Dubai-Mubasher: The Dubai Mercantile Exchange (DME) announced Thursday the listing of two new fuel oil contracts, according to a statement.

The contracts will help traders to hedge the price differentials between fuel oil markets in Middle East and Singapore

The new contracts complement the existing DME fuel oil contracts and will settle against MOPS/MOPAG 180 cst and MOPS/MOPAG 380 cst assessments provided by price reporting agency Platts.