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Commodities Briefing - Categorized | Commodities Exchanges, Oil more

Dubai exchange to restore oil trading

Posted on 09 March 2009

From Themedialine.org: The Dubai Mercantile Exchange (DME) is finalizing a move that will bring oil trading back to the Gulf region after the power to set prices was lost to New York and London almost 20 years ago, the Abu Dhabi-based newspaper The National reported.

The DME was established two years ago by Dubai developer Tatweer, the CME Group that runs the commodities exchange in New York and the Oman Investment Fund. …. Full Article: Source


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