Middle East Economic Survey
DME Oman Trading Volume Rose By 35% In 2010
The Dubai Mercantile Exchange (DME) on 11 January reported that trading volumes increased by 35% during 2010. DME said in a statement that average daily volumes for the DME Oman Crude Oil Futures Contract (DME Oman) reached 2,898 contracts traded equivalent to 2.9mn b/d with a high of more than 3,000 contracts/day during the fourth quarter. The exchange reported that it had also...