Major Group SIC 5983 - Fuel Oil Dealers

SIC 5983 - Fuel Oil Dealers

SIC 59 - Miscellaneous Retail
SIC 01 - Agricultural Production Crops SIC 02 - Agricultural Production Livestock And Animal Specialties SIC 07 - Agricultural Services SIC 08 - Forestry SIC 09 - Fishing, Hunting, And Trapping SIC 10 - Metal Mining SIC 12 - Coal Mining SIC 13 - Oil And Gas Extraction SIC 14 - Mining And Quarrying Of Nonmetallic Minerals, Except Fuels SIC 15 - Building Construction General Contractors And Operative Builders SIC 16 - Heavy Construction Other Than Building Construction Contractors SIC 17 - Construction Special Trade Contractors SIC 20 - Food And Kindred Products SIC 21 - Tobacco Products SIC 22 - Textile Mill Products SIC 23 - Apparel And Other Finished Products Made From Fabrics And Similar Materials SIC 24 - Lumber And Wood Products, Except Furniture SIC 25 - Furniture And Fixtures SIC 26 - Paper And Allied Products SIC 27 - Printing, Publishing, And Allied Industries SIC 28 - Chemicals And Allied Products SIC 29 - Petroleum Refining And Related Industries SIC 30 - Rubber And Miscellaneous Plastics Products SIC 31 - Leather And Leather Products SIC 32 - Stone, Clay, Glass, And Concrete Products SIC 33 - Primary Metal Industries SIC 34 - Fabricated Metal Products, Except Machinery And Transportation Equipment SIC 35 - Industrial And Commercial Machinery And Computer Equipment SIC 36 - Electronic And Other Electrical Equipment And Components, Except Computer Equipment SIC 37 - Transportation Equipment SIC 38 - Measuring, Analyzing, And Controlling Instruments Photographic, Medical And Optical Good SIC 39 - Miscellaneous Manufacturing Industries SIC 40 - Railroad Transportation SIC 41 - Local And Suburban Transit And Interurban Highway Passenger Transportation SIC 42 - Motor Freight Transportation And Warehousing SIC 44 - Water Transportation SIC 45 - Transportation By Air SIC 46 - Pipelines, Except Natural Gas SIC 47 - Transportation Services SIC 48 - Communications SIC 49 - Electric, Gas, And Sanitary Services SIC 50 - Wholesale Trade-durable Goods SIC 51 - Wholesale Trade-non-durable Goods SIC 52 - Building Materials, Hardware, Garden Supply, And Mobile Home Dealers SIC 53 - General Merchandise Stores SIC 54 - Food Stores SIC 55 - Automotive Dealers And Gasoline Service Stations SIC 56 - Apparel And Accessory Stores SIC 57 - Home Furniture, Furnishings, And Equipment Stores SIC 58 - Eating And Drinking Places SIC 59 - Miscellaneous Retail SIC 60 - Depository Institutions SIC 61 - Non-depository Credit Institutions SIC 62 - Security And Commodity Brokers, Dealers, Exchanges, And Services SIC 63 - Insurance Carriers SIC 64 - Insurance Agents, Brokers, And Service SIC 65 - Real Estate SIC 67 - Holding And Other Investment Offices SIC 70 - Hotels, Rooming Houses, Camps, And Other Lodging Places SIC 72 - Personal Services SIC 73 - Business Services SIC 75 - Automotive Repair, Services, And Parking SIC 76 - Miscellaneous Repair Services SIC 78 - Motion Pictures SIC 79 - Amusement And Recreation Services SIC 80 - Health Services SIC 81 - Legal Services SIC 82 - Educational Services SIC 83 - Social Services SIC 84 - Museums, Art Galleries, And Botanical And Zoological Gardens SIC 86 - Membership Organizations or Unions And Similar Labor Organizations SIC 87 - Engineering, Accounting, Research, Management, And Related Services SIC 89 - Services, Not Elsewhere Classified SIC 96 - Administration Of Economic Programs
- SIC 598 - Fuel Dealers
  SIC 591 - Drug Stores And Proprietary Stores SIC 592 - Liquor Stores SIC 593 - Used Merchandise Stores SIC 594 - Miscellaneous Shopping Goods Stores SIC 596 - Nonstore Retailers SIC 598 - Fuel Dealers SIC 599 - Retail Stores, Not Elsewhere Classified
  - SIC 5983 - Fuel Oil Dealers
    SIC 5983 - Fuel Oil Dealers SIC 5984 - Liquefied Petroleum Gas (bottled Gas) Dealers SIC 5989 - Fuel Dealers, Not Elsewhere Classified

Establishments primarily engaged in the retail sale of fuel oil. Establishments primarily engaged in selling fuel oil burners are classified in Wholesale Trade, Industry 5074; those primarily engaged in installing and servicing fuel oil burners are classified in Construction, Industry 1711; and those engaged in fuel oil burner repair service only are classified in Services, Industry 7699.

Industry trends:

The fuel oil dealers industry (NAICS 5983) has been observing significant qualitative trends driven by various socio-economic and environmental factors. A notable trend is the increasing emphasis on sustainable and renewable energy sources, leading to a gradual shift away from traditional fuel oils. This shift is driven by growing environmental awareness and regulatory pressures aimed at reducing carbon emissions. As a result, many fuel oil dealers are diversifying their product portfolios to include eco-friendly alternatives such as biofuels and other renewable energy sources.

Another key trend is technological advancements in heating systems and fuel efficiency. Customers are increasingly demanding more efficient and cleaner burning heating options, prompting dealers to offer advanced, high-efficiency fuel oil products. Additionally, digital transformation is playing a crucial role, with companies adopting e-commerce platforms for better customer engagement and optimized delivery logistics through sophisticated fleet management systems.

Looking ahead, the industry is expected to continue adapting to these trends. The forecast suggests a steady decline in traditional fuel oil demand as renewable energy becomes more prevalent. However, there will likely be pockets of sustained demand in regions where infrastructure for alternative energy is still developing. Fuel oil dealers who innovate and diversify their energy offerings, while leveraging technology to streamline operations, are poised to remain competitive in this evolving landscape.

This industry is comprised of:

Fuel oil dealers-retail

Explore related industries:

SIC 2911 - Petroleum Refining SIC 3433 - Heating Equipment, Except Electric And Warm Air Furnaces SIC 4925 - Mixed, Manufactured, or Liquefied Petroleum Gas Production

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