Fuel Prices on January 20: Check Latest Petrol, Diesel Rates in Your City

• Petrol and diesel prices are updated daily at 6 AM by OMCs, reflecting global crude oil prices and currency exchange rates.
• Fuel rates in India have been stable since May 2022 due to central and state government tax reductions.
• Key factors influencing fuel prices include global crude oil prices, INR-USD exchange rates, central and state taxes, refining costs, and demand-supply dynamics.
• Consumers can check daily fuel prices via SMS by sending specific codes to numbers provided by Indian Oil, BPCL, and HPCL.
• City-wise prices for January 20, 2026, show variations, with New Delhi at ₹94.72/L for petrol and Mumbai at ₹104.21/L.

Why It Matters: Daily fuel price updates reflect global crude oil and currency changes, with taxes and demand also playing a role.