What are the three main segments of the oil and gas industry? Option: Upstream, Downstream, and Main stream, Upstream, Downstream, and Midstream, Upstream, Downstream, and Cross stream, Upstream, Downstream, and Side stream

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What are the three main segments of the oil and gas industry?

Upstream, Downstream, and Main stream

Upstream, Downstream, and Midstream

Upstream, Downstream, and Cross stream

Upstream, Downstream, and Side stream

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Which segment of the oil and gas industry is responsible for the exploration and extraction of crude oil?

Upstream

All of the above

Downstream

Midstream

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What role do midstream companies play in the oil and gas industry?

Regulation of oil and gas markets

Exploration and extraction of crude oil

Refining crude oil into usable products

Transportation of crude oil from wells to refineries

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What is the primary function of downstream companies in the oil and gas industry?

Exploration and extraction of crude oil

Regulation of oil and gas markets

Transportation of crude oil

Refining crude oil into usable products

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What type of relationship exists between upstream and downstream companies in terms of oil prices?

See-saw

Parasitic

Symbiotic

Independent

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Oil refinery and sugar mill are classified under which industries?

None of the above

Primary

Tertiary

Secondary