Downstream
"Downstream" refers to the processes that occur after the initial production of a product, particularly in industries like oil and gas. This includes refining, distribution, and marketing of products such as gasoline and other petrochemicals. The downstream sector focuses on delivering these products to consumers and businesses.
In the context of the oil and gas industry, downstream operations are crucial for converting raw materials into usable forms. This sector also involves retailing, where companies sell products directly to customers, and managing supply chains to ensure efficient delivery.