Home/Energy & Petroleum

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.

Top Category

Energy & Petroleum Most Viewed Prices

View Prices

Products

Brand

Location

Prices

Actions

Bitumen VG30 Drum

Imported

EX - Kandla

₹78,000/MT
0 %19 hours ago

Bitumen VG30 Bulk

Imported

EX - Pithampur

₹75,500/MT
0 %19 hours ago

Bitumen VG30 Bulk

Imported

EX - Mangalore

Login To View

Bitumen VG30 Drum

Imported

EX - Mundra

Login To View

Bitumen VG30 Bulk

Imported

EX - Mathura

Login To View

Bitumen VG30 Bulk

Imported

EX - Karwar

Login To View

View All

Oil India eyes producing assets abroad; EandP focus area back home

Oil prices climb as traders weigh Saudi supply risk, Russian diesel flow

India’s electric car sales share tops US for six straight months from April: Ember

U.S. State Secretary Rubio to visit India for energy talks next week; visit to Jamnagar on cards

Iran ramps up attacks on ships in Strait of Hormuz with 12 struck in past four days

US Crude Oil Inventories See Massive Drop Off

Record oil tanker rates put pressure on Asian refiners, IEA says

EIA raises oil price forecasts for 2027

Saudi Arabia Crude Oil Production Recovers in September

Oil prices rise as Houthi attacks, Hormuz strikes spur supply uncertainty

Oil inventory drawdowns leave global economy vulnerable to fresh shocks – IMF

Oil edges up as unabated Mideast attacks heighten supply concerns

Oil Prices Climb Above $106 as Iran Threatens More Tanker Attacks

OPEC Raises 2027 Oil Demand Outlook, Cuts 2026 Forecast

Rising Steel and Zinc Costs Push Up Solar Mounting Structure Prices in India

Diesel shortages keep oil markets tight despite weakening global demand

BCCL raises raw coking coal prices by up to 14% for non-regulated sector

Japan Plans Subsidies for Non-Hormuz Crude Imports as Supply Risks Persist

Fire breaks out at ONGC oil platform off Mumbai coast

Coal Remains Key: Critical role in providing firm, continuous and flexible power

OfBusiness App

Unlock a Whole New World of Raw Materials

400K+

Raw Materials Prices

500K+

Transactions

30+

Countries Served

1 Million+

Registered SMEs

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

₹78,000/MT0 %19 hours ago

Bitumen VG30 Bulk

Imported

EX - Pithampur

₹75,500/MT0 %19 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

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

Oil India eyes producing assets abroad; EandP focus area back home

Oil prices climb as traders weigh Saudi supply risk, Russian diesel flow

India’s electric car sales share tops US for six straight months from April: Ember

U.S. State Secretary Rubio to visit India for energy talks next week; visit to Jamnagar on cards

Iran ramps up attacks on ships in Strait of Hormuz with 12 struck in past four days

US Crude Oil Inventories See Massive Drop Off

Record oil tanker rates put pressure on Asian refiners, IEA says

EIA raises oil price forecasts for 2027

Saudi Arabia Crude Oil Production Recovers in September

Oil prices rise as Houthi attacks, Hormuz strikes spur supply uncertainty

Oil inventory drawdowns leave global economy vulnerable to fresh shocks – IMF

Oil edges up as unabated Mideast attacks heighten supply concerns

Oil Prices Climb Above $106 as Iran Threatens More Tanker Attacks

OPEC Raises 2027 Oil Demand Outlook, Cuts 2026 Forecast

Rising Steel and Zinc Costs Push Up Solar Mounting Structure Prices in India

Diesel shortages keep oil markets tight despite weakening global demand

BCCL raises raw coking coal prices by up to 14% for non-regulated sector

Japan Plans Subsidies for Non-Hormuz Crude Imports as Supply Risks Persist

Fire breaks out at ONGC oil platform off Mumbai coast

Coal Remains Key: Critical role in providing firm, continuous and flexible power

Market News

Live News

Govt revises windfall gains tax for petrol and diesel exports.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}11.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}9.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}

OfBusiness App

Petroleum Products Market

Industrial Petroleum Products

Energy & Petroleum – Frequently Asked Questions

₹78,000/MT
0 %19 hours ago

₹75,500/MT
0 %19 hours ago

Login To View

Login To View

Login To View

Login To View

Govt revises windfall gains tax for petrol and diesel exports
11
9