Dubai-based market courts Chinese refineries in latest bid for Asian clients
The Dubai Mercantile Exchange held last
week a roundtable in Shendong, China for independent Chinese
oil refineries, as part of its bid to attract Asian
The Chinese government is providing
approvals to growing numbers of independent firms to directly
import crude oil. The DME event on Monday last week was held to
support these refineries in registering and setting up DME
accounts to trade Oman Crude Oil Futures for hedging and
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