Friday 26 April 2024
 
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Oman Crude

DME bids to ease registration for Chinese refineries

DME, a top energy futures and commodities exchange, recently held a roundtable to support Chinese independent oil refineries in registering and setting up DME accounts to trade Oman Crude Oil Futures for hedging and deliveries. Th

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DME sets new record of 9bn barrels of crude trade

The Dubai Mercantile Exchange (DME) has reached the nine billion barrel mark in crude oil trade, with a total of nine million contracts traded on the Exchange. So far this year, the Exchange has seen a major uptick in the number o

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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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Oman crude rebounds; Espo remains steady

Values in the Middle East crude market strengthened on Wednesday as Oman crude futures rebounded above $3 a barrel, snapping three sessions of losses.    Trading of physical cargoes for January delivery is expected to start

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Oman crude rebounds; Espo remains steady

Values in the Middle East crude market strengthened on Wednesday as Oman crude futures rebounded above $3 a barrel, snapping three sessions of losses.    Trading of physical cargoes for January delivery is expected to start

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Oman crude may become Asia sweet, sour benchmark

Oman crude futures traded on the Dubai Mercantile Exchange (DME) will become the main benchmark for Asian markets of both sour and sweet grades, says DME shareholder CME Group. Middle East producers of sour crude have for years sought alte

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Oman crude may become Asia sweet, sour benchmark

Oman crude futures traded on the Dubai Mercantile Exchange (DME) will become the main benchmark for Asian markets of both sour and sweet grades, says DME shareholder CME Group. Middle East producers of sour crude have for years sought alte

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DME hits record volume in March

The Dubai Mercantile Exchange (DME) saw record average daily volumes for its Oman crude oil futures contract in March, it said in a statement on Wednesday. The volume of trading for March reached 2,369 lots, up nearly 15.5 per cent from it

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DME sets trading record

The Dubai Mercantile Exchange Limited (DME) set volume records for both exchange-wide trading and for its benchmark Oman Crude Oil Futures Contract yesterday (September 04). At 5:15 PM New York time, trading volumes on the DME totalled 8,

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DME debuts Oman crude oil futures

The Dubai Mercantile Exchange launched its Oman crude futures on Friday, going head to head with rival IntercontinentalExchange (ICE) in the competition for the dominant Middle East sour crude contract. At stake is a market linked to the r

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