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
9.91 %7 hours ago

Bitumen VG30 Bulk

Refinery

EX - Chennai

₹70,622/MT
9.02 %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/MT9.91 %7 hours ago

Bitumen VG30 Bulk

Refinery

EX - Chennai

₹70,622/MT9.02 %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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Oil jumps over 2% as US-Iran tensions threaten Hormuz, Red Sea supply routes

PM Modi says railway electrification shielded India from West Asia oil disruptions

Fossil generation ‘substituted’ by renewables in 2025 amid electricity tipping point

Reuters: Russia asks India to boost gasoline deliveries

Indian Fuel Demand Rises in July Amid Varied Monsoon Impact

Govt Admits E20 Reduces Mileage, Ethanol Surplus Spurs Export Push Amid E20 Backlash

Petroleum markets responded to disruptions in the Middle East in the second quarter

India Hikes Diesel and Jet Fuel Export Tax

Asian refiners may be the surprise winners of fresh fuels crunch

IEA Warns World Has Just Weeks to Avoid Hormuz Economic Shock

U.S. Strikes Iran-Linked Tanker Near Kharg Island

Iran overplaying its hand on Hormuz? A new game has just begun in West Asia oil scene

Crude Oil Inventories Fall Less Than Expected, Impacting Market Sentiment

India raises windfall tax on diesel, ATF exports; cuts levy on petrol exports

The Commodities Feed: Renewed US-Iran tensions unnerve oil market

United Arab Emirates Oil Output Highest since 2020

Iran Instructs Houthis to Prepare Red Sea Shipping Attacks

Oil market absorbs war shock through buffers, but stocks run thin: IMF

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₹77,162/MT
9.91 %7 hours ago

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9.02 %7 hours ago

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Why was Scotland's only oil refinery being closed?
8
11

India's Power Sector Poised for Robust Growth in 2026
3
4

Robust demand powers strong sector outlook: Report
7
19

Waaree Energies Bags 212 MW Solar Module Order
3
7