News & Events

DBS Bank Singapore Receives Approval to Issue Letters of Credit for Trading on DME
29 Jun 2015
DBS Bank Singapore Receives Approval to Issue Letters of Credit for Trading on DME First Singapore Bank to be approved by the DME                                                                            Dubai, June 29, 2015 – The…
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DME Oman Crude Oil settled above $60/b for the first time in four months
16 Apr 2015
DME Oman Crude Oil settled above $60/b for the first time in four months Dubai, 16 April 2015 - Oman crude oil prices on the Dubai Mercantile Exchange settled above $60/b for…
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DME Reaches Significant New Milestone of 8 Billion barrels Traded on the Exchange
31 Mar 2015
Dubai, 31 March 2015 - Dubai Mercantile Exchange (DME) announced today that it has now reached the 8 billion barrel mark, with a total of 8 million contracts (eqv. 8 billion…
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DME Congratulates CEO On New Responsibilities
09 Mar 2015
DME Congratulates CEO On New Responsibilities Dubai, 9 March 2015 - Dubai Mercantile Exchange (DME) announced today that its chief executive Christopher Fix will be taking up new responsibilities from…
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ING Bank N.V. Approved to Issue Letters of Credit for DME Trading from Singapore
21 Jan 2015
Dubai, 21 January 2015 - Dubai Mercantile Exchange (DME) announced today that ING Bank N.V., Singapore Branch has been approved to issue Letters of Credit (LCs) for trading on DME directly…
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33 % Growth in Trading Volumes Recorded by DME in 2014
12 Jan 2015
19,936,000 barrels of Oman crude oil traded on DME in 2014 compared to 1,600,918,000 barrels in 2013 Dubai, 12 January 2015 - The Dubai Mercantile Exchange (DME), the premier international…
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Oman Crude Oil below $50/b, down 55% from 2014 peak
06 Jan 2015
Dubai, 6 January 2015 - Oman crude oil prices on the Dubai Mercantile Exchange tumbled to under $50/b for the first time in more than 5 years, as the 2014…
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Mizuho Bank Becomes First Japanese bank to be approved to Issue Letters of Credit for DME from Singapore
06 Jan 2015
Dubai, 6 January 2015 - Dubai Mercantile Exchange (DME) announced today that Tokyo-headquartered Mizuho Bank has been approved to issue Letters of Credit (LCs) for trading on DME directly from…
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