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DME announces half a million contracts traded

United Arab Emirates: Wednesday, December 03 - 2008 at 13:03

The Dubai Mercantile Exchange Limited announced today that more than 500,000 lots of its benchmark DME Oman Crude Oil Futures Contract have traded since the launch of the energy futures and commodities exchange on 1 June 2007. At the close of trading on 2nd December 2008, the DME Oman Crude Oil Futures Contract had traded a total of 500, 495 contracts, equivalent to 500.495 million barrels of oil.

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Jeff  Florian Jeff Florian, Senior Reporter
Wednesday, December 03 - 2008 at 13:03 UAE local time (GMT+4)

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