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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
