Friday 23 October 2020
 
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DME Oman

Bahrain includes DME Oman in crude pricing for Asia

The Bahrain Petroleum Company (Bapco) has announced the switch in its pricing formula to include the DME Oman benchmark for Arab Medium crude sales to Asia, which comes into effect for October 2018 loading cargoes. The move has be

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Saudi Aramco changes Asia crude price formula

Saudi Aramco, a global leader in petroleum and natural gas, has announced that it is adjusting its Asia crude oil pricing marker in an effort to increase the overall reliability of its crude oil pricing. Saudi Aramco’s long-

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DME Oman crude deliveries reach 2m barrels

Dubai Mercantile Exchange (DME), a top commodities exchange in the Middle East, has announced the delivery of its second billionth barrel of Oman crude oil since inception in June 2007, following the expiry of its August-delivery contract at the

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DME Oman crude deliveries reach 2m barrels

Dubai Mercantile Exchange (DME), a top commodities exchange in the Middle East, has announced the delivery of its second billionth barrel of Oman crude oil since inception in June 2007, following the expiry of its August-delivery contract at the

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1st independent Chinese refiner trades on DME Oman

Shandong Chambroad Petrochemicals has become the first independent Chinese refiner to trade Oman crude oil futures on the DME, a leading energy exchange. The Chinese government allowed independent refiners to import crude oil for

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1st independent Chinese refiner trades on DME Oman

Shandong Chambroad Petrochemicals has become the first independent Chinese refiner to trade Oman crude oil futures on the DME, a leading energy exchange. The Chinese government allowed independent refiners to import crude oil for

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DME Oman hits six-month high

The Middle East crude market strengthened further, with DME Oman rising to its highest premium in more than six months against Dubai swaps.   Dubai's strength also closed its gap with global benchmark Brent t

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DME Oman volumes top 1bn barrels of crude in H1

DME Oman Crude Oil Futures Contract (DME Oman) the flagship exchange of the Dubai Mercantile Exchange (DME), traded more than 1.13 million contracts (equivalent to 1.13 billion barrels of crude oil) in the first six months of 2014.

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DME Oman settles below $100 per barrel

DME Oman's front-month June contract settled below $100 per barrel for the first time since July, trailing international oil futures lower, as China's first-quarter growth data revived global demand worries. The flat price

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DME Oman finds place in US commodity fund

Dubai Mercantile Exchange (DME) said for the first time its flagship crude oil futures contract, DME Oman, will be included in a new US-based commodities fund which will give investors exposure to Asia's rapidly growing demand for raw materi

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