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…
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…
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…
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…
This coming January sees the implementation of International Marine Organization (IMO) 2020, mandating the shipping industry to switch to the cleaner 0.5%-sulfur bunker fuel and ditch the current 3.5%-sulfur grade.…
Dubai, UAE – 12 November 2019: Dubai Mercantile Exchange (DME), the premier international energy futures exchange in the Middle East, today announced a 21% increase year-on-year in exchange trading activities,…
Global oil markets were rocked by a second shockwave in as many months during October – this time sanctions against Chinese tanker firms and in particular COSCO Shipping Tanker (Dalian)…
41.6 Million barrels of spot cargoes sold at DME Auctions till date generating $17.8 million in premiums
Dubai, UAE – 21 October 2019: Oman’s Ministry of Oil and Gas (MOG)…
