Skip to main content Skip to footer Vision 2030 initiatives expected to boost non-oil growth by 10 percent in the Kingdom
This follows the July 2024 Al-Nokhatha field discovery, with reserves of 3.2 billion barrels
West Texas Intermediate crude futures saw a 0.9 percent decline, reaching $76.69 per barrel
West Texas Intermediate crude futures also rose by 0.2 percent to $77.56 per barrel
Crude oil WTI futures expiring in March rose 0.5 percent to $78.24 a barrel
The 2026 outlook matches OPEC's long-term view that oil consumption will keep increasing over the next two decades
Crude oil WTI futures expiring in March rose 0.4 percent to $79.01 a barrel
Crude oil WTI futures expiring in March inched up 0.1 percent to $76.45 a barrel
IMF and OECD estimate that global growth could hit 3.2 to 3.3 percent this year
Crude oil WTI futures for March also fell by 0.3 percent, reaching $77.12 per barrel
The distinguished partners for ADSW 2025 include DoE, ADNOC, WWT, EGA, and EMSTEEL
Crude oil WTI Futures expiring in March increased by 1.7 percent, hitting $77.06 a barrel
Brent oil futures set to expire in March climbed by 0.4 percent to reach $77.22 per barrel
Brent crude futures for March delivery decreased by 0.5 percent, settling at $75.79 per barrel
West Texas Intermediate crude futures also rose by 0.5 percent to $73.97 a barrel
The minister announced plans to launch a Mineral Resources Portal and offer mining areas for investment in 2025
U.S. West Texas Intermediate (WTI) crude dropped by 15 cents, or 0.19 percent, to $73.42
Amid demand optimism and dollar strength
Both oil contracts are on track to achieve a second consecutive weekly increase
Non-oil sector grew 6.6 percent, showcasing the emirate's strong economic momentum
Crude oil WTI futures for February delivery also surged 0.7 percent to $71.75 per barrel
Since 2015, the UAE diesel and petrol prices have been moving in line with the international markets.
WTI futures for February delivery also saw a 0.7 percent increase, reaching $71.05 per barrel
U.S. West Texas Intermediate crude saw an 8-cent decline, bringing it to $70.52 a barrel