Bitumen Price ₹44-54K/MT VG 30 40

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

₹77,162/MT
0 %7 hours ago

Bitumen VG30 Bulk

Refinery

EX - Chennai

₹70,622/MT
0 %7 hours 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

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Energy & Petroleum Most Viewed Prices

Bitumen VG40 Bulk

Refinery

EX - Chennai

₹77,162/MT0 %7 hours ago

Bitumen VG30 Bulk

Refinery

EX - Chennai

₹70,622/MT0 %7 hours 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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Strait of Hormuz vessel crossings extend slide on fresh US-Iran attacks

Oil Prices Climb as U.S.-Iran Conflict Shows No Signs of Slowing

Rystad Warns 2.5MM Bpd of Saudi Oil is at Risk

Indian Refiners Halt Iraq Oil Loadings

Norway Monthly Gas Output Up

Oil Climbs as Shipping Threats Grow

European financial and chemicals markets resilient in face of feedstock pressure

US Crude Oil Inventories Build As Hormuz Shipping Headache Drags On

U.S. Says China Has Slashed Iranian Oil Purchases by 40%

After Hormuz, Gate of Tears may make the world cry. What about India?

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IMF Flags Higher Oil Price As Key Risk to India’s GDP Growth

Oil Prices Top $90 as Kuwaiti Tanker Hit in Strait of Hormuz

India Keeps Buying Russian Oil at Near-Record Pace Despite Expired Waiver

The Commodities Feed: Oil stabilises despite Houthis’ Red Sea threat

Oil prices dip as traders weigh U.S.-Iran conflict, Houthi’s Saudi blockade threat

How a Houthi blockade in the Red Sea threatens global energy supplies

Core sector growth hits five-month high of 5 percent in June

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Centre Rules Out Return to Pure Petrol as E20 Saves Rs 1.97 Lakh Crore in Oil Imports, Says No Widespread Vehicle Damage

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Trump to impose additional 50% tariffs on some Canadian goods
4
10

Karnataka Speeds Solar Pumps For Rural Energy
9
14

Hydrogen rail signals clean energy leap
3
19

India’s AC Efficiency Norms Improve but Lag Behind World Leader Japan
11
5