News & Events

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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DME Welcomes Macquarie Futures USA as Clearing Member
08 Sep 2019
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…
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DME AUCTIONS: NOVEMBER 2019 OMAN CARGO SOLD AT OSP +$0.18
01 Sep 2019
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…
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DME AUCTIONS: October Oman Cargo Sold at OSP +$0.20
31 Jul 2019
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…
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