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May trading at Eurex totalled 194.6m contracts, a 24.5% increase of year-on-year. The monthly volume easily surpassed the volume recorded in May 2007 when volume totalled 156.3m.
Average daily volume was 9.3m contracts, exceeding...
"[This will] further consolidate the DME Oman contract as the third global crude oil pricing benchmark, alongside WTI and Brent.”
Ahmad Sharaf, chairman of the Dubai Mercantile Exchange