Dubai: Marubeni Corporation on Monday became the latest major Asian energy company to become a trading member of the DME (Dubai Mercantile Exchange), the Middle East’s international energy futures and commodities exchange.
The decision by the Japanese trading house to join the DME as a trading member comes at a time of continued growth for the exchange.
DME has seen participant numbers rise 20 per cent year-on-year, with interest particularly strong from Asia. DME is rapidly expanding crude oil corridor between the Middle East and Asia and has attracted major Asian oil companies and trading houses as trading members in recent months.
