DME sees first Fujairah fuel oil trade

Dubai-Mubasher: The first trade in fuel oil derivatives from the Fujairah oil hub has taken place on the Dubai Mercantile Exchange (DME), according to statement.

The trade was for 7,000 metric tons of fuel oil in the deal concluded between Vitol and Aegean Marine.

The transaction was brokered by the Dubai office of Freight Investor Services (FIS).

Mubasher Contribution Time: 23-May-2016 10:17 (GMT)
Mubasher Last Update Time: 23-May-2016 10:17 (GMT)