News & Events

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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Dubai Mercantile Exchange signs MoU with BSE to explore cooperation on India’s commodity derivatives market
23 Oct 2018
Dubai, UAE, x October, 2018 – Dubai Mercantile Exchange (DME), the premier international energy futures and commodities exchange in the Middle East, has signed a memorandum of understanding (MoU) with…
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NOVEMBER  BASRAH LIGHT CARGO SOLD AT OSP +$0.20: DME AUCTIONS
22 Oct 2018
Iraq’s National Oil Company SOMO Monday sold a 2-million barrel cargo of Basrah Light via DME Auctions, achieving a premium of $0.20 per barrel over the November Basrah Light Official…
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DME welcomes H.E. Suhail Al Mazrouei, Energy and Industry Minister, UAE
16 Sep 2018
Dubai, UAE, 16 September, 2018 - Dubai Mercantile Exchange (DME), the premier international energy futures and commodities exchange in the Middle East was honored Wednesday to welcome H.E. Suhail Al…
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DME Launches Eight New Oil Contracts
04 Sep 2018
Dubai, UAE, 4 September, 2018 - Dubai Mercantile Exchange (DME), the premier international energy futures and commodities exchange in the Middle East announced the launch of eight new oil listings,…
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DME sets a new Open Interest record of 71.6 million barrels of crude oil
31 Jul 2018
Dubai, UAE, 31 July, 2018 - Dubai Mercantile Exchange (DME), the premier international energy futures and commodities exchange in the Middle East, reported a new exchange-wide open interest record of…
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Saudi Aramco rebalances its Asia crude oil benchmark
04 Jul 2018
DHAHRAN, July 04, 2018 Saudi Aramco announced that it is adjusting its Asia crude oil pricing marker in an effort to increase the overall reliability of its crude oil pricing.…
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