Trading DME Contracts

Singapore Fuel Oil 180 cst (Platts) vs DME Oman/Platts Dubai Crude Oil (1,000mt) Crack Spread Futures (DUA)

Trading Unit
6,350 barrels (1,000 metric tons)

Price Quotation
U.S. dollars dollars and cents per barrel

Trading Symbol on Globex

Trading Hours
Sunday - Friday 5:00 p.m. - 4:00 p.m. (6:00 p.m. - 5:00 p.m. ET) with a 60-minute break each day beginning at 4:00 p.m. (5:00 p.m. ET).
Singapore is 14 hours ahead of CST and Dubai is 10 hours ahead. The time difference is reduced by one hour when CDT is in effect. Neither Dubai nor Singapore observe Daylight Savings Time.

Trading Months
Current year + 2 consecutive years

Minimum Price Fluctuation
$0.001 per barrel ($1.00 per contract)

Floating Price
The Floating Price for each contract month is equal to the arithmetic average of the mid-point of the high and low quotations of "Fuel Oil 180CST" FOB Spore ($/barrel) by Platts as published in the Asia-Pacific Arab Gulf Marketscan minus the average of the sum of the arithmetic average of the DME Oman Crude Oil Futures first nearby contract Market Price calculated as of 16:30 (Singapore time) and the arithmetic average of the mid-point between the high and low quotations for the Platts Dubai Crude Oil assessment as published in the Daily Crude Oil Marketwire for each Trading Day during the contract month (using non-common pricing). For the purposes of determining the Floating Price for the Platts 180CST Singapore Fuel Oil price will be converted each day to US dollars and cents per barrel, rounded to the nearest cent. The conversion factor will be 6.35 barrels per metric ton.

Final Settlement Price
Final settlement, following termination of trading for a contract month, will be based on the Floating Price. The final settlement price will be the Floating Price calculated for each contract month.

Last Trading Day
Trading shall cease on the last Singapore business day of the contract month. 

Settlement Type

Rulebook Chapter


Please visit the DME holiday calendar at and the Platts trading schedule at


See Legal Disclaimers (“DISCLAIMERS”) incorporated herein by reference.