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 %8 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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Ministry of Industry and Trade strives to stabilize the gasoline and oil market

India to source gas, crude oil from all available sources: Modi | Gas Crisis | India News

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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 VG30 Drum

Imported

EX - Kandla

₹50,000/MT0 %8 hours ago

Bitumen VG30 Bulk

Imported

EX - Pithampur

₹47,000/MT0 %8 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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Ministry of Industry and Trade strives to stabilize the gasoline and oil market

India to source gas, crude oil from all available sources: Modi | Gas Crisis | India News

India’s energy crisis deepens -- can electrification steer us through?

Australia, Singapore Agree to Keep Oil and Gas Flowing Amid Global Supply Crisis - The Diplomat – Asia

"India has adequate crude oil storage and arrangements for continuous supply": PM Modi in RS

Why damage to Qatar's gas infrastructure could push costs higher for years to come

Japan's Strategic Oil Release: Navigating the Middle East Crisis

What Are Indias Limited Options in This War?

Risk and Resilience: India’s Energy Security in a Volatile Middle East

Impact of the Middle East Conflict on Asian Power Markets

UAE: Weaponizing Hormuz is Economic Terrorism Against the World

Japan Moves to Release Oil Stockpiles as Energy Crisis Deepens

US-approved Iranian barrels find a cautious reception in India

Valero Shuts Major Refinery After Explosion as Fuel Markets Tighten

The Commodities Feed: De-escalation hopes fade

White House Dismisses Insider Trading Claims in Oil Market

Iranian oil is offered to India at premium to Brent, sources say

Indian Refiners Cautious Over Iranian Oil Despite U.S. Waivers

Oil Rally Gives Russia an Excuse to Delay Crucial Budget Reform

US Crude Oil, Product Inventories Rise

Market News

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India Pushes Back Flexible Coal Power Plan Amid Cost Uncertainty .css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}9.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}19.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}

BPCL begins operations at 2G bioethanol refinery in Bargarh.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}4.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}15.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}

India Targets Import Cuts With Historic Oil and Gas Drilling Campaign .css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}1.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}12.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}

PM-KUSUM Boosts Solar Agriculture: Over 21 Lakh Farmers Benefit Across India.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}12.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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India Pushes Back Flexible Coal Power Plan Amid Cost Uncertainty
9
19

BPCL begins operations at 2G bioethanol refinery in Bargarh
4
15

India Targets Import Cuts With Historic Oil and Gas Drilling Campaign
1
12

PM-KUSUM Boosts Solar Agriculture: Over 21 Lakh Farmers Benefit Across India
12
18