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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 VG40 Bulk

Refinery

EX - Chennai

₹83,922/MT
16.78 %2 days ago

Bitumen VG30 Bulk

Refinery

EX - Chennai

₹77,952/MT
16.34 %2 days ago

Bitumen VG40 Bulk

Refinery

EX - Panipat

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Bitumen VG30 Bulk

Refinery

EX - Panipat

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Bitumen VG40 Bulk

Refinery

EX - Haldia

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EX - Haldia

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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

Top Category

Energy & Petroleum Most Viewed Prices

Bitumen VG40 Bulk

Refinery

EX - Chennai

₹83,922/MT16.78 %2 days ago

Bitumen VG30 Bulk

Refinery

EX - Chennai

₹77,952/MT16.34 %2 days ago

Bitumen VG40 Bulk

Refinery

EX - Panipat

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Bitumen VG30 Bulk

Refinery

EX - Panipat

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Bitumen VG40 Bulk

Refinery

EX - Haldia

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Bitumen VG30 Bulk

Refinery

EX - Haldia

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Tension in Strait of Hormuz: Oil Convoy Halted by IRGC

India’s Ethanol Boom Is Outpacing Its Cars, Why Flex Fuel Vehicles Are Now an Economic Imperative

Another Indian oil tanker crosses Hormuz as Iran shuts Strait for US

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India's auto sector faces risks if West Asia conflict prolongs: FADA

ISMA Pushes Back on Draft CAFE-3 Norms, Seeks Stronger Flex-Fuel Vehicle Incentives

Khulna region reels under severe load-shedding amid energy crunch

Asean refineries shut units and cut output in fight for survival

Full Steam to Electric Dreams

Oil prices crater below $90 after Iran, U.S. say Strait of Hormuz temporarily open

First South Korean tanker transits alternative Red Sea route

Oil and gas prices fall as Iran reopens Hormuz; how it will impact India? What will happen to LPG crisis now?

$2 Million Per Ship: How Iran's Hormuz Toll Plan Reshapes Global Trade And India's Energy Security

Ukraine’s long-range strikes prompt new Russian threat against Europe

Green power boost, record forex reserves: India shows how to offset Iran war-linked oil and gas crisis

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Petroleum Products Market

Industrial Petroleum Products

Energy & Petroleum FAQs

Tell Us Your RequirementsBest Rates | Working Capital | Delivery Anywhere

₹83,922/MT
16.78 %2 days ago

₹77,952/MT
16.34 %2 days ago

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Mideast war weighs on petrochemical sector
5
3

India: Coal ministry launches 15th auction, offers 17 blocks to boost output
8
13

The jet-fuel surge is making global flight connections disappear
2
12

US Rockies gas: right place, right time, right economics
2
17