News & Events

DME Approves Direct Access USA as A New Clearing Member
02 Jan 2020
DME Approves Direct Access USA as A New Clearing Member Dubai, UAE – 02 January 2020: Dubai Mercantile Exchange (DME), the premier international energy futures and commodities exchange in the…
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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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IMO 2020 - Impact on Middle East crude benchmarks
05 Dec 2019
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.…
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DME Registers 21% Increase in Exchange Trading Volume and 172% in Forward Curve Trading
12 Nov 2019
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,…
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Shipping Sanctions Cause Havoc for Oil Markets
04 Nov 2019
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)…
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2 Million Barrels of Oman Blend Crude Sold at a Premium of $0.25 over December OSP at DME Auctions
21 Oct 2019
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)…
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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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