At 24:00 Beijing time on February 19th, the domestic refined oil price adjustment window will reopen. Based on predictions from multiple institutions, this round of price cuts is a foregone conclusion, and oil prices are expected to experience their first drop of the year. According to Longzhong Information, as of February 17th, the average reference crude oil price was 74.84 US dollars per barrel, a decrease of 3.52% compared to the previous cycle. It is expected that when the price adjustment window opens, the corresponding reduction in refined oil prices will be about 170 yuan per ton. This round of reduction is a foregone conclusion and marks the first decline in 2025. Based on a 70 liter fuel tank, private car owners will save about 8.5 yuan by filling up one tank.
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