upstream and downstream sectors

Upstream and downstream sectors are parts of the oil and gas industry. Upstream involves exploring and extracting crude oil and natural gas from the earth, including searching for deposits and drilling wells. Downstream includes refining the crude into usable products like gasoline, diesel, and jet fuel, as well as distributing and selling these products to consumers. Essentially, upstream is about finding and extracting energy resources, while downstream focuses on processing, marketing, and delivering finished products. Both sectors are essential for turning raw natural resources into the fuel and products we use daily.