Petrol, Diesel Prices Today: Check Dec 20 Rates & Key Factors

• OMCs update petrol and diesel prices daily at 6 AM, influenced by global crude oil and currency exchange rates.
• Fuel prices in India have largely remained unchanged since May 2022 due to central and state government tax reductions.
• Key factors influencing fuel costs include global crude oil prices, INR-USD exchange rate, central and state taxes, refining costs, and demand-supply dynamics.
• City-wise petrol and diesel rates for December 20 are provided, showing variations across major Indian cities.
• Customers can check current fuel prices via SMS using specific codes for Indian Oil, BPCL, and HPCL.

Why It Matters: Daily fuel prices are updated based on global factors, but remain stable since May 2022 due to tax cuts.