Friday 29 March 2024
 
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Dubai Mercantile Exchange

DME sets open interest record of 69.2m barrels of crude

Dubai Mercantile Exchange (DME), the premier international energy futures and commodities exchange in the Middle East, has reported a new exchange-wide open interest record of 69,183 lots on May 31. This total is equivalent to alm

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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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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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