Downstream

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Dictionary Says

Definition of 'Downstream'

The oil and gas operations that take place after the production phase through to the point of sale.
Investopedia Says

Investopedia explains 'Downstream'

Most oil companies are known as being "integrated" because they combine upstream activities, which include exploration and production, with downstream operations.

Related Definitions

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    Operations stages in the oil and gas industry that involve exploration and production. Upstream operations deal primarily with the exploration stages of the oil and gas industry, with ...
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  • Commodity

    1. A basic good used in commerce that is interchangeable with other commodities of the same type. Commodities are most often used as inputs in the production of other goods or services. ...
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  • Horizontal Market

    A market diversified so that the products created are able to meet the needs of more than one industry.
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      A merger between two companies producing different goods or services for one specific finished product.
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    • Midstream

      Term used to describe one of the three major stages of oil and gas industry operations. Midstream activities include the processing, storing, transporting and marketing of oil, natural ...
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