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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

Imported

EX - Kandla

₹71,000/MT
0 %7 hours ago

Bitumen VG30 Bulk

Imported

EX - Pithampur

₹75,500/MT
0 %7 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

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EX - Mathura

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Bitumen VG30 Bulk

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EX - Karwar

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India oil imports change origin

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Indian Oil Gujarat refinery to start operating at expanded capacity by end of FY27, executive says

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Crude surged. Why didn’t India’s petrol prices?

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Oil retreats as investors await U.S.-Iran diplomacy developments

China’s Thermal Coal Prices Surge to Three-Year High

Analysts Cut China's Q4 Crude Import Forecasts by 400,000 Bpd

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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 – Frequently Asked Questions

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.

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

Top Category

Energy & Petroleum Most Viewed Prices

Bitumen VG30 Drum

Imported

EX - Kandla

₹71,000/MT0 %7 hours ago

Bitumen VG30 Bulk

Imported

EX - Pithampur

₹75,500/MT0 %7 hours ago

Bitumen VG30 Bulk

Imported

EX - Mangalore

.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}Login To View

Bitumen VG30 Drum

Imported

EX - Mundra

.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}Login To View

Bitumen VG30 Bulk

Imported

EX - Mathura

.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}Login To View

Bitumen VG30 Bulk

Imported

EX - Karwar

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India oil imports change origin

TERI Study Calls For Multi-Fuel Strategy In India’s Transport Sector, Says No Single Technology Can Replace All Fuels

Middle East crisis puts India’s energy security and resilience in focus: SandP Global

Hormuz disruption cuts India’s crude supplies by 20%, LNG by 16%: SandP Global

The West Asian Conflict: India’s Energy and Economic Vulnerabilities

Russia Extends Diesel Export Ban through October

Crude Oil Inventories Rise, Defying Forecasts and Previous Data

Wells Fargo Raises Oil Price Targets Citing Ongoing Supply Risks

Oil bounces as jitters around Mideast supplies persist despite signs of recovery

Indian Oil Gujarat refinery to start operating at expanded capacity by end of FY27, executive says

India Boosts Middle East Oil Imports, Cuts Russian Flows

Crude surged. Why didn’t India’s petrol prices?

JP Morgan, Goldman Diverge on Hormuz Oil Flow Estimates

Oil Prices Climb as Trump Rules Out Easing Iran Sanctions

Oil retreats as investors await U.S.-Iran diplomacy developments

China’s Thermal Coal Prices Surge to Three-Year High

Analysts Cut China's Q4 Crude Import Forecasts by 400,000 Bpd

Centre cuts windfall tax on diesel, ATF exports from October 1

Deadly Blast Hits Major Indian Refinery as Fuel Markets Tighten

OPEC+ Expected to Keep Oil Production Quotas Unchanged

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Don’t let safety gaps spark tragedy in Hyderabad .css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}11.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}12.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}

India: Dalmia Cement deploys 24 electric heavy-duty trucks .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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Petroleum Products Market

Industrial Petroleum Products

Energy & Petroleum – Frequently Asked Questions

₹71,000/MT
0 %7 hours ago

₹75,500/MT
0 %7 hours ago

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Don’t let safety gaps spark tragedy in Hyderabad
11
12

India: Dalmia Cement deploys 24 electric heavy-duty trucks
10
18