@dubaimerc.com
DME
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About
Description
DME is the leading international energy futures and commodities exchange in the Middle East. As the premier energy-focused commodities exchange in the East of Suez, DME was established in 2007 to bring fair and transparent price discovery and efficient risk management to the region. DME's flagship contract, the Oman Crude Oil Futures Contract (DME Oman), serves as the most reliable and transparent benchmark for crude oil in the Middle East.
It is the official benchmark for Oman and Dubai crude oil Official Selling Prices (OSPs), setting the standard for Middle Eastern crude oil exports to Asia. DME is a joint venture between Dubai Holding, Oman Investment Authority, and CME Group, and is supported by major players in global energy markets such as Goldman Sachs, J. P.
Morgan, and Shell. Regulated by the Dubai Financial Services Authority and cleared through CME Clearing, DME operates within the Dubai International Financial Center to promote financial services in the UAE
Company Type
Privately Held
Company Size
11-50
Year Founded
2007
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