Omani Blend Crude Bolsters Ambitious Dubai Mercantile Exchange

• Wednesday, 18th November 2015
• by Egypt Oil & Gas

The Dubai Mercantile Exchange (DME) announced today that Oman’s Ministry of Oil and Gas has become the first customer of its recently launched ‘DME Auctions’ platform.

Speculators Caught Between Energy Glut and Yemen Violence

• Monday, 30th March 2015
• by Egypt Oil & Gas

Speculators were the least bullish on crude in two years before prices surged as Saudi Arabia and its allies bombed rebels in Yemen, threatening supply disruptions in the largest oil-producing region.