What Is Meant by Upstream and Downstream Supply Chain?

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The difference between upstream oil production and downstream refined fuels delivery is important. If your company is only concerned with downstream operations, do you need to understand the entire supply chain fully? Yes! You know that your processes do not exist in a vacuum. The actions in upstream oil and gas ripple throughout the industry and affect downstream refined fuel production.

What is the Breakdown of the Price of a Barrel of Crude Oil?

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When it comes to the average consumer, the market price of a barrel of crude oil is no more than a vague indication of rising or falling gas prices. But for those who are involved in the oil and gas industry, oil prices have great significance: they directly impact our bottom lines.

From Complexity to Simplicity

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Learn how fuel traders and buyers are leveraging APIs to create business efficiencies and increase revenue by reducing the friction within their internal processes and workflows.

Gasoline Gross vs. Net Temperature

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In a competitive industry like oil and gas, understanding the impact even seemingly minor factors have on your profits is crucial. Incorporating advancements into your business operations to counter the effects of these factors is essential. In addition to dynamic pricing, advanced analytics, and market trends, something else can be easily overlooked but can make a substantial difference in profits: gross vs. net temperature. 

Who Are The Players In The Downstream Fuel Supply Chain And What Is Their Role?

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The oil and gas industry is one of the most complex industries in the world. It makes sense, therefore, that the oil and gas supply chain is equally complex. With so many different players in the industry, oil and gas companies are constantly working to innovate the supply chain. Companies want each piece to be more efficient for them as well as better for their customers at every stage of the process. 

What Affects the Profit Margin of Gasoline?

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As businesses continue to look for ways to increase profitability, it stands to reason that they will take a look at their profit margins. While total sales and revenues are important to understand, profit margin is one of the best ways to get a clear picture of the financial health of your business.