Question on: JAMB Economics - 2014

The loading of crude oil at the terminal is an activity in the

A
downstream sector of the oil industry
B
upstream and downstream sector of the oil industry
C
upstream sector of the oil industry
D
midstream and upstream sectors of the oil industry
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Correct Option: B

The loading of crude oil at a terminal is part of the downstream sector. The downstream sector involves refining, marketing, and distribution of crude oil and natural gas products.

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