About DME
DME is the premier international energy futures and commodities exchange in the Middle East. Dubai Mercantile Exchange Limited (DME) is the premier energy-focused commodities exchange in the East of Suez and home to the world's third crude benchmark.   DME was launched in June 2007 with the goal of bringing fair and transparent price discovery and efficient risk management to…
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Latest News
DME Welcomes Bahrain’s Crude Oil Pricing Switch
28 Oct 2018
Dubai, UAE – 28 October 2018: Dubai Mercantile Exchange (DME) welcomed the latest Middle East oil producer to switch its crude oil pricing…
LATEST SOMO CRUDE AUCTIONS FETCH PREMIUMS OF +$0.11 AND +$0.18 ABOVE OSP: DME AUCTIONS
24 Oct 2018
Iraq’s National Oil Company SOMO Wednesday sold two more cargoes of Basrah crude oil via DME Auctions, again achieving premiums above…
Dubai Mercantile Exchange signs MoU with BSE to explore cooperation on India’s commodity derivatives market
23 Oct 2018
Dubai, UAE, x October, 2018 – Dubai Mercantile Exchange (DME), the premier international energy futures and commodities exchange in the…
NOVEMBER  BASRAH LIGHT CARGO SOLD AT OSP +$0.20: DME AUCTIONS
22 Oct 2018
Iraq’s National Oil Company SOMO Monday sold a 2-million barrel cargo of Basrah Light via DME Auctions, achieving a premium of $0.20 per…
DME welcomes H.E. Suhail Al Mazrouei, Energy and Industry Minister, UAE
16 Sep 2018
Dubai, UAE, 16 September, 2018 - Dubai Mercantile Exchange (DME), the premier international energy futures and commodities exchange in the Middle…
DME Launches Eight New Oil Contracts
04 Sep 2018
Dubai, UAE, 4 September, 2018 - Dubai Mercantile Exchange (DME), the premier international energy futures and commodities exchange in the Middle…
DME sets a new Open Interest record of 71.6 million barrels of crude oil
31 Jul 2018
Dubai, UAE, 31 July, 2018 - Dubai Mercantile Exchange (DME), the premier international energy futures and commodities exchange in the Middle…
Saudi Aramco rebalances its Asia crude oil benchmark
04 Jul 2018
DHAHRAN, July 04, 2018 Saudi Aramco announced that it is adjusting its Asia crude oil pricing marker in an effort to increase the overall reliability…
DME sets a new Open Interest record of 69.2 million barrels of crude oil
31 May 2018
Dubai, UAE, 31 May, 2018 - Dubai Mercantile Exchange (DME), the premier international energy futures and commodities exchange in the Middle…
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…