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DME debuts Oman crude oil futuresThe 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 More… |
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Dubai to utilise DME futures pricesThe Dubai Mercantile Exchange Limited (DME) announced today that the Government of Dubai will cease pricing its export crude oil sales off its current mechanism and instead utilise DME futures prices upon launch of the exchange. More… |
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Oman fund takes 30pc stake in DMEOman Investment Fund (OIF) has taken a 30 per cent stake in Dubai Mercantile Exchange Limited (DME), a joint venture between Tatweer, a member of Dubai Holding, and the New York Mercantile Exchange Inc., (Nymex). This transaction follows t More… |
