News & Events

DME AUCTIONS: A PREMIUM OF $3.69 PER BARREL OVER JUNE OSP FOR 1 MILLION BARRELS OF OMAN CRUDE
19 Apr 2022
43.6 million barrels auctioned, generating $21.69 million in premiums The Ministry of Energy and Minerals (MEM) in Oman sold a cargo of 1 million barrels of Oman crude via DME…
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DME & GX Sign MOU to drive development of the region crude oil and refined products futures
28 Jun 2021
Dubai Mercantile Exchange (DME) and General Index Limited (GX) today signed a Memorandum of Understanding (MoU) in a move to further drive the growth and development of energy risk management…
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DME REACHES SIGNIFICANT NEW MILESTONE OF 2.5 BILLION BARRELS DELIVERED THROUGH THE EXCHANGE
21 Jun 2021
Dubai Mercantile Exchange (DME) has passed a new milestone with 2.5 billion barrels of crude oil delivered since its inception in 2007.   The increased interest in DME over the…
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Dubai Mercantile Exchange introduces ACE – a new platform to trade multiple crude grades via the exchange
05 Apr 2021
For the first time, Dubai, Upper Zakum, Murban, Oman, Basrah Light, Basrah Heavy and Al Shaheen will be available on one platform as differentials against DME Oman Sour Crude Futures…
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Dubai Mercantile Exchange Signs MoU with Kpler  to Deliver Enhanced Market Intelligence
13 Oct 2020
Dubai, UAE, 13 October, 2020 – Dubai Mercantile Exchange (DME), the premier international energy futures and commodities exchange in the Middle East, has signed a Memorandum of Understanding (MoU) with…
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DME Oman crude up over 100% since historic production cuts implemented
18 May 2020
Dubai, UAE – 18 May 2020: Oman crude oil Benchmark trading on Dubai Mercantile Exchange has doubled in price since the record cuts agreed by the OPEC+ group and other…
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Oman crude oil average $63.96 in 2019 – decade average $77.70
31 Dec 2019
Tuesday, December 31, 2019: Oman crude oil trading on the Dubai Mercantile Exchange averaged $63.96 per barrel in 2019, a fall of around $6/b, or close to 9%, compared to…
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DME Oman to Price Kuwaiti Crude Oil from February 2020
25 Dec 2019
DME Oman to Price Kuwaiti Crude Oil from February 2020   The move reinforces DME’s position as a key benchmark for Gulf crude oil   Dubai, UAE – 25 December…
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