Middle East Economic Survey


No 9


CME Launches Two Swaps Contracts As DME Oman Crude Trading Volumes Grow Further

With Oman crude oil contract volumes continuing to grow, Dubai Mercantile Exchange (DME) shareholder CME Group has been preparing to begin trading on 27 February of two new DME Oman-linked swaps contracts. The DME Oman Crude Oil vs Dubai (Platts) Swap Futures contract will be based on the arithmetic average of the DME Oman crude futures contract settlement price...