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 Drum

Imported

EX - Kandla

₹78,000/MT
0 %20 hours ago

Bitumen VG30 Bulk

Imported

EX - Pithampur

₹75,500/MT
0 %20 hours ago

Bitumen VG30 Bulk

Imported

EX - Mangalore

Login To View

Bitumen VG30 Drum

Imported

EX - Mundra

Login To View

Bitumen VG30 Bulk

Imported

EX - Mathura

Login To View

Bitumen VG30 Bulk

Imported

EX - Karwar

Login To View

View All

Copper Advances as Dollar Weakens

India sourced more than two-thirds of its August oil imports from just three countries

Government extends zero customs duty on key petrochemical imports till July 15

Europe's Gas Prices Close to 2022 High as Hormuz LNG Flows Remain Limited

"Moving towards much more intensive EandP phase": Hardeep Singh Puri unveils major offshore and coal bed methane push

US-Russia Diesel Deal Gives India Leverage on Russian Oil

How route diversification could strengthen global energy security

Oil prices retreat as investors weigh supply outlook, West Asia tensions

China's energy push set to fuel long-term global energy resilience

Ukraine to Resume Russian Oil Refinery Strikes After Failed Energy Ceasefire

Crude Oil Inventories Plunge, Surpassing Expectations

Oil prices sink on report of easing U.S. sanctions; IEA release plans in focus

IMF Warns of Worldwide Fallout as Attacks on Saudi Arabia Escalate

Oil Prices Fall as Trump Considers Easing Sanctions on Shadow Fleet Tankers

Govt may raise fuel prices in November, top economist says

Europe’s Gas Prices Close to 2022 High as Hormuz LNG Flows Remain Limited

Angola Seeks to Keep Oil Output Above 1MM Barrels a Day

IEA Says UAE Oil Output Surged to Records in September

Saudi Aramco Headquarters Suffers Extensive Damage In Houthi Attack; Why India Faces Fresh Oil Supply Concerns

Crude oil prices above $100 a barrel: Why HPCL, IOCL and BPCL could face earnings pressure, experts decode

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 Drum

Imported

EX - Kandla

₹78,000/MT0 %20 hours ago

Bitumen VG30 Bulk

Imported

EX - Pithampur

₹75,500/MT0 %20 hours 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

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

Bitumen VG30 Bulk

Imported

EX - Mathura

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

Bitumen VG30 Bulk

Imported

EX - Karwar

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

Copper Advances as Dollar Weakens

India sourced more than two-thirds of its August oil imports from just three countries

Government extends zero customs duty on key petrochemical imports till July 15

Europe's Gas Prices Close to 2022 High as Hormuz LNG Flows Remain Limited

"Moving towards much more intensive EandP phase": Hardeep Singh Puri unveils major offshore and coal bed methane push

US-Russia Diesel Deal Gives India Leverage on Russian Oil

How route diversification could strengthen global energy security

Oil prices retreat as investors weigh supply outlook, West Asia tensions

China's energy push set to fuel long-term global energy resilience

Ukraine to Resume Russian Oil Refinery Strikes After Failed Energy Ceasefire

Crude Oil Inventories Plunge, Surpassing Expectations

Oil prices sink on report of easing U.S. sanctions; IEA release plans in focus

IMF Warns of Worldwide Fallout as Attacks on Saudi Arabia Escalate

Oil Prices Fall as Trump Considers Easing Sanctions on Shadow Fleet Tankers

Govt may raise fuel prices in November, top economist says

Europe’s Gas Prices Close to 2022 High as Hormuz LNG Flows Remain Limited

Angola Seeks to Keep Oil Output Above 1MM Barrels a Day

IEA Says UAE Oil Output Surged to Records in September

Saudi Aramco Headquarters Suffers Extensive Damage In Houthi Attack; Why India Faces Fresh Oil Supply Concerns

Crude oil prices above $100 a barrel: Why HPCL, IOCL and BPCL could face earnings pressure, experts decode

Market News

Live News

IEA accelerates oil stock release, plans over 20 mil barrels of diesel.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}6.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}5.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}

India’s uranium dilemma: Between nuclear ambition and local anxiety .css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}9.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}20.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}

EV Retrofitted Fishing Vessel Launches Today .css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}2.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}20.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}

OfBusiness App

Petroleum Products Market

Industrial Petroleum Products

Energy & Petroleum – Frequently Asked Questions

₹78,000/MT
0 %20 hours ago

₹75,500/MT
0 %20 hours ago

Login To View

Login To View

Login To View

Login To View

IEA accelerates oil stock release, plans over 20 mil barrels of diesel
6
5

India’s uranium dilemma: Between nuclear ambition and local anxiety
9
20

EV Retrofitted Fishing Vessel Launches Today
2
20