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DME, jet fuel contract
- United Arab Emirates: Monday, June 05 - 2006 at 11:41
The Dubai Mercantile Exchange is planning to develop a jet fuel contract, reported Reuters. The DME's CEO Gary King said that for now the exchange was concentrating on setting up its Middle East sour crude futures contract which will be launched in Q4. Once that contract is up and running, then jet fuel is likely to be the next commodity targeted.
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Jonathan Sheikh-Miller, Deputy EditorMonday, June 05 - 2006 at 11:41 UAE local time (GMT+4)
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This article was updated on Tue Mar 27 2007.
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