Last March 11, DME IMEX welcomed Mitsui & Co., Ltd. a Japanese company based in Singapore, as one of the new traders for energy futures and commodities. The Japanese company has decided to be part of the Dubai Energy’s stock market.
The continuous increase in the stock market is one of the main reasons why Mitsui & Co. has drawn interest to join the stock market, just like last month with 10 million barrels per day in volume based on the registration number of indexes since 2007.
It is very visible that the DME’s demands for energy from the Asian markets has been remarkably increasing and since DME is aims to build a bridge will connect them to the countries in the Middle East and Asia to establish strategic crude and oil trade.
Part of their plans is to attract more oil companies and trading houses like Oman Crude and Mitsui & Co., The Director CEO of Mitsui & Co. says in a press release that he has been witnessing substantial growth in the stock market that encourages them to pursue their membership with DME.