News & Events

SOMO to sell a second Basrah Light cargo on DME auction platform
23 May 2017
2 million barrels to be auctioned on 31st May for July delivery   Dubai Mercantile Exchange (DME) announced today that SOMO is set to sell a second Basrah Light cargo…
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SOMO sells 2 million barrels of Basrah Light crude oil on DME Auctions platform
30 Apr 2017
Dubai Mercantile Exchange (DME) announced that Iraq’s national oil company SOMO has successfully sold 2 million barrels of June 2017 loading crude on the “DME Auctions” platform. The auction attracted…
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DME sets new record for physical delivery volumes
06 Feb 2017
36.8 million barrels will be delivered through the Exchange in March 2017   Continuing its strong start to 2017, the Dubai Mercantile Exchange (DME), the premier international energy futures and…
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DME starts 2017 with new open interest record
01 Feb 2017
All-time record confirms growing interest and confidence in the Oman Crude Oil Futures Contract among global energy market players Dubai, February 1, 2017 - Dubai Mercantile Exchange (DME), the premier…
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DME records 20 per cent growth in physical delivery volumes in 2016 delivering over 260,000,000 barrels
11 Jan 2017
Impressive growth in trading volumes appears set to continue in 2017 with a record 29,887,000 barrels of DME Oman Crude due for delivery in February   The Dubai Mercantile Exchange…
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DME Oman Crude Oil hits 12 month high as supply glut reined in
12 Oct 2016
Dubai, 12 October 2016 –Dubai Mercantile Exchange said Tuesday that Oman crude oil breached a 12 month high of over $50 per barrel, as oil markets maintained the upward momentum…
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DME lists two new Middle East fuel oil derivatives
22 Sep 2016
Dubai, September 22, 2016 - The Dubai Mercantile Exchange (DME), the premier international energy futures and commodities exchange in the Middle East, today announced two new fuel oil contracts to…
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DME successfully concludes its latest auction of Oman crude oil
04 Jul 2016
Global crude players bid through DME Auctions for 1 million barrels of oil   Dubai, July 4, 2016 - The Dubai Mercantile Exchange (DME) announced today the success of its…
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