No. 11



NYMEX To List Middle Eastern Sour Crude Oil Index InAnticipation Of Futures Launch

The New York Mercantile Exchange (NYMEX) has announced thatas of 8 March it has begun listing on its website the Middle Eastern sour crudeoil index, which will act as the basis for cash settlement of its MiddleEastern sour crude oil futures contract. The index will be based on an averageof prices for Oman and Dubai crude oil over the delivery month. The finalsettlement price of...