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FinancialNews


  • 05-09-18

    Dubai Mercantile Exchange introduces 8 oil listings

    (MENAFN) Dubai Mercantile Exchange (DME) was declared to have introduced eight new oil listings after conducting a regulatory assessment.

    Oman Crude Oil/Platts Dubai Crude Oil Futures contract was unveiled to be included in the new products of which DME is to provide.

    It comes after Saudi Aramco decided to alter its calculation methods of its Official Selling Price from, starting October 1st.

    DME chairman Ahmad Sharaf stressed that "the new listings are the next step in the natural evolution of the DME and exchange-traded products across the Asian markets, helping customers to hedge physical pricing exposure on both crude oil and refined products."

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