Industries › NAICS 424720
Industry · NAICS 424720 · sector 42 Wholesale trade
Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals)
Federal contract obligations classified under NAICS 424720, the organisations that win them and the agencies that award them.
USAspending caveat. Figures are obligations reported by federal agencies to USAspending.gov, not payments. In USAspending's words: "An outlay occurs when federal money is actually paid out, not just promised to be paid ('obligated')." "Every agency has a Senior Accountable Official who must officially certify that the quarterly financial data submitted by their agency is accurate and complete." "If there are any discrepancies in procurement data, FPDS is the authoritative source." Contract data for the Department of Defense and the U.S. Army Corps of Engineers is published with a 90-day delay. Data loaded 30 Sep 2026.
Federal agencies obligated $63M in contracts classified under NAICS 424720, Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals), in FY2026, and $86M over the five fiscal years since FY2023; the industry ranks 444 of 526 on this site.
Obligations were up 900% on FY2025 ($6.3M), with $0 so far in FY2027.
The largest recipient organisations by the value of $1.0M-plus awards since FY2023 were Trafigura Trading LLC ($37M), Energy Transfer Crude Marketing LLC ($19M) and Tokyo Gas Co.,ltd. ($14M).
By place of performance, the most money went to TX.
Contract obligations by fiscal year
Compared with the largest industry FY2026
| Measure | This industry | Aircraft Manufacturing | All contracts |
|---|---|---|---|
| Contract obligations, FY2026 | $63M | $45B | $716B |
| Five-year total | $86M | $211B | $3.0T |
| Share of all contract obligations, five years | 0% | 7.1% | 100% |
Top contractors $1.0M+ award value since FY2023
| # | Organisation | Awards | Award value |
|---|---|---|---|
| 1 | Trafigura Trading LLC | 1 | $37M |
| 2 | Energy Transfer Crude Marketing LLC | 1 | $19M |
| 3 | Tokyo Gas Co.,ltd. | 8 | $14M |
Buying agencies $1.0M+ awards
Where the work is performed
Largest awards since FY2023
| Recipient | Awarding agency | Type | Award value | Begun | Place | Record |
|---|---|---|---|---|---|---|
| Trafigura Trading LLC | Department of Energy | ContractDefinitive Contract | $37M | 12 Nov 2025 | TX | USAspending |
| Energy Transfer Crude Marketing LLC | Department of Energy | ContractDefinitive Contract | $19M | 12 Nov 2025 | TX | USAspending |
| Tokyo Gas Co.,ltd. | Department of DefenseDepartment of the Air Force | ContractDelivery Order | $3.2M | 1 Oct 2022 | — | USAspending |
| Tokyo Gas Co.,ltd. | Department of DefenseDepartment of the Air Force | ContractDelivery Order | $1.8M | 1 Oct 2024 | — | USAspending |
| Tokyo Gas Co.,ltd. | Department of DefenseDepartment of the Air Force | ContractDelivery Order | $1.7M | 1 Oct 2023 | — | USAspending |
| Tokyo Gas Co.,ltd. | Department of DefenseDepartment of the Air Force | ContractDelivery Order | $1.5M | 1 Apr 2025 | — | USAspending |
| Tokyo Gas Co.,ltd. | Department of DefenseDepartment of the Air Force | ContractDelivery Order | $1.4M | 1 Apr 2026 | — | USAspending |
| Tokyo Gas Co.,ltd. | Department of DefenseDepartment of the Air Force | ContractDelivery Order | $1.4M | 1 Oct 2025 | — | USAspending |
| Tokyo Gas Co.,ltd. | Department of DefenseDepartment of the Air Force | ContractDelivery Order | $1.4M | 1 Apr 2024 | — | USAspending |
| Tokyo Gas Co.,ltd. | Department of DefenseDepartment of the Air Force | ContractDelivery Order | $1.3M | 1 Apr 2023 | — | USAspending |
Other industries in sector 42: Wholesale trade
- 423850 Service Establishment Equipment and Supplies Merchant Wholesalers $15B
- 424210 Drugs and Druggists' Sundries Merchant Wholesalers $9.2B
- 423450 Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers $8.7B
- 423610 Electrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant Wholesalers $1.6B
- 423940 Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers $607M
- 424320 Men's and Boys' Clothing and Furnishings Merchant Wholesalers $504M
- 423430 Computer and Computer Peripheral Equipment and Software Merchant Wholesalers $348M
- 425120 Wholesale Trade Agents and Brokers $167M
- 423110 Automobile and Other Motor Vehicle Merchant Wholesalers $68M
- 423830 Industrial Machinery and Equipment Merchant Wholesalers $63M
- 423490 Other Professional Equipment and Supplies Merchant Wholesalers $53M
- 423860 Transportation Equipment and Supplies (except Motor Vehicle) Merchant Wholesalers $48M
Questions and answers
How much does the federal government spend on NAICS 424720?
$63M in contract obligations classified under Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals) in FY2026, $86M over the five fiscal years since FY2023. Obligations are commitments, not payments.
Who are the top contractors in Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals)?
Trafigura Trading LLC ($37M), Energy Transfer Crude Marketing LLC ($19M), Tokyo Gas Co.,ltd. ($14M), by the value of $1M-plus awards since FY2023.
Which agencies buy in this industry?
By the value of $1.0M-plus contracts since FY2023: Department of Energy ($56M), Department of Defense ($14M).
What is a NAICS code?
In USAspending's words: "NAICS stands for the North American Industrial Classification System. This 6-digit code tells you what industry the work falls into. Each contract record has a NAICS code." Assistance awards (grants, loans, direct payments) carry no NAICS code and are not counted here.
Provenance
Source: USAspending.gov API v2, spending by category (NAICS) by fiscal year, recipient cross-tabulation for FY2022–FY2025 and award search, loaded 30 Sep 2026. State figures come from each state's top-100 NAICS list, so small amounts in a state may be missing. See methodology.