Oman Energy Sector Changes Could Impact DME Benchmark
By Nick Wilson
Trading on the Dubai Mercantile Exchange of the Oman Crude Oil Futures Contract (DME Oman) continues to grow. The contract could be impacted by issues facing Oman’s downstream and upstream sectors, which Muscat’s sweeping energy sector review is expected to address (MEES, 1 February).
Oman’s crude exports have steadily increased in recent years, to about...