01 / NAICS Market Profile
NAICS 424720 Petroleum And Petroleum Products Merchant Wholesalers (Except Bulk Stations And Terminals) Federal Contracts
North American Industry Classification System code 424720
Federal contract activity classified under Petroleum And Petroleum Products Merchant Wholesalers (Except Bulk Stations And Terminals) across FY 2020–FY 2026. Net obligations include both new obligations and subsequent deobligations.
02 / Market Size
How large is the NAICS 424720 federal market?
03 / Spending Trend
NAICS 424720 contract spending by fiscal year
Annual obligations, activity, and participation across the same FY 2020–FY 2026 profile window.
Latest closed fiscal year$63.00M
FY 2026| Fiscal year | Obligations | Actions | Vendors | Customers | Change |
|---|---|---|---|---|---|
| FY 2020 | $18.07M | 526 | 79 | 28 | — |
| FY 2021 | $6.02M | 192 | 59 | 24 | −66.7% |
| FY 2022 | $9.01M | 228 | 61 | 23 | +49.7% |
| FY 2023 | $9.08M | 204 | 49 | 22 | +0.8% |
| FY 2024 | $7.50M | 216 | 54 | 19 | −17.3% |
| FY 2025 | $6.31M | 155 | 43 | 20 | −15.9% |
| FY 2026 | $63.00M | 226 | 49 | 23 | +898.3% |
04 / Top Federal Customers
Which federal agencies buy most in this industry?
Ranked by net obligations during FY 2020–FY 2026.
| Federal customer | Code | Obligations | Actions | Vendors | Market share |
|---|---|---|---|---|---|
| ENERGY, DEPARTMENT OF | 8900 | $60.45M | 7 | 4 | 50.8% |
| DEPT OF THE AIR FORCE | 5700 | $21.02M | 56 | 18 | 17.7% |
| DEFENSE LOGISTICS AGENCY | 97AS | $8.18M | 314 | 6 | 6.9% |
| STATE, DEPARTMENT OF | 1900 | $7.34M | 323 | 19 | 6.2% |
| U.S. COAST GUARD | 7008 | $6.53M | 121 | 30 | 5.5% |
| U.S. MARSHALS SERVICE | 1544 | $2.60M | 92 | 3 | 2.2% |
| FEDERAL LAW ENFORCEMENT TRAINING CENTER | 7015 | $2.24M | 139 | 6 | 1.9% |
| SMITHSONIAN INSTITUTION | 3300 | $2.08M | 84 | 7 | 1.8% |
| UNITED STATES AGENCY FOR GLOBAL MEDIA, BBG | 9568 | $2.03M | 13 | 2 | 1.7% |
| FEDERAL EMERGENCY MANAGEMENT AGENCY | 7022 | $1.24M | 142 | 14 | 1.0% |
05 / Contracting Offices
Which contracting offices buy in NAICS 424720?
Ranked by net obligations during FY 2020–FY 2026.
| Office | Code | Agency | Obligations | Actions | Vendors | Market share |
|---|---|---|---|---|---|---|
| STRATEGIC PETROLEUM RESERVE | 892435 | ENERGY, DEPARTMENT OF | $60.45M | 6 | 3 | 50.8% |
| FA5209 374 CONS PK | FA5209 | DEPT OF THE AIR FORCE | $20.33M | 12 | 1 | 17.1% |
| DLA ENERGY | SPE605 | DEFENSE LOGISTICS AGENCY | $6.66M | 291 | 4 | 5.6% |
| LOG-9 | 70Z084 | U.S. COAST GUARD | $5.33M | 53 | 2 | 4.5% |
| JUSTICE PRISONER AIR TRANSPORTATION SYSTEM | 15M300 | U.S. MARSHALS SERVICE | $2.42M | 28 | 1 | 2.0% |
| FLETC GLYNCO PROCUREMENT OFFICE | 70LGLY | FEDERAL LAW ENFORCEMENT TRAINING CENTER | $1.70M | 83 | 2 | 1.4% |
| GERMANY A240/1240/3240/6240 | 95K000 | UNITED STATES AGENCY FOR GLOBAL MEDIA, BBG | $1.65M | 9 | 1 | 1.4% |
| DLA ENERGY | SP0600 | DEFENSE LOGISTICS AGENCY | $1.53M | 21 | 1 | 1.3% |
| SF OPERATIONS AND MAINTINANCE | 333129 | SMITHSONIAN INSTITUTION | $1.24M | 55 | 3 | 1.0% |
| U.S. EMBASSY ISLAMABAD | 19PK33 | STATE, DEPARTMENT OF | $1.11M | 20 | 1 | 0.9% |
06 / Top Vendors
Which contractors lead the NAICS 424720 market?
| Vendor | Obligations | Actions | Customers | Market share | Latest activity |
|---|---|---|---|---|---|
| TRAFIGURA TRADING LLC | $36.98M | 2 | 1 | 31.1% | Jun 5, 2026 |
| TOKYO GAS CO.,LTD. | $20.33M | 12 | 1 | 17.1% | Apr 1, 2026 |
| ENERGY TRANSFER CRUDE MARKETING LLC | $18.53M | 2 | 1 | 15.6% | Apr 20, 2026 |
| MISCELLANEOUS FOREIGN AWARDEES | $6.80M | 264 | 3 | 5.7% | Sep 30, 2026 |
| MORTON BAHAMAS LIMITED | $5.08M | 55 | 1 | 4.3% | Jan 27, 2026 |
| SHELL TRADING (US) COMPANY | $4.93M | 2 | 1 | 4.1% | Aug 18, 2020 |
| JX NIPPON OIL & ENERGY CORPORATION | $2.86M | 34 | 1 | 2.4% | Jul 20, 2020 |
| STANDARD PETROLEUM LOGISTICS, INC. | $2.54M | 80 | 3 | 2.1% | Sep 2, 2026 |
| EAGLE AVIATION RESOURCES, LTD. A LIMITED LIABILITY COMPANY | $2.42M | 28 | 1 | 2.0% | Feb 26, 2024 |
| RYUSEKI CORPORATION | $2.11M | 204 | 1 | 1.8% | Jun 8, 2020 |
07 / Product and Service Mix
What products and services are purchased under NAICS 424720?
| PSC | Description | Obligations | Actions | Vendors | Share |
|---|---|---|---|---|---|
| 9140 | FUEL OILS | $78.15M | 680 | 80 | 65.7% |
| 9130 | LIQUID PROPELLANTS AND FUELS, PETROLEUM BASE | $32.48M | 532 | 65 | 27.3% |
| M173 | OPERATION OF FUEL STORAGE BUILDINGS | $1.53M | 21 | 1 | 1.3% |
| 9150 | OILS AND GREASES: CUTTING, LUBRICATING, AND HYDRAULIC | $1.13M | 65 | 18 | 0.9% |
| S204 | HOUSEKEEPING- FUELING AND OTHER PETROLEUM | $1.00M | 98 | 13 | 0.8% |
| S111 | UTILITIES- GAS | $813.2K | 24 | 6 | 0.7% |
| 9110 | FUELS, SOLID | $669.6K | 80 | 11 | 0.6% |
| J091 | MAINT/REPAIR/REBUILD OF EQUIPMENT- FUELS, LUBRICANTS, OILS, AND WAXES | $541.8K | 6 | 3 | 0.5% |
| H391 | INSPECTION- FUELS, LUBRICANTS, OILS, AND WAXES | $504.1K | 10 | 1 | 0.4% |
| 2910 | ENGINE FUEL SYSTEM COMPONENTS, NONAIRCRAFT | $265.2K | 11 | 1 | 0.2% |
08 / Buying Pattern
How does the government buy in NAICS 424720?
| Common action type | Obligations | Actions |
|---|---|---|
| PURCHASE ORDER | $20.24M | 1,006 |
| DELIVERY ORDER | $27.55M | 426 |
| BPA CALL | $2.45M | 232 |
| DEFINITIVE CONTRACT | $68.74M | 83 |
09 / Recent Contract Awards
What was awarded most recently in NAICS 424720?
10 / Market Interpretation
How should contractors evaluate this market?
Start with the spending direction
Compare annual obligations with actions and vendor participation. Growth driven by only a few large actions represents a different opportunity from broad, recurring demand.
Follow the actual buyers
Move from federal customers to contracting offices. Offices reveal where acquisition responsibility and recurring purchasing activity are concentrated.
Measure accessible demand
Use competition, small-business participation, incumbent vendors, and PSC mix before treating the full $118.99M market as addressable.