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The Dubai Mercantile Exchange will launch 8 new oil contracts

 Last Update: 2022-11-26
 Source: Internet
 Author: User

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According to foreign media reports, the Dubai Commodity Exchange (DME) announced on the 4th that after the regulator completes the review, DME will launch the listing of 8 new oil companies
.

DME, the Middle East's premier international energy futures and commodities exchange, aims to provide transparent crude oil pricing
to producers, traders and consumers east of the Suez Canal.

Among the new products offered by DME is the Oman/Platts Dubai Crude Oil Futures Contract (DOP), which will help customers match their hedge exposure to Saudi Arabia
, the world's largest crude oil exporter.

Saudi Arabia's oil company (Saudi Aramco) recently announced that Saudi Aramco will change the way it calculates its official selling prices (OSPs) from October 1 this year
.
DME said in a statement that this would make the monthly average of DME Oman crude and Platts Dubai crude a reality, blending the two major Asian benchmarks together
.

According to foreign media reports, the Dubai Commodity Exchange (DME) announced on the 4th that after the regulator completes the review, DME will launch the listing of 8 new oil companies
.

petroleum

DME, the Middle East's premier international energy futures and commodities exchange, aims to provide transparent crude oil pricing
to producers, traders and consumers east of the Suez Canal.

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