Welcome to the Dubai Mercantile Exchange (DME), the leading energy-focused commodities exchange situated east of the Suez Canal. As the home of the world’s third crude benchmark, DME is dedicated to providing fair, transparent price discovery and efficient risk management solutions for the energy sector in the Middle East and beyond. Launched in June 2007, DME plays a crucial role in the global energy market, particularly for Middle Eastern crude oil exports to Asia. We serve as a vital hub for crude oil futures and commodity trading in Dubai.
At the heart of DME is the Oman Crude Oil Futures Contract (DME Oman), our flagship product and the most transparent crude oil benchmark in the region. DME Oman is the explicit and sole benchmark for Oman and Dubai crude oil Official Selling Prices (OSPs), historically significant markers for Middle Eastern crude oil exports to Asia. DME is a joint venture between Dubai Holding, Oman Investment Authority, and CME Group. Furthermore, global financial institutions and energy trading firms, including Goldman Sachs, J.P. Morgan, Morgan Stanley, Shell, Vitol, and Concord Energy, have invested in DME, demonstrating significant confidence from major players in the global energy markets.
The Dubai Mercantile Exchange (DME) is the premier energy-focused commodities exchange in the East of Suez, providing fair and transparent price discovery and efficient risk management.
It's DME's flagship contract and the most transparent crude oil benchmark for the region, serving as the explicit benchmark for Oman and Dubai crude oil Official Selling Prices (OSPs).
DME is located in Trade Centre - DIFC - Dubai - United Arab Emirates, a prime location facilitating global trading activities.
You can contact DME by phone at +97143655500 or via email at customerrelations@dubaimerc.com.
Please contact DME directly for the most accurate and up-to-date information regarding trading hours, as they may vary.
DME is a joint venture between Dubai Holding, Oman Investment Authority, and CME Group.
The primary product traded is the Oman Crude Oil Futures Contract (DME Oman), along with other energy-related commodities.
Yes, DME provides various resources and training programs to help new traders understand the market and trading mechanisms. Check the official site for current offerings.
DME utilizes advanced technology and strict regulatory oversight to ensure all trading activities are fair, transparent, and compliant with international standards, maintaining market integrity.
DME plays a vital role in the UAE's economy by facilitating crude oil trading, promoting price transparency, and supporting the growth of the financial sector.