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Oman crude oil futures begin trading on Dubai Financial Market | Hellenic Shipping News Worldwide

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 .

Saudi Arabia may cut June crude prices to Asia from record highs | Hellenic Shipping News Worldwide

Top oil exporter Saudi Arabia may cut prices for crude grades sold to Asia in June after benchmarks slumped from records in the previous month as COVID lockdowns curbed demand in China, the world’s biggest crude importer, traders said on Friday. Global markets were rattled last month by western sanctions on Russia, the world’s biggest .

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