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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

₹92,000/MT
0 %13 hours ago

Bitumen VG30 Bulk

Imported

EX - Pithampur

₹84,250/MT
0 %13 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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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

₹92,000/MT0 %13 hours ago

Bitumen VG30 Bulk

Imported

EX - Pithampur

₹84,250/MT0 %13 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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Oil supply improves as Middle East crude exports recover, but high fuel costs may persist: Jefferies

India Crude Import Bill Up 46.3% to $90.6 Billion as Brent Tops $110 - News and Statistics

The Commodities Feed: Attacks on Saudi Arabia fan oil supply worries

India's Middle East Oil Imports Jumped 32% in September

India could deepen energy ties with Venezuela beyond crude imports: Rubio

Gulf producers stand to gain as China replaces Iranian loss

Iran Claims Seven Ships Hit in Persian Gulf as Oil Prices Surge

India turns back to Gulf oil as Russian crude loses its price edge

Iran’s Oil Reserves Run Dry as U.S. Naval Blockade Tightens

Oil Prices Surge Above $111 as Houthis Strike Saudi Targets

Brent crude rises above $110/barrel on Hormuz supply risks

EU weakens call for ban on Arctic oil and gas drilling

Hormuz war risk pushes crude shipping costs sevenfold, squeezes refiners' margins: Goldman Sachs

US crude oil inventories drop 3.06 million barrels

Citi’s $60 Oil Call Meets $112 Brent

European Natural Gas Prices Rise on Middle East Escalation

Oil Rises Intraday Amid Escalating Tensions

LNG imports up 9% in Mar-Sep; US, Oman and Nigeria bridge supply gap

From groceries to home loans, high oil prices permeate daily life

Himachal: Shortage of bitumen slows road tarring, CM Sukhu writes to Centre

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Petroleum Products Market

Industrial Petroleum Products

Energy & Petroleum – Frequently Asked Questions

₹92,000/MT
0 %13 hours ago

₹84,250/MT
0 %13 hours ago

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Why 100% Ethanol Vehicles Are Back on Tamil Nadu’s Agenda
12
5

NATRAX EV Testing Upgrade Cuts India’s Overseas Lab Dependence
4
19

CTUIL sets BESS discharge requirements for ISTS connectivity
11
19

Jaisalmer Limestone Mining Tests India’s Great Indian Bustard Safeguards
1
16