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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

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EX - Kandla

₹71,000/MT
0 %2 days ago

Bitumen VG30 Bulk

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EX - Pithampur

₹75,500/MT
0 %2 days ago

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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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

₹71,000/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

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Bitumen VG30 Bulk

Imported

EX - Mathura

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Bitumen VG30 Bulk

Imported

EX - Karwar

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EU Shrugs Off Gas Supply Fears Despite Low Storage Levels

Italy Pushes Refineries to Raise Fuel Output Amid Price Surge

India’s Graham Act Dilemma: Energy Security Meets Us Tariff Weapon

West Asia crisis not over, potential to escalate further: Oil Minister Hardeep Puri

ONGC to continue drilling after gas discovery in Mahanadi basin; India to retain 20% ethanol blending: Hardeep Puri

Indian Oil hires super tanker at ₹458 crore to ship crude from East Coast Mexico to Paradip

Singapore fuel hub bleeds inventories across the barrel to three-week low

ONGC (NSE:ONGC): Why Is This Oil and Gas Explorer in Focus Amid Crude Price Movements?

Mapping, Drilling, Building, Selling, Holding: The Five Tests For India's Offshore Push

New US Sanctions Law Takes Effect, India's Russian Oil Purchases Face Up to 100% Tariff Pressure

Ethanol Blending in India

India-US UNGA Talks, Russia Sanctions Bill And Oil Trade Concerns - India Today

The Commodities Feed: Brent drops below $100

Urals Oil Prices Fall

European countries urge for joint policy action to tackle soaring oil prices

Crude Oil Inventories Surge, Defying Market Expectations

Euro gas treads water near 3-week lows as Tehran hints Hormuz reopening

Crude prices rise nearly 2% amid choppy trade

Oman crude drops slightly as Brent falls below $100

Brent Holds Above $102 as Iran Talks Stall Over Hormuz Conditions

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India Targets 500 Hydrogen Buses, Trucks by 2030 .css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}1.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}15.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}

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Rs.2,300 Crore Kandla E-Methanol Plant Gets Green Light .css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}7.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}3.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}

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Petroleum Products Market

Industrial Petroleum Products

Energy & Petroleum – Frequently Asked Questions

₹71,000/MT
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₹75,500/MT
0 %2 days ago

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India Targets 500 Hydrogen Buses, Trucks by 2030
1
15

KPI Green Energy incorporates KPGC Two Private Limited as subsidiary
4
20

Rs.2,300 Crore Kandla E-Methanol Plant Gets Green Light
7
3