The DME is trying to build its business in the APAC region
The Dubai Mercantile Exchange (DME) as
said it will list its first Middle East refined oil products on
May 16, in order to boost the region's presence as a trading
"The Middle East has tremendous potential
as a key global trading and pricing hub for refined products
and the listing of high-sulfur fuel oil derivatives on the DME
is a significant step towards helping the region realize its
full potential as a trading hub," Owain Johnson, managing
director of the Dubai Mercantile Exchange said at Gulf
Intelligence’s Oil Market workshop in Dubai on
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