Question 1

What is upstream in the supply chain?

Accepted Answer

Upstream focuses on getting raw materials and resources before production starts.

Question 2

What does downstream mean in oil and gas?

Accepted Answer

Downstream involves refining crude oil and delivering products like gasoline to consumers.

Question 3

How does upstream differ from downstream?

Accepted Answer

Upstream is about sourcing and production, while downstream is about distribution and sales.

Question 4

What is an example of a downstream activity?

Accepted Answer

Delivering products to a store or a customer is a downstream activity.

Question 5

Why are upstream and downstream important?

Accepted Answer

Both are vital to ensure that raw materials turn into finished products and reach consumers.

Day: September 30, 2024

Upstream and Downstream in Supply Chain and Oil & Gas