Oil | Companies That Buy Crude

Formerly known as Standard Oil of California (Socal). Shell and BP (formerly British Petroleum). State-Owned and Regional Corporations:

The companies that buy crude oil are primarily that process it into petroleum products like gasoline, diesel, and kerosene. These buyers are typically large integrated oil companies or specialized independent refining firms. Major Global Buyers companies that buy crude oil

(China National Petroleum Corporation) and Sinopec (China Petroleum & Chemical Corp). Indian Oil and ONGC Videsh (India). Rosneft and Lukoil (Russia). NNPC (Nigerian National Petroleum Corporation). Independent Refiners & Trading Houses: Western Refining and Tesoro Corporation . Phillips 66 and Valero Energy . Formerly known as Standard Oil of California (Socal)