DME Oman Hits Record
The Dubai Mercantile Exchange (DME) announced record open interest for its flagship Oman crude oil futures contract late last month, allaying earlier fears that trading in the contract could be affected by changes in the country’s downstream and upstream sectors. This record surpassed a previous high set more than two years ago.
Open interest for DME Oman crude futures was 23,429 lots on 26 March, equivalent to just over 23.4mn...
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