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…
Dubai, UAE – 8 September 2019: Dubai Mercantile Exchange (DME), the premier international energy futures and commodities exchange in the Middle East, today announced the approval of Macquarie Futures USA…
Dubai, UAE – 01 September 2019: Oman’s Ministry of Oil and Gas (MOG) sold a cargo of Oman blend crude via DME Auctions, achieving a strong premium above the Official…
Dubai, UAE – 31 July 2019: Oman’s Ministry of Oil and Gas (MOG) sold a cargo of Oman blend crude via DME Auctions on Wednesday, achieving a strong premium above…
DME records strong growth in forward trading; record number of participants
· Average Daily Volume (ADV) in forward curve up 45% during Q2 versus Q1
· Record number of…
Increased activity in forward months reflects a sharp increase in commercial hedging of the DME Oman benchmark
Dubai, UAE – 04 March 2019: Dubai Mercantile Exchange (DME), the premier international…
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.…
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…
