Saturday 25 November 2017
 
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Dubai Mercantile Exchange

Somo to sell second Basrah Light cargo on DME

Iraq’s State Organization for Marketing of Oil (Somo) is set to sell a second Basrah Light cargo on the auction platform of Dubai Mercantile Exchange (DME), following the success of the first auction, said a top official. Tw

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Somo to sell second Basrah Light cargo on DME

Iraq’s State Organization for Marketing of Oil (Somo) is set to sell a second Basrah Light cargo on the auction platform of Dubai Mercantile Exchange (DME), following the success of the first auction, said a top official. Tw

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DME sees 20pc growth in 2016 delivery volumes

The Dubai Mercantile Exchange (DME), the leading commodities exchange in the Middle East, has recorded a 20 per cent increase year-on-year in physical delivery volumes during 2016. DME registered the highest physical delivery in t

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DME reaches 10 billion barrels mark

The Dubai Mercantile Exchange (DME) today (May 12) crossed the 10 million contracts mark, with a total of 10 billion barrels of Omani crude oil traded on the Exchange since inception. The milestone comes after DME has registered a

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DME sets multiple records in January

Dubai Mercantile Exchange (DME), a major energy futures and commodities exchange in the Middle East, has announced a set of records for January including a new record for physical delivery volumes of 27.3 million barrels for March loading.

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DME sets new record for Oman crude futures

Dubai Mercantile Exchange (DME), a top energy futures and commodities exchange in the Middle East, has announced a new open interest record for its flagship Oman Crude Oil Futures contract of 27,109 lots, which is equivalent to 27.1 million barr

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DME registers first China-based clearing member

Dubai Mercantile Exchange (DME), a premier energy futures and commodities exchange in the Middle East, Nanhua USA, a futures brokerage firm, has become the first China-headquartered clearing member of the DME. The move assumes sig

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DME Oman crude oil hits 4-month high

Oman crude oil prices on the Dubai Mercantile Exchange settled above $60 per barrel for the first time in four months, as prices continued to climb on signs of a slowdown in US shale oil production. Front-month June DME Oman futur

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DME hits record 8m barrels trading in March

The Dubai Mercantile Exchange (DME) has announced that it reached the eight billion barrel mark in March, with a total of eight million contracts (equivalent 8 billion barrels) traded on the exchange. The increased interest in DME

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DME posts 33pc growth in 2014 trading volumes

The Dubai Mercantile Exchange (DME), the premier international energy futures and commodities exchange in the Middle East, has posted a 33 per cent growth in trading volumes in 2014 to average 8,431 lots per day. Over 160 differen

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