News & Events

September oil markets calmed by Saudi reassurances on supplies
02 Oct 2019
The September 14 attacks on Saudi Arabian key oil processing facilities sent shockwaves through global oil pricing in what was one of the most volatile periods ever recorded, as markets…
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DME Welcomes Macquarie Futures USA as Clearing Member
08 Sep 2019
Dubai, UAE – 8 September 2019: Dubai Mercantile Exchange (DME), the premier international energy futures and commodities exchange in the Middle East, today announced the approval of Macquarie Futures USA…
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DME AUCTIONS: NOVEMBER 2019 OMAN CARGO SOLD AT OSP +$0.18
01 Sep 2019
Dubai, UAE – 01 September 2019: Oman’s Ministry of Oil and Gas (MOG) sold a cargo of Oman blend crude via DME Auctions, achieving a strong premium above the Official…
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DME AUCTIONS: October Oman Cargo Sold at OSP +$0.20
31 Jul 2019
Dubai, UAE – 31 July 2019: Oman’s Ministry of Oil and Gas (MOG) sold a cargo of Oman blend crude via DME Auctions on Wednesday, achieving a strong premium above…
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DME records strong growth in forward trading; record number of participants
30 Jul 2019
DME records strong growth in forward trading; record number of participants   ·         Average Daily Volume (ADV) in forward curve up 45% during Q2 versus Q1  ·         Record number of…
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DME sees 160% growth in forward trading
05 Mar 2019
Increased activity in forward months reflects a sharp increase in commercial hedging of the DME Oman benchmark Dubai, UAE – 04 March 2019: Dubai Mercantile Exchange (DME), the premier international…
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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 formula to include the DME Oman benchmark.…
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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 the SOMO Official Selling Price (OSP) for November. The…
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