News & Events

MARCH 2018 BASRAH LIGHT CARGO SOLD AT OSP + $0.42 ON DME AUCTIONS PLATFORM
29 Jan 2018
Dubai Mercantile Exchange hosted its latest auction on Monday, January 29, 2018, on behalf of Iraq’s National Oil Company, SOMO. The 2-million barrel cargo of Basrah Light was awarded at…
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MARCH 2018 BASRAH HEAVY CARGO SOLD AT OSP + $0.31 ON DME AUCTIONS PLATFORM
24 Jan 2018
  Dubai Mercantile Exchange hosted its latest auction on Wednesday, January 24, 2018, on behalf of Iraq’s National Oil Company, SOMO. The 2-million barrel cargo of Basrah Heavy was awarded…
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March 2018 Oman Cargo sold at OSP + $0.15 on DME Auctions platform
04 Jan 2018
More than 25 million barrels of crude oil auctioned on DME in 2017   Dubai Mercantile Exchange hosted its 2018 first auction on Thursday 4 January, on behalf of Oman’s Ministry of…
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SOMO reaches 20 million barrel milestone on DME Auctions
24 Oct 2017
Dubai Mercantile Exchange hosted its latest auction on Tuesday, on behalf of Iraq’s National Oil Company, SOMO – taking the total number of barrels auctioned on behalf of SOMO to…
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DECEMBER OMAN CARGO SOLD AT OSP +$0.07: DME AUCTIONS
05 Oct 2017
Dubai Mercantile Exchange hosted its latest auction on Thursday, on behalf of Oman’s Ministry of Oil and Gas (MOG)  The 2-million barrel cargo of December-loading Oman Blend crude was awarded…
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21.6 million Crude oil barrels auctioned on DME, with $13.7 million of premium generated
20 Sep 2017
The exchange concluded its latest Basrah Light auction on 20 September 2017   Dubai Mercantile Exchange, the premier international energy futures and commodities exchange in the Middle East, concluded its…
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November Basrah Heavy Cargo sold at OSP +$1.28 on DME Auctions
19 Sep 2017
Dubai Mercantile Exchange hosted its latest auction on Tuesday, on behalf of Iraq’s National Oil Company, SOMO. The 2-million barrel cargo of Basrah Heavy was awarded at a premium of…
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November Oman CARGO sold at OSP +$0.09: DME AUCTIONS
05 Sep 2017
Dubai Mercantile Exchange hosted its latest auction on Tuesday, on behalf of Oman’s Ministry of Oil and Gas (MOG)  The 1-million barrel cargo of November-loading Oman Blend crude was awarded…
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