what you're looking for

or
Is this your business?
Here are some of our recent Perspectives that may interest you:

Recent Articles

Contact UsContact
Start a Live ChatChat
Let's get in touch
Fill out this form, and we'll contact you soon.
FREE Alerts to Changes in Your D&B® Credit Scores!* Sign Up. Get CreditSignal® for FREE!*
Coronavirus Resources: D&B insights and data for our clients. Learn more. Coronavirus Resources