Bitumen Price ₹44-54K/MT VG 30 40

Bitumen Price Today ₹44000-54000/MT | Fuel Oil Base Oil Rates

Check petroleum product prices: bitumen VG 30 ₹46-52/kg, VG 40 ₹48-54/kg, fuel oil ₹45-55/kg, base oil ₹85-140/kg. IOC BPCL HPCL supplies. Bulk tanker delivery for road construction and industrial use.

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Bitumen VG30 Drum

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EX - Kandla

₹50,000/MT
0 %19 hours ago

Bitumen VG30 Bulk

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EX - Pithampur

₹47,000/MT
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Bitumen VG30 Bulk

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EX - Mangalore

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Bitumen VG30 Drum

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EX - Mundra

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Bitumen VG30 Bulk

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EX - Mathura

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EX - Karwar

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Petroleum Products Market

India is the third-largest consumer of petroleum products globally with demand exceeding 220 million tonnes annually. The country has a refining capacity of over 250 million tonnes through PSU and private refineries.

Key petroleum products include fuels (petrol, diesel, ATF), feedstocks (naphtha, LPG), and industrial products (bitumen, lubricants, fuel oil). Pricing follows international crude oil movements with varying degrees of government control across products.

Industrial Petroleum Products

Major industrial petroleum products include:

Bitumen: Used in road construction and waterproofing. Available in VG 10, VG 30, VG 40 grades and modified variants.
Fuel Oil: Industrial heating fuel for boilers and furnaces. Available as FO, LSHS, LDO.
Lubricants: Industrial oils for machinery including hydraulic, gear, compressor, and specialty oils.
Petroleum Coke: Solid fuel and anode material for aluminum smelting.

Energy & Petroleum FAQs

What's bitumen trading at per MT?

Bitumen prices by grade - VG 10 is ₹44000-48000/MT VG 30 runs ₹46000-52000/MT and VG 40 is ₹48000-54000/MT. Modified bitumen (PMB and CRMB) costs 20-30% more. IOC BPCL and HPCL set prices fortnightly based on crude oil. Road contractors typically buy in bulk tankers.

Which bitumen grade should I use for roads?

VG 30 handles most Indian roads perfectly - works well in our tropical climate with moderate traffic. Go with VG 40 for heavy-traffic highways and airports where the pavement takes more stress. VG 10 is for cold regions and spray applications. For expressways and bridges with heavy truck loads you'll want modified bitumen (PMB or CRMB).

What's fuel oil running?

Furnace oil (FO) costs ₹45-50/kg LSHS (Low Sulphur Heavy Stock) is ₹50-55/kg and LDO (Light Diesel Oil) runs ₹70-80 per liter. These follow crude oil with about a 15-day lag. Used mainly for industrial boilers furnaces and backup power in manufacturing plants.

Base oil pricing?

Base oil varies a lot by grade - Group I SN150 is ₹85-95/kg Group II runs ₹95-110/kg and Group III synthetic base is ₹120-140/kg. Lubricant blenders buy these to make finished products. Available from both refineries and importers depending on the grade.

How do petroleum product prices get set?

They follow crude oil (Brent/Dubai basket) plus refining margin taxes and freight. Oil marketing companies (IOC BPCL HPCL) revise industrial product prices every fortnight. Retail fuel prices change daily now. For bulk industrial purchases rates are negotiable based on volume and relationship.

What paperwork do I need to buy bitumen?

You'll need GST registration and a purchase order for credit terms. Provide vehicle details for delivery coordination. Bulk orders may need advance payment or an LC arrangement. You'll get a quality certificate showing the VG grade penetration value and softening point with each delivery plus a weighment slip.

How do I buy petroleum products in bulk?

OfBusiness handles bitumen fuel oil base oil and lubricants from IOC BPCL HPCL and private suppliers. We arrange bulk tanker delivery with proper quality documentation. Get quotes from multiple suppliers and compare - volume discounts are common in this space.

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Bitumen Price Today ₹44000-54000/MT | Fuel Oil Base Oil Rates

Top Category

Energy & Petroleum Most Viewed Prices

Bitumen VG30 Drum

Imported

EX - Kandla

₹50,000/MT0 %19 hours ago

Bitumen VG30 Bulk

Imported

EX - Pithampur

₹47,000/MT0 %19 hours ago

Bitumen VG30 Bulk

Imported

EX - Mangalore

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Bitumen VG30 Drum

Imported

EX - Mundra

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Bitumen VG30 Bulk

Imported

EX - Mathura

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Bitumen VG30 Bulk

Imported

EX - Karwar

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Goldman Boosts Oil Price Forecast by $8 for Brent and $7 for WTI

India Holds Fuel Prices Steady Even as Oil Basket Soars Above $155

Angola and Nigeria best positioned to benefit from high oil price cycle – BofA

$166 a barrel? Middle East oil gives clue to where all prices could be headed if Iran war drags on

Goldman Sachs warns oil could stay above $100 longer on supply shocks

IEA Signals Readiness for Another Emergency Oil Release

The Iran war is causing a global energy crisis – can China withstand it?

Oil falls over 13% on Trump postponing military strikes on Iran energy infrastructure

‘It’s a terrible combination for bond markets’: Ed Yardeni on yields, oil

How exposed are iron ore prices to higher energy costs?

Citi says Brent crude prices could rise to this level in a prolonged Iran conflict

Saudi Arabia Slashes Oil Supply to Asia as War Chokes Export Route

Europe’s Gasoline Exports Shift to Asia as War Roils Fuel Markets

Oil Plummets 8% as Trump Postpones Hormuz Deadline Threat

Oil rises, Asian shares tumble amid threats to Mideast energy infrastructure

International Energy Agency discussing further oil stock releases, chief Birol says

Crude oil prices ease but remain at elevated levels despite Trump, Iran trading barbs

Eight Core Industries Index Up in February 2026

Gas reservation policy design critical as conflict hits global supplies

PM reviews oil, gas supply amid global tensions

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Gujarat Fuel Supply Cuts Disrupt Urban Mobility Systems.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}10.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}18.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}

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UP hikes wheat MSP by Rs 160; procurement from March 30 .css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}3.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}12.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}

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Gujarat Fuel Supply Cuts Disrupt Urban Mobility Systems
10
18

Gujarat Fuel Supply Disruption Triggers Urban Panic Buying
3
16

Power utilities told to secure coal stocks for uninterrupted summer supply
9
11

Coal India Approves Closure Of MJSJ Coal Limited
11
15

UP hikes wheat MSP by Rs 160; procurement from March 30
3
12

States Ordered to Rein in Coal Retailers Amid West Asia Crisis
3
12