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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 VG30 Drum

Imported

EX - Kandla

₹71,000/MT
5.33 %16 hours ago

Bitumen VG30 Drum

Imported

EX - Mundra

₹71,000/MT
5.02 %16 hours ago

Bitumen VG30 Bulk

Imported

EX - Mathura

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Bitumen VG40 Bulk

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EX - Mathura

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Bitumen VG40 Drum

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EX - Kandla

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EX - Mundra

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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 – 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

₹71,000/MT5.33 %16 hours ago

Bitumen VG30 Drum

Imported

EX - Mundra

₹71,000/MT5.02 %16 hours ago

Bitumen VG30 Bulk

Imported

EX - Mathura

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Bitumen VG40 Bulk

Imported

EX - Mathura

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Bitumen VG40 Drum

Imported

EX - Kandla

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Bitumen VG40 Drum

Imported

EX - Mundra

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Trade deficit likely to widen in September on higher oil imports, pre-festive demand: Emkay

Equinor Targets 15 Million Tons of LNG as Qatar Exports Stay Blocked

Russia Extends Diesel Export Ban Through October

Market Expectations Shift Towards Prolonged USA-Iran Conflict

Strong crude lifts Asia petrochemicals despite poor demand

UK August inflation rises as higher crude drives up motor fuel costs

Japan’s Oil Import Bill Soars 59% as Trade Deficit Deepens

Japanese Refiners Rush for Oman Crude After Saudi Pipeline Shutdown

Why Asia and Europe Are Turning to U.S. Crude Oil

Will Saudi’s pipeline outage revive the oil market deficit? HSBC weighs in

US crude shipping costs to China hit record as Middle East war disrupts oil flows

Hormuz Shipping Traffic Remains Stuck in Single Digits

China Could Curb Fuel Exports as Diesel and Gasoline Stocks Sink

How the great gas crisis of 2030 will play out

As the oil surge continues, trader Mike Khouw sees more upside in this surging name

Asia faces dual hit of $100/b oil, supply crunch that threaten demand, energy security

Pipeline Bactericide Treatments Market To 2035: Rising Pipeline Flows Drive 4-6% CAGR - News and Statistics

Colombia Risks Gas and Power Rate Surge as Exploration Falls 43%

Energy shortages trigger new round of global market volatility - Nomura

Japan Faces Hard Choices in Weaning off Russian Energy - The Diplomat – Asia

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Petroleum Products Market

Industrial Petroleum Products

Energy & Petroleum – Frequently Asked Questions

₹71,000/MT
5.33 %16 hours ago

₹71,000/MT
5.02 %16 hours ago

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Oil’s safety net is fraying as Saudi Arabia races to restart a key pipeline
1
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Why India gains at the BRICS table
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Naidu asks BPCL to expedite Ramayapatnam refinery project
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Copper dazzle dull margins for EV, consumer and engineering goods
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Upcoming Hero Motorcycles In India: Xpulse 421 To Karizma XMR 250
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5