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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

₹78,000/MT
0 %2 days ago

Bitumen VG30 Bulk

Imported

EX - Pithampur

₹75,500/MT
0 %2 days ago

Bitumen VG30 Bulk

Imported

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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Bitumen VG30 Bulk

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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

₹78,000/MT0 %2 days ago

Bitumen VG30 Bulk

Imported

EX - Pithampur

₹75,500/MT0 %2 days 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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India can no longer escape the ripple effect of global tension

Asia races to stockpile oil, speed up renewables in response to Iran war

Hurricane Isaias Shuts In 71% of U.S. Gulf Oil Production

Germany to release 15 million barrels from oil reserves

Asian Refiners Ditch U.S. Oil as Supertanker Rates Hit $82 Million

Crude Oil is Underpriced, Energy Aspects Says

Johan Sverdrup crude hits record US$24/bbl premium to brent as Saudi pipeline suspension tightens European medium-sour supply

Reliance Drives India’s Venezuelan Oil Imports to Seven-Year High

IEA estimates ASEAN power demand to grow 5.4% annually by 2030, coal demand 4.4%

West Bengal’s Road Infrastructure Push Sets the Stage for GRC 2026 in Kolkata

Goldman Sachs sees China petrochemical oil demand decline reversing By Investing.com

Gujarat Plastic Industry Faces Output Cuts as Polymer Costs Surge

The Indian billionaire investing in Trump's refinery project is also buying more Venezuelan crude

LPG Consumption Falls 9 Per Cent in September

India to Ask Private Fuel Retailers to End Rationing

Why reactors, not barrels alone, could double India-Canada trade

THE AGE OF DISRUPTION

India's power crunch is becoming a fuel logistics problem | Policy Circle

NTPC Q2 Power Generation Grows 13 Per Cent to 118 bn Units

India’s diesel exports hit 1-year high in September as record margins drive Europe shipments

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Petroleum Products Market

Industrial Petroleum Products

Energy & Petroleum – Frequently Asked Questions

₹78,000/MT
0 %2 days ago

₹75,500/MT
0 %2 days ago

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MRPL-backed petrochemicals venture begins marketing push
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