NAICS Code 424710-04 - Oil-Bulk-Dealers (Wholesale)

Marketing Level - NAICS 8-Digit

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Looking for more companies? See NAICS 424710 - Petroleum Bulk Stations and Terminals - 414 companies, 2,513 emails.

NAICS Code 424710-04 Description (8-Digit)

Oil-Bulk-Dealers (Wholesale) is an industry that involves the wholesale distribution of crude oil, refined petroleum products, and lubricating oils. These dealers purchase large quantities of oil from refineries and then sell it to various businesses, such as gas stations, airlines, and shipping companies. They are responsible for storing, transporting, and delivering oil to their customers.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 424710 page

Tools

Tools commonly used in the Oil-Bulk-Dealers (Wholesale) industry for day-to-day tasks and operations.

  • Tanker trucks
  • Oil storage tanks
  • Pumps and hoses
  • Flow meters
  • Valves and fittings
  • Oil spill containment equipment
  • Safety gear (e.g. hard hats, gloves, safety glasses)
  • Computer software for inventory management and logistics
  • Fuel quality testing equipment
  • Maintenance tools for oil storage tanks and pumps

Industry Examples of Oil-Bulk-Dealers (Wholesale)

Common products and services typical of NAICS Code 424710-04, illustrating the main business activities and contributions to the market.

  • Aviation fuel distributors
  • Marine fuel distributors
  • Industrial lubricant distributors
  • Heating oil distributors
  • Asphalt manufacturers
  • Chemical manufacturers
  • Power generation companies
  • Railroad companies
  • Mining companies
  • Construction companies

History

A concise historical narrative of NAICS Code 424710-04 covering global milestones and recent developments within the United States.

  • The "Oil-Bulk-Dealers (Wholesale)" industry has a long and rich history worldwide. The industry started in the early 1900s when oil was first discovered in the United States. The first oil well was drilled in Pennsylvania in 1859, and by the early 1900s, the oil industry was booming. The industry grew rapidly during World War I and World War II, as oil was needed for the war effort. In the 1950s and 1960s, the industry continued to grow, and new technologies were developed to extract oil more efficiently. In recent history, the industry has faced challenges due to the increasing demand for renewable energy sources and the decreasing demand for fossil fuels. In the United States, the industry has been impacted by the shale revolution, which has led to a decrease in oil imports and an increase in domestic production. Despite these challenges, the "Oil-Bulk-Dealers (Wholesale)" industry remains an important part of the global economy.