downstream oil and gas industry

The downstream oil and gas industry refers to the final stages of oil and gas production, where crude oil and natural gas are processed, refined, and distributed. This includes refining crude oil into products like gasoline, diesel, and other petrochemicals. It also encompasses the marketing and sale of these products to consumers, operated through gas stations and distribution networks. Essentially, the downstream sector focuses on bringing fuel and related products to end-users, playing a crucial role in the energy supply chain and influencing everyday life and transportation.