Upstream vs Downstream in Oil and Fuel: Definitions, Variations and Examples


What are the upstream operations in crude oil and pure fuel?

Upstream refers back to the exploration and manufacturing of crude oil and pure fuel. An organization that’s exploring and extracting crude oil and pure fuel on land or offshore is within the upstream enterprise. Upstream operations usually require massive capital, and each exploratory endeavor is not any assure of success find crude oil and pure fuel.


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