Dubai Mercantile Exchange
Dubai, United Arab Emirates
Abbreviation
DME
Location
Dubai, United Arab Emirates
Region
Asia
Product Types
Energy
About Dubai Mercantile Exchange
The Dubai Mercantile Exchange (DME) is the Middle East's leading energy futures exchange, operating the Oman Crude Oil Futures Contract (OSP) and the Dubai Crude Oil futures contract. Established in 2007, DME provides price-discovery and hedging tools for Middle Eastern and Asian crude oil producers and refiners, with the Oman contract serving as a key benchmark for Gulf crude oil pricing. DME is jointly owned by the CME Group, Oman Investment Fund, and various stakeholders.
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