Question 1

What are Energy & Petroleum Products?

Accepted Answer

Petroleum, commonly known as crude oil, is a naturally occurring fossil fuel extracted from underground reservoirs. It is a complex mixture of hydrocarbons and other organic compounds. Refined petroleum products, such as gasoline, diesel, and jet fuel, serve as crucial energy sources for transportation, heating, and various industrial applications worldwide.

Some Commonly known Petroleum Products are: Bitumen, Base Oil, CNG, Emulsion, Diesel, Petrol etc.

Question 2

What are the common applications of Energy & Petroleum?

Accepted Answer

Petroleum products are utilized in transportation fuels, heating fuels, industrial feedstocks, lubricants, asphalt for roads, petrochemicals, and electricity generation, serving as indispensable components in various aspects of modern life and industry.

Question 3

Where can I find the latest prices for Energy & Petroleum products?

Accepted Answer

You can find the latest Energy & Petroleum Prices and other categories of products on the OfBusiness App and Website.

Here are some Energy & Petroleum Rates today :

Bitumen : ₹ 33100 / MT
Emulsion : ₹ 29500 / MT
Base Oil : ₹ 66000 / KL

Question 4

How often are the Energy & Petroleum product prices updated on Ofbusiness platform?

Accepted Answer

Energy & Petroleum product prices are updated daily on the OfBusiness platforms to ensure that you have the most accurate and latest information.

Question 5

Are there different grades of Energy & Petroleum available?

Accepted Answer

Different Energy and Petroleum Product have different Grades. For Example: Base Oil has grades like: N70, 2CST, 8CST, SN150 etc, Emulsion has grades like RS1, SS1 etc.

Question 6

Can I get customized quotes for specific Energy & Petroleum product variations or quantities?

Accepted Answer

Yes, you can request customized quotes for specific variations and quantities of Energy & Petroleum products based on your unique requirements. Just go to OfBusiness website or download the OfBusiness Mandi App, and fill out the enquiry form.

Question 7

What are the factors to consider when purchasing Energy & Petroleum products?

Accepted Answer

Consider product specifications, the reliability of suppliers, competitiveness in pricing, consistency in delivery, and adherence to safety and environmental standards. Additionally, check compatibility with your specific applications or equipment.

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Energy & Petroleum Prices

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Oil prices rise as investors look forward to U.S. rate cuts.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}1.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}221.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}

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Middle East Crude-Benchmarks ease; IRPC buys Abu Dhabi light grades.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}3.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}33.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}

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Europe Gasoline/Naphtha-Gasoline cracks end week higher after stocks decline
19
93

Oil prices rise as investors look forward to U.S. rate cuts
1
221

Asia Naphtha/Gasoline-Naphtha crack extends gains, prices plunge
7
81

Middle East Crude-Benchmarks ease; IRPC buys Abu Dhabi light grades
3
33

Oil steadies, weighed down by predicted surplus amid weak demand
19
32