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Petroleum Industry Stocks List

Symbol Grade Name % Change
AXAS D Abraxas Petroleum Corporation 1.55
BKEP B Blueknight Energy Partners L.P., L.L.C. 1.33
BKEPP A Blueknight Energy Partners L.P., L.L.C. - Series A Preferred Units -0.70
DAKT A Daktronics, Inc. 2.77
GIFI C Gulf Island Fabrication, Inc. -1.49
GLNG B Golar LNG Limited 2.75
MARPS C Marine Petroleum Trust - Units of Beneficial Interest 4.90
MMLP C Martin Midstream Partners L.P. - -3.73
MTRX B Matrix Service Company 5.53
PDCE B PDC Energy, Inc. 4.56
PNRG D PrimeEnergy Corporation 2.56
RCON D Recon Technology, Ltd. 4.13
AE B Adams Resources & Energy, Inc. 2.06
APA B Apache Corporation -1.06
AZZ A AZZ Incorporated 2.49
BKR A Baker Hughes Company 2.04
BP B BP p.l.c. 0.70
BPT C BP Prudhoe Bay Royalty Trust -7.14
CLB A Core Laboratories N.V. 3.66
CLR B Continental Resources, Inc. 3.64
COP B ConocoPhillips 1.15
CRT C Cross Timbers Royalty Trust -0.79
CVE B Cenovus Energy Inc 0.27
CVX A Chevron Corporation 2.05
DK C Delek US Holdings, Inc. -2.77
DKL C Delek Logistics Partners, L.P. 1.52
DRQ B Dril-Quip, Inc. 6.60
DVN A Devon Energy Corporation 3.99
ENB C Enbridge Inc 2.78
EPD B Enterprise Products Partners L.P. 4.97
EQT B EQT Corporation 3.65
FET A Forum Energy Technologies, Inc. 6.42
FI A Frank's International N.V. 19.43
FTI D FMC Technologies, Inc. 2.43
FTK C Flotek Industries, Inc. 0.89
GEL B Genesis Energy, L.P. 9.38
HAL A Halliburton Company 5.41
HEP B Holly Energy Partners, L.P. 2.61
HES B Hess Corporation 0.00
HFC B HollyFrontier Corporation 0.79
HLX B Helix Energy Solutions Group, Inc. 7.55
HP B Helmerich & Payne, Inc. 4.21
IMO B Imperial Oil Limited 0.41
KMI C Kinder Morgan, Inc. 2.31
MCF B Contango Oil & Gas Company 3.90
MMP D Magellan Midstream Partners L.P. Limited Partnership 3.12
MPC A Marathon Petroleum Corporation 2.71
MPLX A MPLX LP 4.96
MRO B Marathon Oil Corporation 0.90
MTR C Mesa Royalty Trust -0.61
NBR A Nabors Industries Ltd. 6.17
NOA B North American Energy Partners, Inc. 0.92
NOG B Northern Oil and Gas, Inc. -1.13
NOV B National Oilwell Varco, Inc. 3.58
NS B Nustar Energy L.P. 3.80
NSS B NuStar Logistics, L.P. 7.625% Fixed-to-Floating Rate Subordinated Notes due 2043 -0.57
OII A Oceaneering International, Inc. 8.73
OIS A Oil States International, Inc. 8.87
OXY B Occidental Petroleum Corporation 3.87
PAA D Plains All American Pipeline, L.P. 7.11
PBA D Pembina Pipeline Corp. 2.72
PBR.A F Petroleo Brasileiro S.A.- Petrobras -1.27
PDS C Precision Drilling Corporation 0.65
PSX B Phillips 66 1.99
PSXP F Phillips 66 Partners LP 4.84
PTR B PetroChina Company Limited 1.48
PXE A PowerShares Dynamic Energy E&P 1.86
PXJ A PowerShares Dynamic Oil Services 4.76
RDS.B B Royal Dutch Shell PLC Royal Dutch Shell PLC Class B -0.05
RES A RPC, Inc. 1.57
SLB B Schlumberger N.V. 2.90
SU B Suncor Energy Inc. 1.91
SUN B Sunoco LP 2.65
SZC C Cushing Renaissance Fund (The) 2.95
TECK C Teck Resources Ltd 1.06
TDW C Tidewater Inc. 3.05
TGC C Tengasco, Inc. 0.00
TK C Teekay Corporation -1.26
TRGP B Targa Resources, Inc. 3.65
TTP C Tortoise Pipeline & Energy Fund, Inc. 1.51
USAC D USA Compression Partners, LP 0.21
VLO A Valero Energy Corporation 1.07
VOC C VOC Energy Trust Units of Beneficial Interest 0.17
WES A Western Gas Partners, LP Limited Partner Interests 9.86
WLL B Whiting Petroleum Corporation -0.96
WTI B W&T Offshore, Inc. 0.30
YPF F YPF Sociedad Anonima -3.93
RDS.A B Royal Dutch Shell PLC Class A -0.05
CEQP A Crestwood Equity Partners LP 5.28
ENLC C EnLink Midstream, LLC 9.35
ENBL B Enable Midstream Partners, LP 3.78
DNOW A NOW Inc. 4.14
PARR A Par Petroleum Corporation. 6.00
USDP C USD Partners LP 3.92
CRAK A Market Vectors Oil Refiners ETF 2.16
DCP A DCP Midstream, LP 9.42
HESM A Hess Midstream Partners LP 7.30
ALTM C Altus Midstream Company -2.49
SOI B Solaris Oilfield Infrastructure, Inc. 2.03
SMHI C SEACOR Marine Holdings Inc. 5.56
SNMP C Sanchez Midstream Partners LP 4.35
OMP A Oasis Midstream Partners LP 4.28
BPMP D BP Midstream Partners LP 2.54
NINE D Nine Energy Service, Inc. -3.53
WHD A Cactus, Inc. 7.88
ENBA A Enbridge Inc 6.375% Fixed-to-Floating Rate Subordinated Notes Series 2018-B due 2078 0.41
SJIU B South Jersey Industries, Inc. 1.70
ETRN F Equitrans Midstream Corporation 3.73
RTLR B Rattler Midstream LP 2.27
BORR D Borr Drilling Limited -4.07
NEX A NexTier Oilfield Solutions Inc. 7.53
ALUS D Alussa Energy Acquisition Corp. -0.91
XOG F Extraction Oil & Gas, Inc. 0.15
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Related Industries: Asset Management Computer Systems Diversified Industrials Industrial Metals & Minerals Oil & Gas Drilling Oil & Gas E&P Oil & Gas Equipment & Services Oil & Gas Integrated Oil & Gas Midstream Oil & Gas Pipelines Oil & Gas Refining & Marketing Other Railroads Shell Companies Shipping & Ports
Related Stock Lists: Natural Gas Crude Oil Midstream Petroleum Petroleum Production Natural Gas Liquids Oil And Gas Refined Products Oil Storage Petroleum Products Petroleum Transport Oil Wells Oil Pipeline Crude Oil Pipeline Gas Exploration Oil And Gas Industry Mining Offshore Drilling Pipeline Transport Gas Gathering

Related ETFs - A few ETFs which own one or more of the above listed Petroleum Industry stocks.

Symbol Grade Name Weight
AMZA B InfraCap MLP ETF 111.94
AMUB B ETRACS Alerian MLP Index ETN Series B due July 18, 2042 76.65
MLPB B ETRACS Alerian MLP Infrastructure Index ETN Series B due April 2, 2040 76.15
AMLP B Alerian MLP ETF 74.91
MLPA B Global X MLP ETF 74.8
View all Petroleum Industry related ETFs...
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    • Recent Signals

    Date Stock Signal Type
    2021-03-01 AE Non-ADX 1,2,3,4 Bullish Bullish Swing Setup
    2021-03-01 AE Pocket Pivot Bullish Swing Setup
    2021-03-01 ALTM Doji - Bullish? Reversal
    2021-03-01 ALTM Volume Surge Other
    2021-03-01 ALTM Bollinger Band Squeeze Range Contraction
    2021-03-01 ALTM New Downtrend Bearish
    2021-03-01 ALTM 50 DMA Support Bullish
    2021-03-01 ALTM Non-ADX 1,2,3,4 Bullish Bullish Swing Setup
    2021-03-01 ALUS 180 Bearish Setup Bearish Swing Setup
    2021-03-01 ALUS MACD Bearish Centerline Cross Bearish
    2021-03-01 ALUS 50 DMA Resistance Bearish
    2021-03-01 AXAS 1,2,3 Pullback Bullish Bullish Swing Setup
    2021-03-01 AXAS Non-ADX 1,2,3,4 Bullish Bullish Swing Setup
    2021-03-01 BKEP NR7-2 Range Contraction
    2021-03-01 BKEP Narrow Range Bar Range Contraction
    2021-03-01 BKEP Non-ADX 1,2,3,4 Bullish Bullish Swing Setup
    2021-03-01 BKEP 1,2,3 Pullback Bullish Bullish Swing Setup
    2021-03-01 BKEP NR7 Range Contraction
    2021-03-01 BKEPP Narrow Range Bar Range Contraction
    2021-03-01 BKEPP 1,2,3 Retracement Bearish Bearish Swing Setup
    2021-03-01 BKEPP Boomer Sell Setup Bearish Swing Setup
    2021-03-01 BKEPP Stochastic Sell Signal Bearish
    2021-03-01 BKR Pocket Pivot Bullish Swing Setup
    2021-03-01 BORR Fell Below 20 DMA Bearish
    2021-03-01 BORR Non-ADX 1,2,3,4 Bullish Bullish Swing Setup
    2021-03-01 BORR 1,2,3 Pullback Bullish Bullish Swing Setup
    2021-03-01 BORR NR7 Range Contraction
    2021-03-01 BPMP 50 DMA Resistance Bearish
    2021-03-01 BPT Fell Below 20 DMA Bearish
    2021-03-01 BPT MACD Bearish Signal Line Cross Bearish
    2021-03-01 CEQP Pocket Pivot Bullish Swing Setup
    2021-03-01 CEQP New 52 Week Closing High Bullish
    2021-03-01 CEQP Upper Bollinger Band Walk Strength
    2021-03-01 CEQP MACD Bullish Signal Line Cross Bullish
    2021-03-01 CLB New 52 Week Closing High Bullish
    2021-03-01 CLB Bollinger Band Squeeze Range Contraction
    2021-03-01 CLB Pocket Pivot Bullish Swing Setup
    2021-03-01 CRAK NR7 Range Contraction
    2021-03-01 CRT Non-ADX 1,2,3,4 Bullish Bullish Swing Setup
    2021-03-01 DAKT MACD Bullish Signal Line Cross Bullish
    2021-03-01 DAKT New 52 Week High Strength
    2021-03-01 DAKT New 52 Week Closing High Bullish
    2021-03-01 DCP Bollinger Band Squeeze Range Contraction
    2021-03-01 DCP New 52 Week Closing High Bullish
    2021-03-01 DKL Non-ADX 1,2,3,4 Bullish Bullish Swing Setup
    2021-03-01 DKL Calm After Storm Range Contraction
    2021-03-01 DNOW New 52 Week Closing High Bullish
    2021-03-01 DNOW NR7 Range Contraction
    2021-03-01 DVN New 52 Week Closing High Bullish
    2021-03-01 ENB 20 DMA Resistance Bearish
    2021-03-01 ENB Crossed Above 50 DMA Bullish
    2021-03-01 ENLC Crossed Above 50 DMA Bullish
    2021-03-01 EPD Crossed Above 20 DMA Bullish
    2021-03-01 EPD Bollinger Band Squeeze Range Contraction
    2021-03-01 EPD MACD Bullish Signal Line Cross Bullish
    2021-03-01 EPD 180 Bullish Setup Bullish Swing Setup
    2021-03-01 EPD Pocket Pivot Bullish Swing Setup
    2021-03-01 ETRN 50 DMA Resistance Bearish
    2021-03-01 ETRN Bollinger Band Squeeze Range Contraction
    2021-03-01 FET New 52 Week Closing High Bullish
    2021-03-01 FET New 52 Week High Strength
    2021-03-01 FET Pocket Pivot Bullish Swing Setup
    2021-03-01 FI New 52 Week High Strength
    2021-03-01 FI New 52 Week Closing High Bullish
    2021-03-01 FI Upper Bollinger Band Walk Strength
    2021-03-01 FI Pocket Pivot Bullish Swing Setup
    2021-03-01 FI Wide Range Bar Range Expansion
    2021-03-01 FTI 200 DMA Support Bullish
    2021-03-01 FTI Narrow Range Bar Range Contraction
    2021-03-01 FTI Non-ADX 1,2,3,4 Bearish Bearish Swing Setup
    2021-03-01 FTK 20 DMA Resistance Bearish
    2021-03-01 FTK NR7 Range Contraction
    2021-03-01 GEL Upper Bollinger Band Walk Strength
    2021-03-01 GEL 180 Bullish Setup Bullish Swing Setup
    2021-03-01 GEL Pocket Pivot Bullish Swing Setup
    2021-03-01 GEL Stochastic Reached Overbought Strength
    2021-03-01 GIFI NR7 Range Contraction
    2021-03-01 GIFI Stochastic Reached Oversold Weakness
    2021-03-01 GIFI Non-ADX 1,2,3,4 Bullish Bullish Swing Setup
    2021-03-01 GLNG Crossed Above 20 DMA Bullish
    2021-03-01 GLNG Bollinger Band Squeeze Range Contraction
    2021-03-01 GLNG Pocket Pivot Bullish Swing Setup
    2021-03-01 HAL Upper Bollinger Band Walk Strength
    2021-03-01 HAL New 52 Week High Strength
    2021-03-01 HAL New 52 Week Closing High Bullish
    2021-03-01 HEP Upper Bollinger Band Walk Strength
    2021-03-01 HEP New Uptrend Bullish
    2021-03-01 HES NR7 Range Contraction
    2021-03-01 HESM Bollinger Band Squeeze Range Contraction
    2021-03-01 HESM Crossed Above 20 DMA Bullish
    2021-03-01 HESM Crossed Above 50 DMA Bullish
    2021-03-01 HESM 180 Bullish Setup Bullish Swing Setup
    2021-03-01 HESM Expansion Pivot Buy Setup Bullish Swing Setup
    2021-03-01 HP Upper Bollinger Band Walk Strength
    2021-03-01 HP NR7 Range Contraction
    2021-03-01 IMO NR7 Range Contraction
    2021-03-01 IMO Calm After Storm Range Contraction
    2021-03-01 KMI Crossed Above 20 DMA Bullish
    2021-03-01 KMI Non-ADX 1,2,3,4 Bullish Bullish Swing Setup
    2021-03-01 MARPS NR7-2 Range Contraction
    2021-03-01 MARPS NR7 Range Contraction
    2021-03-01 MARPS 20 DMA Resistance Bearish
    2021-03-01 MARPS Narrow Range Bar Range Contraction
    2021-03-01 MMLP Calm After Storm Range Contraction
    2021-03-01 MMP Crossed Above 20 DMA Bullish
    2021-03-01 MPLX Crossed Above 20 DMA Bullish
    2021-03-01 MPLX Bollinger Band Squeeze Range Contraction
    2021-03-01 MPLX Morning Star Bullish
    2021-03-01 MPLX Pocket Pivot Bullish Swing Setup
    2021-03-01 MTR Golden Cross Bullish
    2021-03-01 MTR Narrow Range Bar Range Contraction
    2021-03-01 MTRX Upper Bollinger Band Walk Strength
    2021-03-01 NBR Upper Bollinger Band Walk Strength
    2021-03-01 NBR New 52 Week Closing High Bullish
    2021-03-01 NBR New 52 Week High Strength
    2021-03-01 NEX Upper Bollinger Band Walk Strength
    2021-03-01 NEX New 52 Week Closing High Bullish
    2021-03-01 NEX New 52 Week High Strength
    2021-03-01 NS Pocket Pivot Bullish Swing Setup
    2021-03-01 NS Upper Bollinger Band Walk Strength
    2021-03-01 NSS Bollinger Band Squeeze Range Contraction
    2021-03-01 NSS Non-ADX 1,2,3,4 Bullish Bullish Swing Setup
    2021-03-01 OII Calm After Storm Range Contraction
    2021-03-01 OII Upper Bollinger Band Walk Strength
    2021-03-01 OII New Uptrend Bullish
    2021-03-01 OII New 52 Week Closing High Bullish
    2021-03-01 OII New 52 Week High Strength
    2021-03-01 OIS Upper Bollinger Band Walk Strength
    2021-03-01 OIS Stochastic Reached Overbought Strength
    2021-03-01 OIS New 52 Week Closing High Bullish
    2021-03-01 OMP Pocket Pivot Bullish Swing Setup
    2021-03-01 OMP New 52 Week Closing High Bullish
    2021-03-01 OMP New 52 Week High Strength
    2021-03-01 OMP Upper Bollinger Band Walk Strength
    2021-03-01 PAA 180 Bullish Setup Bullish Swing Setup
    2021-03-01 PAA Crossed Above 20 DMA Bullish
    2021-03-01 PAA Crossed Above 50 DMA Bullish
    2021-03-01 PAA Pocket Pivot Bullish Swing Setup
    2021-03-01 PARR New Uptrend Bullish
    2021-03-01 PARR New 52 Week Closing High Bullish
    2021-03-01 PARR New 52 Week High Strength
    2021-03-01 PARR Calm After Storm Range Contraction
    2021-03-01 PBA 50 DMA Resistance Bearish
    2021-03-01 PBA MACD Bearish Centerline Cross Bearish
    2021-03-01 PBA Calm After Storm Range Contraction
    2021-03-01 PBR.A Calm After Storm Range Contraction
    2021-03-01 PDCE Calm After Storm Range Contraction
    2021-03-01 PDCE Upper Bollinger Band Walk Strength
    2021-03-01 PDCE New 52 Week Closing High Bullish
    2021-03-01 PDS 20 DMA Resistance Bearish
    2021-03-01 PNRG Stochastic Reached Oversold Weakness
    2021-03-01 PNRG Narrow Range Bar Range Contraction
    2021-03-01 PSX NR7 Range Contraction
    2021-03-01 PSXP Pocket Pivot Bullish Swing Setup
    2021-03-01 PSXP MACD Bullish Centerline Cross Bullish
    2021-03-01 PSXP Crossed Above 50 DMA Bullish
    2021-03-01 PTR NR7 Range Contraction
    2021-03-01 PTR Calm After Storm Range Contraction
    2021-03-01 PXE Calm After Storm Range Contraction
    2021-03-01 PXJ Upper Bollinger Band Walk Strength
    2021-03-01 PXJ New 52 Week Closing High Bullish
    2021-03-01 RCON NR7 Range Contraction
    2021-03-01 RCON NR7-2 Range Contraction
    2021-03-01 RCON Narrow Range Bar Range Contraction
    2021-03-01 RES New 52 Week Closing High Bullish
    2021-03-01 RES New 52 Week High Strength
    2021-03-01 RES Pocket Pivot Bullish Swing Setup
    2021-03-01 RES Upper Bollinger Band Walk Strength
    2021-03-01 RTLR Upper Bollinger Band Walk Strength
    2021-03-01 RTLR Pocket Pivot Bullish Swing Setup
    2021-03-01 RTLR New Uptrend Bullish
    2021-03-01 SJIU Upper Bollinger Band Walk Strength
    2021-03-01 SLB NR7 Range Contraction
    2021-03-01 SMHI Spinning Top Other
    2021-03-01 SOI New 52 Week High Strength
    2021-03-01 SOI Pocket Pivot Bullish Swing Setup
    2021-03-01 SZC New Uptrend Bullish
    2021-03-01 SZC 20 DMA Resistance Bearish
    2021-03-01 TECK NR7 Range Contraction
    2021-03-01 TECK Non-ADX 1,2,3,4 Bullish Bullish Swing Setup
    2021-03-01 TK Fell Below 20 DMA Bearish
    2021-03-01 TK Non-ADX 1,2,3,4 Bullish Bullish Swing Setup
    2021-03-01 TRGP Bollinger Band Squeeze Range Contraction
    2021-03-01 USAC 20 DMA Resistance Bearish
    2021-03-01 USAC 50 DMA Resistance Bearish
    2021-03-01 USDP Pocket Pivot Bullish Swing Setup
    2021-03-01 USDP 20 DMA Resistance Bearish
    2021-03-01 VLO NR7 Range Contraction
    2021-03-01 VOC Non-ADX 1,2,3,4 Bullish Bullish Swing Setup
    2021-03-01 VOC NR7 Range Contraction
    2021-03-01 VOC Narrow Range Bar Range Contraction
    2021-03-01 WES New 52 Week Closing High Bullish
    2021-03-01 WES New 52 Week High Strength
    2021-03-01 WHD Upper Bollinger Band Walk Strength
    2021-03-01 WHD New 52 Week Closing High Bullish
    2021-03-01 YPF 20 DMA Resistance Bearish
    2021-03-01 YPF MACD Bearish Centerline Cross Bearish
    2021-03-01 YPF 50 DMA Resistance Bearish

    Recent News for Petroleum Industry Stocks

    Date Stock Title
    Mar 1 NOG Northern Oil and Gas, Inc. Announces Fourth Quarter and Year-End 2020 Earnings Release and Conference Call
    Mar 1 EPD Why Enterprise Products Partners Jumped 5.1% on Monday
    Mar 1 ALTM Apache Corporation and APA Corporation Announce Completion of New Holding Company Structure
    Mar 1 APA Apache Corporation and APA Corporation Announce Completion of New Holding Company Structure
    Mar 1 CVX Elfun Trusts Buys 3 Stocks, Sells Out of 2 Others
    Mar 1 BKEPP Blueknight Closes Sale of Crude Oil Terminalling Business and Completes Transition to Pure-Play Infrastructure Terminalling Company
    Mar 1 BKEP Blueknight Closes Sale of Crude Oil Terminalling Business and Completes Transition to Pure-Play Infrastructure Terminalling Company
    Mar 1 PARR Par Pacific Management to Participate in March Investor Conferences
    Mar 1 DK Delek US Holdings Names Todd O'Malley EVP and Chief Commercial Officer
    Mar 1 DKL Delek US Holdings Names Todd O'Malley EVP and Chief Commercial Officer
    Mar 1 GEL 2020 K-1 Tax Packages for Genesis Energy, L.P.
    Mar 1 DK Delek Comments on CVR Energy Letter
    Mar 1 DKL Delek Comments on CVR Energy Letter
    Mar 1 GEL Genesis Energy, L.P. Files Form 10-K
    Mar 1 RDS.B CERAWEEK-Return of business travel, sustainable fuels expected in aviation's future
    Mar 1 RDS.A CERAWEEK-Return of business travel, sustainable fuels expected in aviation's future
    Mar 1 PAA Plains All American Pipeline appoints Jeremy Goebel as EVP, CCO
    Mar 1 APA The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of CLSK, AZN and APA
    Mar 1 NS NuStar Energy L.P.’s 2020 Schedule K-1 Tax Packages Now Available
    Mar 1 CVE Cenovus provides Series 1 and Series 2 First Preferred Shares conversion privilege notice, Series 1 and Series 2 First Preferred Shares dividend rate notice
    Related Industries: Asset Management Computer Systems Diversified Industrials Industrial Metals & Minerals Oil & Gas Drilling Oil & Gas E&P Oil & Gas Equipment & Services Oil & Gas Integrated Oil & Gas Midstream Oil & Gas Pipelines Oil & Gas Refining & Marketing Other Railroads Shell Companies Shipping & Ports
    Related Stock Lists: Natural Gas Crude Oil Midstream Petroleum Petroleum Production Natural Gas Liquids Oil And Gas Refined Products Oil Storage Petroleum Products Petroleum Transport Oil Wells Oil Pipeline Crude Oil Pipeline Gas Exploration Oil And Gas Industry Mining Offshore Drilling Pipeline Transport Gas Gathering

    The petroleum industry, also known as the oil industry or the oil patch, includes the global processes of exploration, extraction, refining, transporting (often by oil tankers and pipelines), and marketing of petroleum products. The largest volume products of the industry are fuel oil and gasoline (petrol). Petroleum (oil) is also the raw material for many chemical products, including pharmaceuticals, solvents, fertilizers, pesticides, synthetic fragrances, and plastics. The extreme monetary value of oil and its products has led to it being known as "black gold". The industry is usually divided into three major components: upstream, midstream, and downstream.
    Petroleum is vital to many industries, and is necessary for the maintenance of industrial civilization in its current configuration, making it a critical concern for many nations. Oil accounts for a large percentage of the world’s energy consumption, ranging from a low of 32% for Europe and Asia, to a high of 53% for the Middle East.
    Other geographic regions' consumption patterns are as follows: South and Central America (44%), Africa (41%), and North America (40%). The world consumes 30 billion barrels (4.8 km³) of oil per year, with developed nations being the largest consumers. The United States consumed 25% of the oil produced in 2007. The production, distribution, refining, and retailing of petroleum taken as a whole represents the world's largest industry in terms of dollar value.
    Governments such as the United States government provide a heavy public subsidy to petroleum companies, with major tax breaks at virtually every stage of oil exploration and extraction, including the costs of oil field leases and drilling equipment.In recent years, enhanced oil recovery techniques — most notably multi-stage drilling and hydraulic fracturing, together commonly known as "fracking" — have moved to the forefront of the industry as this new technology plays a crucial and controversial role in new methods of oil extraction.

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