The salary statistics of petroleum engineers in the industry sector of wholesale trade are shown in Table 1. In Table 2 we compare petroleum engineer salaries in different industries within the wholesale trade sector.
|Percentile Bracket||Average Annual Salary|
|10th Percentile Wage|| |
|25th Percentile Wage|| |
|50th Percentile Wage|| |
|75th Percentile Wage|| |
|90th Percentile Wage|| |
Table 1 shows the average annual salary for petroleum engineers in the industry sector of wholesale trade. The salaries are shown in 5 percentile scales. The average annual salary for the 75th percentile (the top 25 percent of the highest paid) petroleum engineers is $157,060. The median annual salary (50th percentile) is $111,780. The average annual salary for the bottom 10 percent paid petroleum engineers is $64,500.
The following table and chart show the trend of the median salary of petroleum engineers in the industry sector of wholesale trade from 2012 to 2016.
|Year||Median Salary||Yearly Growth||4-Year Growth|
The average salaries of petroleum engineers in five industries in the wholesale trade sector are shown below. We note that within this industry sector, the salaries vary among different industries. The highest paying industry for petroleum engineer occupations is the chemical and allied products merchant wholesalers industry with an annual salary $143,840. The lowest paying industry is the petroleum and petroleum products merchant wholesalers industry (annual salary $100,250). For detailed petroleum engineer salary information in a particular industry, use the links provided below.
|Industry Name||Median Annual Salary|
|Chemical and Allied Products Merchant Wholesalers|| |
|Machinery, Equipment, and Supplies Merchant Wholesalers|| |
|Merchant Wholesalers, Nondurable Goods|| |
|Merchant Wholesalers, Durable Goods|| |
|Petroleum and Petroleum Products Merchant Wholesalers|| |
Data source: The national compensation survey conducted by the U.S. Bureau of Labor Statistics (BLS) in 2016 and published in April 2017 .