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DME introduces Alternative Crude Ecosystem

DME introduces Alternative Crude Ecosystem
05 Apr 2021
Picture used for illustrative purpose.
Dubai Mercantile Exchange (DME), on Monday announced the launch of Alternative Crude Ecosystem (ACE) - a new bilateral trading platform to enable participants to trade multiple crude grades through the exchange.
DME, which is based in Dubai International Financial Centre (DIFC), will make the platform available for all participants and will offer traders the opportunity to trade bilateral barrels of Dubai, Upper Zakum, Murban, Basrah Light, Basrah Heavy, Al Shaheen and Oman versus the DME Oman Sour Crude Benchmark futures.
This new functionality allows Middle East Crude participants a way to execute multiple Over the Counter (OTC) crude grades as differentials against DME Oman futures. ....

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DIFC Based Dubai Mercantile Exchange Introduces ACE A New Platform To Trade Multiple Crude Grades Via The Exchange

DIFC Based Dubai Mercantile Exchange Introduces ACE A New Platform To Trade Multiple Crude Grades Via The Exchange
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DIFC based Dubai Mercantile Exchange introduces ACE – a new platform to trade multiple crude grades via the exchange

DIFC based Dubai Mercantile Exchange introduces ACE – a new platform to trade multiple crude grades via the exchange
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DME launches Mideast crude trading platform

DME launches Mideast crude trading platform
[email protected]
Filed on April 5, 2021
The new service offered by DME will shed the light on the growing importance and the status of DME Oman as a strong and reliable Benchmark for the Middle East, representing consistent fair value for Sour Crude barrels to the East of Suez. Supplied photo
The Alternative Crude Ecosystem (ACE) is a bilateral trading platform that enables participants to trade multiple crude grades through the exchange
The DIFC-based Dubai Mercantile Exchange announced on Monday the launch of a new platform to trade multiple Middle East crude grades priced against DME’s Oman crude futures. ....

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Oil Refinery Market 2021 Industry Size, Share, Price, Trend and Forecast to 2026

Oil Refinery Market 2021 Industry Size, Share, Price, Trend and Forecast to 2026
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