Physical delivery hits 4000 mark on DME Oman contract
The exchange reported a total of 58,365 contracts traded during June, of which 39,571 were Oman crude oil futures contracts, equivalent to 39,571,000 barrels of crude oil. 7,332 WTI-Oman spread contracts were traded, along with 11,462 Brent-Oman spread contracts.
At the termination of trading on June 29, exchange-wide open interest for all three listed contracts was 6,660, of which 6,467 was Oman crude, 15 WTI-Oman and 178 Brent-Oman.
“We have now been through one full cycle of trading and can
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