Oman crude oil futures began trading on the Dubai Financial Market (DFM) on Wednesday. The new futures monthly contract from DFM tracks the performance of DME’s (Dubai Mercantile Exchange) Oman crude oil futures, making it accessible to a large number of investors, the DFM said in a statement on Wednesday. The crude oil futures are .
The Dubai Financial Market will begin trading Oman crude oil futures next month as the bourse continues to diversify its product offerings and attract new investors. The trading of Oman crude oil contracts, a benchmark that is used by many Gulf producers to price their oil, will begin on June 1, the DFM said in .
Saudi state energy giant Aramco booked a net profit of $30.4 billion for the third quarter of the year, up by 158 percent from the third quarter of 2020 on substantially higher crude oil prices
Saudi Arabian state oil producer Aramco said on Sunday its third-quarter net profit more than doubled, boosted by higher crude oil prices and volumes sold, beating analysts' forecasts.
DUBAI (Reuters) — Saudi Arabian state oil producer Aramco said on Sunday its third-quarter net profit more than doubled, boosted by higher crude oil prices and volumes sold, beating analysts