NAICS Code 424720-18 - Oils-Petroleum (Wholesale)

Marketing Level - NAICS 8-Digit

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Contact Emails: 1,015
Company Websites: 88
Phone Numbers: 138
Business Addresses: 140
Companies with Email: 86
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NAICS CODE 424720-18
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Looking for more companies? See NAICS 424720 - Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals) - 8,134 companies, 57,059 emails.

NAICS Code 424720-18 Description (8-Digit)

The Oils-Petroleum (Wholesale) industry involves the wholesale distribution of crude oil, refined petroleum products, and other related products. This industry is responsible for supplying petroleum products to a wide range of customers, including gas stations, industrial facilities, and other wholesalers. Companies in this industry may also provide storage and transportation services for petroleum products.

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 424720 page

Tools

Tools commonly used in the Oils-Petroleum (Wholesale) industry for day-to-day tasks and operations.

  • Oil tankers
  • Pipeline systems
  • Oil storage tanks
  • Oil pumps
  • Oil meters
  • Oil filters
  • Oil separators
  • Oil spill containment equipment
  • Oil analysis equipment
  • Oil sampling equipment

Industry Examples of Oils-Petroleum (Wholesale)

Common products and services typical of NAICS Code 424720-18, illustrating the main business activities and contributions to the market.

  • Crude oil
  • Gasoline additives
  • Diesel fuel
  • Heating oil
  • Jet fuel
  • Kerosene
  • Lubricating oil
  • Motor oil
  • Propane
  • Residual fuel oil

History

A concise historical narrative of NAICS Code 424720-18 covering global milestones and recent developments within the United States.

  • The Oils-Petroleum (Wholesale) industry has a long and rich history dating back to the 19th century when the first oil wells were drilled in Pennsylvania. The industry grew rapidly in the early 20th century with the advent of the automobile and the need for gasoline. The industry continued to expand throughout the 20th century, with the development of new technologies and the discovery of new oil reserves. In recent years, the industry has faced challenges due to increased competition from alternative energy sources and concerns over the environmental impact of fossil fuels. In the United States, the industry has been impacted by fluctuations in oil prices, changes in government regulations, and the increasing demand for renewable energy sources. Despite these challenges, the Oils-Petroleum (Wholesale) industry remains a vital part of the global economy, providing the fuel that powers transportation and industry around the world.