News & Events

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 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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Oman crude oil price up around 100% from January 2016 lows
07 Jun 2016
The price of Oman crude oil on the Dubai Mercantile Exchange has increased around 100% from the multi-year lows set during January, as the upwards momentum continued.   Front-month July…
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DME holds roundtable for Chinese independent oil refineries
30 May 2016
Event supports the registration process for refineries to trade Oman Crude Oil Futures on DME for risk management and procurement   DME, the premier international energy futures and commodities exchange…
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ABN AMRO to Issue Letters of Credit for DME Trading from Singapore
25 May 2016
DME, the premier international energy futures and commodities exchange in the Middle East, announced today that ABN AMRO Bank N.V. has been approved to issue Letters of Credit (LCs) for…
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DME Announces First Fujairah Fuel Oil Trade
23 May 2016
Dubai, May 23, 2016 - The first trade in Middle East fuel oil derivatives has taken place on the DME, the leading east of Suez energy exchange.   DME recently…
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DME reaches the 10 billion barrels mark
12 May 2016
The exchange posts 11% increase in trading volumes till date in 2016   The Dubai Mercantile Exchange (DME) today crossed the 10 million contracts mark, with a total of 10…
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First independent Chinese refiner trades DME Oman
04 May 2016
Dubai, UAE, May 4, 2016 - Shandong Chambroad Petrochemicals Co., has become the first independent Chinese refiner to trade Oman crude oil futures on the DME, the leading east of…
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