Mobile Menu

Sector: 42 Wholesale Trade

NAICS Code 424720 - Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals

Industry Description

This industry comprises establishments primarily engaged in the merchant wholesale distribution of petroleum and petroleum products (except from bulk liquid storage facilities).

Illustrative Examples:

Bottled liquid petroleum gas merchant wholesalers

Gasoline merchant wholesalers (except bulk stations, terminals)

Fuel oil merchant wholesalers (except bulk stations, terminals)

Lubricating oil and grease merchant wholesalers (except bulk stations, terminals)

Cross-References.

Business Examples

Common types of business activities within NAICS 424720 - Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals are:

  • Fueling aircraft (except on contract basis), merchant wholesalers
  • Gasohol merchant wholesalers (except bulk stations, terminals)
  • Butane gas merchant wholesalers (except bulk stations, terminals)
  • Asphalt, liquid, merchant wholesalers (except bulk stations, terminals)
  • Kerosene merchant wholesalers (except bulk stations, terminals)
  • Liquefied petroleum gas (LPG) merchant wholesalers (except bulk stations, terminals)
  • Fuel, aircraft, merchant wholesalers (except bulk stations, terminals)
  • Lubricating oils and greases merchant wholesalers (except bulk stations, terminals)
  • Petroleum and petroleum products merchant wholesalers (except bulk stations, terminals)
  • Crude oil merchant wholesalers (except bulk stations, terminals)
  • Petroleum coke merchant wholesalers
  • Oil, petroleum, merchant wholesalers (except bulk stations, terminals)
  • Gasoline merchant wholesalers (except bulk stations, terminals)
  • Propane merchant wholesalers (except bulk stations, terminals)
  • Fuel oil truck jobbers
  • Fuel oil merchant wholesalers (except bulk stations, terminals)
  • Diesel fuel merchant wholesalers (except bulk stations, terminals)
  • Asphalt binder merchant wholesalers (except bulk stations, terminals)

IBISWorld Industry Research Report

Gasoline & Petroleum Wholesaling in the US (42472)

Revenue 2025

$664.7bn

Growth 2025

0.09%

Key Trends

  • As oil prices have been volatile, industry operators have been able to maintain profitability

  • Petroleum product pricing directly affects consumption levels, and thus, industry performance

  • Renewed global economic growth will bolster petroleum consumption

Products and Services

Similar Industries

For some business types, there may be a similar industry to 424720 - Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals that is a better classification match. Establishments primarily engaged in:

NAICS Hierarchy 424720 - Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals

NAICS Code 424720 - Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals sits in the 2-digit Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals sector. NAICS codes can be 2- to 6-digits and the further along the hierarchy, the more detailed and specific the category will be. Learn more about the structure of NAICS codes

2 Digits: 42

Sector Title: Wholesale Trade

3 Digits 4 Digits 5 Digits 6 Digits

Can't find the NAICS Code you are looking for? Full NAICS Code Directory

Industry Research for Hundreds of NAICS Codes

Our analysts spend hours poring over statistics and trends so you don’t have to.

Learn More

Thousands of Clients use IBISWorld for Credible Industry Research on nearly every NAICS Code