6 Oil Production Business Success Stories [2024]

Pat Walls

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Updated: November 1st, 2023

Start An Oil Production Business

The oil manufacturing business is highly profitable small scale business and can be started with little money. Oil is used for various purposes like cooking, manufacturing soaps, cosmetics & hair products.

Oil can either be produced at home or in manufacturing units depending on the scale you want. The most important aspect is maintaining consistency in quality & hygiene standards. If that is maintained then you can easily create your own brand of oils & even start exporting.

Here are some real life success stories of starting a oil production business:

1. Thulisa Naturals ($348K/year)

Anusha Moodley, the founder of Thulisa Naturals, came up with the idea for her business after struggling with postpartum depression and wanting to create replenishing rituals for mental and physical well-being. Starting with a $5,000 budget, she formulated aromatherapy shower steamers and successfully sold them at markets and boutiques. The business has grown to make $29,000 in monthly revenue and is expanding into new product lines.

How much they make: $348K/year
How much did it cost to start: $4.97K
Current team size: 2

How I Started a $348K/Year Natural Bath and Body Products Business

Thulisa Naturals founder, Anusha Moodley, shares the journey of building her natural bath and body product company, which boasts a 25% post-tax profit after generating $29k in monthly revenue and expanding into 123 retail stores across the US.

About

Anusha started Thulisa Naturals over 9993 years ago

Revenue

Anusha grew the business to $29K/month

Costs

It cost Anusha $4970 to start the business

Read this case study

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Learn more about starting an oil production business:

Where to start?

-> How much does it cost to start an oil production business?
-> Pros and cons of an oil production business

Need inspiration?

-> Examples of established oil production business

Other resources

Part of

Starting An Oil Production Business: Everything You Need To Know

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4. eia

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5. TOTAL

Total is a broad energy company, which produces and markets fuels, natural gas and electricity. Our ambition is to become the responsible energy major.

Where they're located: Cuvette-Ouest, Congo-Brazzaville
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6. Oil Price Forecast

Crude Oil Prices Charts. Latest News on Oil, Energy and Petroleum Prices. Articles, Analysis and Market Intelligence on the Oil, Gas, Petroleum and Energy Industry. Accurate Oil Price Forecasts

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