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 Bulk

Imported

EX - Mangalore

₹75,424/MT
6.95 %1 day ago

Bitumen VG30 Bulk

Imported

EX - Karwar

₹75,424/MT
6.95 %1 day ago

Bitumen VG40 Bulk

Imported

EX - Mangalore

Login To View

Bitumen VG40 Bulk

Imported

EX - Karwar

Login To View

Bitumen VG30 Drum

Imported

EX - Kandla

Login To View

Bitumen VG30 Drum

Imported

EX - Mundra

Login To View

View All

Oil Prices Come Under Pressure

USA Crude Oil Stocks Rise Almost 1MM Barrels WoW

WTI Sinks Nearly 4% as EU Weighs Emergency Stockpile Release

KPC-backed Nghi Son to sell 8,000 tons of polypropylene

No fuel supply restrictions imposed across retail network: Nayara Energy

Petroleum ministry to intervene as private refiners cap diesel sales

Bharat Petroleum Corporation Limited (NSE: BPCL) in Focus as Crude Sourcing and Refining Costs Take Centre Stage

India Inflation Risks Rise on Geopolitical Tensions, Crude Oil, El Nino: Finance Ministry Report - News and Statistics

Nobody is allowed to cap fuel sales: Petroleum Secretary

IOC Buys Iraqi Crude At $32 Discount: What It Means For Refining Margins and Profitability

Puerto Rico faces record electric rate as demand and costs increase

PetroChina And Zhejiang Petrochemical Scrap October Cargoes As Beijing Tightens Fuel Exports

Oil Prices Cross $100: Jefferies Prefers This PSU OMC With 37% Upside

No Global Oil Shortage, Supply Route Disruptions Driving Prices: Hardeep Puri

India’s Overseas Oil and Gas Output Declines Twelve Percent in Five Years

Why Indian oil refiners have changed strategy

Gulf Energy Lifelines Under Fire: What It Means for India

Brent Tumbles to $96 as Gulf Oil Flows Bounce Back

Commercial LPG cylinder price hiked by Rs 62.50 in Delhi, ATF costlier by Rs 16 ahead of festive season

India oil refiners change tactics and hire ships to cross Hormuz

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 Bulk

Imported

EX - Mangalore

₹75,424/MT6.95 %1 day ago

Bitumen VG30 Bulk

Imported

EX - Karwar

₹75,424/MT6.95 %1 day ago

Bitumen VG40 Bulk

Imported

EX - Mangalore

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

Bitumen VG40 Bulk

Imported

EX - Karwar

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

Bitumen VG30 Drum

Imported

EX - Kandla

.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

Oil Prices Come Under Pressure

USA Crude Oil Stocks Rise Almost 1MM Barrels WoW

WTI Sinks Nearly 4% as EU Weighs Emergency Stockpile Release

KPC-backed Nghi Son to sell 8,000 tons of polypropylene

No fuel supply restrictions imposed across retail network: Nayara Energy

Petroleum ministry to intervene as private refiners cap diesel sales

Bharat Petroleum Corporation Limited (NSE: BPCL) in Focus as Crude Sourcing and Refining Costs Take Centre Stage

India Inflation Risks Rise on Geopolitical Tensions, Crude Oil, El Nino: Finance Ministry Report - News and Statistics

Nobody is allowed to cap fuel sales: Petroleum Secretary

IOC Buys Iraqi Crude At $32 Discount: What It Means For Refining Margins and Profitability

Puerto Rico faces record electric rate as demand and costs increase

PetroChina And Zhejiang Petrochemical Scrap October Cargoes As Beijing Tightens Fuel Exports

Oil Prices Cross $100: Jefferies Prefers This PSU OMC With 37% Upside

No Global Oil Shortage, Supply Route Disruptions Driving Prices: Hardeep Puri

India’s Overseas Oil and Gas Output Declines Twelve Percent in Five Years

Why Indian oil refiners have changed strategy

Gulf Energy Lifelines Under Fire: What It Means for India

Brent Tumbles to $96 as Gulf Oil Flows Bounce Back

Commercial LPG cylinder price hiked by Rs 62.50 in Delhi, ATF costlier by Rs 16 ahead of festive season

India oil refiners change tactics and hire ships to cross Hormuz

Market News

Live News

Pointo bets on e-auto, BESS, second-life battery segments to drive growth .css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}11.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}18.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}

Porsche Cayenne Electric image gallery .css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}8.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}15.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}

Heavy industries ministry approves 382 sites for EV charging in Delhi .css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}11.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}13.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}

Steel Ministry asks SAIL, NMDC to explore mining assets abroad .css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}9.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}7.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}

OfBusiness App

Petroleum Products Market

Industrial Petroleum Products

Energy & Petroleum – Frequently Asked Questions

₹75,424/MT
6.95 %1 day ago

₹75,424/MT
6.95 %1 day ago

Login To View

Login To View

Login To View

Login To View

Pointo bets on e-auto, BESS, second-life battery segments to drive growth
11
18

Porsche Cayenne Electric image gallery
8
15

Heavy industries ministry approves 382 sites for EV charging in Delhi
11
13

Steel Ministry asks SAIL, NMDC to explore mining assets abroad
9
7