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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

₹78,000/MT
0 %13 hours ago

Bitumen VG30 Bulk

Imported

EX - Pithampur

₹75,500/MT
0 %13 hours ago

Bitumen VG30 Bulk

Imported

EX - Mangalore

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Bitumen VG30 Drum

Imported

EX - Mundra

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Bitumen VG30 Bulk

Imported

EX - Mathura

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Bitumen VG30 Bulk

Imported

EX - Karwar

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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

₹78,000/MT0 %13 hours ago

Bitumen VG30 Bulk

Imported

EX - Pithampur

₹75,500/MT0 %13 hours ago

Bitumen VG30 Bulk

Imported

EX - Mangalore

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Bitumen VG30 Drum

Imported

EX - Mundra

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Bitumen VG30 Bulk

Imported

EX - Mathura

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Bitumen VG30 Bulk

Imported

EX - Karwar

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Pakistan Looks to Import Crude Oil from Libya to Diversify Supply

Oil Stuck Between Middle East Escalation and Russia-Ukraine Energy Truce

The Commodities Feed: Oil lower despite Middle East escalation

West African differentials drop with high freight, growing competition

BMI Predicts Brent Crude Will Remain Above $100 for Months

Energy Market Mistaking Adaptation for Normalization

Saudi Says Energy Export Capability Intact

Japan Urges Asia to Build Up Oil Reserves as Middle East Risks Mount

Supertanker Rates Slip From Record Highs

Two More Oil Tankers Attacked Near Strait of Hormuz

Trump faces growing backlash over plans to import diesel from Russia

No change to fuel prices for fourth week in a row

Record price for physical Brent shows how badly the world wants oil now

Crude oil futures brace for volatility amid geopolitical uncertainties: Analysts

What the Iran war has done to the world’s energy supply, in charts

Aiming at Self-Sufficiency, TN to Focus on Green Energy Along With Thermal Power

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MP and former FS Shringla highlights significance of Russian oil supplies in interests of India’s 1.4 billion people and keeping global energy prices under control

US releases 4 million barrels from strategic oil reserves for ExxonMobil, BP amid Hurricane Isaias disruptions

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Petroleum Products Market

Industrial Petroleum Products

Energy & Petroleum – Frequently Asked Questions

₹78,000/MT
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₹75,500/MT
0 %13 hours ago

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Why the US Oil Reserve Release Exposes a Fragile Energy System
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India’s petroleum product exports help reduce US dollar burn
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Russian Oil Imports Shield India’s Energy Security as US Talks Stall
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Tamil Nadu Power Procurement Plan Adds 1,500 MW From 2027
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Trontek Expands Into Battery Energy Storage Systems
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