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 VG40 Bulk

Refinery

EX - Chennai

₹84,772/MT
0 %2 hours ago

Bitumen VG30 Bulk

Refinery

EX - Chennai

₹76,852/MT
0 %2 hours ago

Bitumen VG40 Bulk

Refinery

EX - Panipat

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Bitumen VG30 Bulk

Refinery

EX - Panipat

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Bitumen VG40 Bulk

Refinery

EX - Haldia

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EX - Haldia

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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

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Energy & Petroleum Most Viewed Prices

Bitumen VG40 Bulk

Refinery

EX - Chennai

₹84,772/MT0 %2 hours ago

Bitumen VG30 Bulk

Refinery

EX - Chennai

₹76,852/MT0 %2 hours ago

Bitumen VG40 Bulk

Refinery

EX - Panipat

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Bitumen VG30 Bulk

Refinery

EX - Panipat

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Bitumen VG40 Bulk

Refinery

EX - Haldia

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Bitumen VG30 Bulk

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EX - Haldia

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Hormuz Shipping Activity Accelerates

Germany Considers Extending Oil Reserve Relief Despite Falling Prices

Peace in West Asia expected to boost order book of Indian exporters: Industry body FIEO

OPEC’s Oil Demand Bet Is on India, Not Europe

India's Pump Prices Stuck Even As Global Crude Crashes

High Tanker Rates Disrupt Persian Gulf Oil Shipments to Asia

Brent crude expected at USD 90-95/barrel, raising India's CAD risk: Crisil

India’s Energy Import Bill Jumps 82% Due to High Oil Prices

More Than 60 Million Barrels of Oil Ready to Head to Asia as Hormuz Reopens

Goldman cuts 2026, 2027 oil price forecasts after deal to reopen Strait of Hormuz

Oil Prices Slide After U.S. and Iran Sign Ceasefire Agreement

Japan's 94% Middle East oil dependence leaves firms deeply exposed even as war winds down

Oil price rise to have multi-layer impact: Crisil

India wants to turn more coal into gas for energy security. It faces a tough conversion

India’s crude oil, LNG imports surge in May although bill continues to stay elevated

Hydro storage good, winter power supply secure: Meridian

Why Vedanta’s BALCO aluminium wire rods matter quietly in the grid

Indias fossil fuel insecurity now a broader economic risk, not just import dependence issue: CEEW study

Is India prepared for an oil shock? Report flags just 9-10 days of crude reserves

ADNOC Expands Spot Crude Sales to Asia as Regional Tensions Ease

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India's private nuclear energy players warned over rushing into sector
7
17

Why Tata’s Nexon EV Max quietly makes everyday electric driving easier
6
10

US Natgas Prices Edge Up
10
5

How Iran war is challenging and changing Europe’s gas market
8
19