Middle East Economic Survey


No 7


DME Sets New Trading Record In January

The Dubai Mercantile Exchange (DME) on 7 February said it had set a new trading record in January. Average daily volumes for DME Oman Crude Oil Futures Contracts (DME Oman) were the highest since the exchange opened in June 2007, standing at 3,570 contracts, equivalent to 3.5mn b/d. A record total of 71,396 contracts were traded throughout the month. This steady performance builds on the 35%...