Wednesday 30 July 2014
 
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futures

DME launches new trading tool for Oman futures

DME, a leading international energy futures and commodities exchange, has launched a new trading mechanism ‘Trade at Marker’ (TAM), for customers of the DME Oman crude oil futures contract.   TAM will

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Oil tops $110 over Iraq supply fears

Oil futures rose above $110 a barrel on Wednesday as violence in Iraq prompted worries about the supply outlook, while a fall in US stockpiles of gasoline pointed to stronger seasonal demand.   Brent futures gain

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DGCX volumes surge 24 per cent in May

The Dubai Gold and Commodities Exchange (DGCX) has recorded a 24 per cent growth in May as compared to the previous month, aggregating more than one million contract at $31.5 billion.   The currency segment was t

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Advantage Futures joins DME as clearing member

Advantage Futures, a leading futures brokerage firm, has been approved as a clearing member of the Dubai Mercantile Exchange, a leading energy futures exchange in the Middle East.   As a clearing member, Advantag

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Singapore’s UOB Bullion and Futures joins DGCX

The Dubai Gold and Commodities Exchange (DGCX) has approved the UOB Bullion and Futures (UOBBF), a wholly-owned subsidiary of Singapore’s United Overseas Bank (UOB), as a clearing member of the exchange. UOBBF is a fully-lic

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India set to launch interest rate futures

India plans to launch trading of government bond futures within the next two months as part of efforts to deepen its financial markets, according to several sources involved in the discussions with the central bank. These interest

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Brent holds above $109, demand outlook cloudy

Brent futures fell slightly but held above $109 on Tuesday, as oil production in the Gulf of Mexico returned to normal and the US budget crisis continued to cloud the outlook for demand in the world's biggest oil consumer. One

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Brent slips towards $109 as storm wanes

Brent futures edged down towards $109 a barrel on Monday as oil production resumed in the Gulf of Mexico after a tropical storm, while lingering concerns over the US government shutdown clouded the outlook for demand. Tropical Sto

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Brent slips below $109 as US shutdown drags on

Brent futures slipped below $109 a barrel on Thursday, after posting their biggest gain in two weeks in the previous session, on worries a prolonged US government shutdown would hurt demand in the world's biggest oil consumer.

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Brent holds above $114

Brent futures eased on Tuesday as worries over a military strike on Syria eased, but held above $114 a barrel as investors focused on prospects of a revival in demand growth with factory output across most of the world improving.

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