NAICS Code 424720: Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals)
National industry
SBA small business size standard: 200 employees
Definition
This industry comprises establishments primarily engaged in the merchant wholesale distribution of petroleum and petroleum products (except from bulk liquid storage facilities).
Government contracts for this product: PSC 9140 Fuel Oils
Code facts
- Part of
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42
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424
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4247
- 42472
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4247
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424
-
42
- Contract awards
- 104 In the last 12 months
- Contract obligations
- $6,310,501 In FY2025
NAICS codes and definitions come from the U.S. Census Bureau, size standards from the SBA and contract spending from SAM.gov/FPDS.
Business activities under NAICS 424720
- Crude oil merchant wholesalers (except bulk stations, terminals)
- Fuel oil merchant wholesalers (except bulk stations, terminals)
- Fuel oil truck jobbers
- Fueling aircraft (except on contract basis)
- Gasoline merchant wholesalers (except bulk stations, terminals)
- Liquefied petroleum gas (LPG) merchant wholesalers (except bulk stations, terminals)
- Lubricating oils and greases merchant wholesalers (except bulk stations, terminals)
- Oil, petroleum, merchant wholesalers (except bulk stations, terminals)
- Petroleum and petroleum products merchant wholesalers (except bulk stations, terminals)
Looking for another activity? Search the NAICS code lookup or browse business activities from A to Z.
Contract obligations by fiscal year
| Fiscal year | Obligated |
|---|---|
| FY2027 To date | $655,164 |
| FY2026 | $65,135,348 |
| FY2025 | $6,310,501 |
| FY2024 | $7,517,483 |
| FY2023 | $9,078,650 |
Top contractors by obligations
| Rank | Contractor | Obligated, FY2026–FY2027 | Share |
|---|---|---|---|
| 1 | Trafigura Trading LLC | $36,981,906 | |
| 2 | Energy Transfer Crude Marketing LLC | $18,533,691 | |
| 3 |
Tokyo Gas Co., |
$2,838,903 | |
| 4 | TRC Government Services, LLC | $2,361,261 | |
| 5 | Dilss Petroleum LIMITED | $393,000 | |
| 6 | Standard Petroleum Logistics Inc. | $359,928 | |
| 7 | Jordan Modern Oil & Fuel Services LTD. CO. | $241,638 | |
| 8 | KVG LLC | $185,129 | |
| 9 | Bethamy, Inc. | $138,800 |
See the full FY2025 ranking of NAICS 424720 contractors, by parent company.
Top funding agencies by obligations
| Rank | Agency | Obligated, FY2026–FY2027 | Share |
|---|---|---|---|
| 1 | Department of Energy | $55,515,597 | |
| 2 | Department of State | $3,830,858 | |
| 3 | Department of the Army | $2,822,715 | |
| 4 | Defense Logistics Agency | $2,361,261 | |
| 5 | Department of Justice | $464,775 | |
| 6 | Department of the Navy | $287,128 | |
| 7 | Smithsonian Institution | $199,928 | |
| 8 | Department of Veterans Affairs | $153,576 | |
| 9 | Department of Homeland Security | $118,579 | |
| 10 | National Archives and Records Administration | $62,896 |
Top PSC codes by obligations
| Rank | PSC code | Obligated, FY2026–FY2027 | Share |
|---|---|---|---|
| 1 | 9140 Fuel Oils | $58,229,739 | |
| 2 | 9130 Liquid Propellants and Fuels, Petroleum Base | $3,966,522 | |
| 3 | M173 Operation of Fuel Storage Buildings | $2,361,261 | |
| 4 | 9150 Oils and Greases: Cutting, Lubricating, and Hydraulic | $377,263 | |
| 5 | S204 Fueling and Other Petroleum Services – Excluding Storage | $156,219 | |
| 6 |
H391 Inspection and Laboratory Services (except medical/ |
$138,800 | |
| 7 |
V231 Lodging – Hotel/ |
$111,786 | |
| 8 | 3655 Gas Generating and Dispensing Systems, Fixed or Mobile | $95,517 | |
| 9 | 2815 Diesel Engines and Components | $81,951 | |
| 10 | 2910 Engine Fuel System Components, Nonaircraft | $79,800 |
Contract obligations by state
| Rank | Place of performance | Obligated, last 12 months | Share |
|---|---|---|---|
| 1 | Kentucky | $2,361,261 | |
| 2 | Florida | $673,967 | |
| 3 | Maryland | $305,000 | |
| 4 | Virginia | $302,696 | |
| 5 | Colorado | $170,865 | |
| 6 | California | $139,442 | |
| 7 | Mississippi | $95,517 | |
| 8 | Wisconsin | $92,602 | |
| 9 | South Carolina | $60,743 | |
| 10 | Illinois | $56,096 | |
| 11 | New Mexico | $48,024 | |
| 12 | Guam | $29,580 | |
| 13 | Pennsylvania | $26,282 | |
| 14 | Washington | $24,550 | |
| 15 | Oregon | $20,671 | |
| 16 | Louisiana | $16,799 | |
| 17 | Georgia | $12,835 | |
| 18 | Minnesota | $11,104 | |
| 19 | North Carolina | $2,466 |
Show all 19
Shares are of everything obligated under NAICS 424720 in the last 12 months before deobligations, including work performed abroad or with no place of performance on record.
Contract opportunities
Show 40 more
Latest 50 of 1,227 listed here. See the rest on GovTribe.
Size standard history
Federal Register rules that named this code
From the NAICS codes each rule's amendments to 13 CFR 121.201 name. Rules that print their size standard tables as images aren't listed.
Quick answers
What is NAICS 424720?
NAICS 424720 is Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals), a national industry in NAICS 42, Wholesale Trade.
What is the NAICS code for fuel oil truck jobbers?
The NAICS code for fuel oil truck jobbers is 424720, Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals).
What is the NAICS code for fueling aircraft (except on contract basis)?
The NAICS code for fueling aircraft (except on contract basis) is 424720, Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals).
What is the NAICS code for gasoline merchant wholesalers (except bulk stations, terminals)?
The NAICS code for gasoline merchant wholesalers (except bulk stations, terminals) is 424720, Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals).
When did the size standard for NAICS 424720 last change?
The most recent Federal Register rule on record that names NAICS 424720 in the SBA's size standards is "Small Business Size Standards: Employee Based Size Standards in Wholesale Trade and Retail Trade" (81 FR 3941), published Jan 25, 2016 and effective Feb 26, 2016.
How much do federal agencies spend under NAICS 424720?
Federal contracts under NAICS 424720 obligated $6,310,501 in fiscal year 2025 and $88,697,145 in fiscal years 2023 through 2027.
Who are the largest contractors under NAICS 424720?
The contractors with the most obligated under NAICS 424720 in fiscal years 2026 and 2027 are Trafigura Trading LLC ($36,981,906); Energy Transfer Crude Marketing LLC ($18,533,691); and Tokyo Gas Co.,Ltd. ($2,838,903).
Which agencies buy the most under NAICS 424720?
The agencies that obligated the most under NAICS 424720 in fiscal years 2026 and 2027 are Department of Energy ($55,515,597), Department of State ($3,830,858) and Department of the Army ($2,822,715).
Which PSC codes are used with NAICS 424720?
The PSC codes with the most obligated under NAICS 424720 in fiscal years 2026 and 2027 are 9140 Fuel Oils; 9130 Liquid Propellants and Fuels, Petroleum Base; and M173 Operation of Fuel Storage Buildings.
Where is the work under NAICS 424720 performed?
By place of performance, the states with the most contract obligations under NAICS 424720 over the last 12 months are Kentucky ($2,361,261), Florida ($673,967) and Maryland ($305,000).
What is the latest contract opportunity under NAICS 424720?
The latest contract opportunity under NAICS 424720 is EUR/
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