Dubai crude oil price for May delivery equal to average daily
Dubai - WAM
The Department of Oil Affairs has announced that the official price of Dubai crude oil to be delivered next May will be equal to the average daily settlement price of the DME Oman Crude Oil Financial Contract in Dubai Mercantile Exchange contracts traded over the next month. The Department of Oil Affairs of the Government of Dubai sets the price of Dubai crude oil in the markets in parallel with Oman oil prices, which reinforces the transparency of pricing process commitment and setting a fair value of crude oil in East of Suez markets, the Director-General of the Department, Abdullah Abdul Karim, told Emirates News Agency, WAM. Everyday at 12:30 p.m. (Dubai time), Dubai Mercantile Exchange determines the daily settlement price of the Oman contract, which is the average price of transactions made within the five minutes from 12:25 p.m. to 12:30 p.m. Dubai
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Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
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