Browse related articlesDME eyes West Texas crude contract
United Arab Emirates: Sunday, March 23 - 2008 at 07:24
The Dubai Mercantile Exchange (DME) is considering the possibility of launching a new cash settled futures contract on West Texas Intermediate (WTI), reported Gulf News. WTI is the US domestic crude oil benchmark and the main New York Mercantile Exchange's oil futures contracts. DME chief executive Gary King also told the daily that apart from a futures cash contract on WTI, the DME is cosidering other commodites futures contracts for eventual introduction on DME.
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Jeff Florian, Senior ReporterSunday, March 23 - 2008 at 07:24 UAE local time (GMT+4)
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