Total trading volume of Dubai crude futures forward curves on the Intercontinental Exchange surged in March as higher volatility brought about by the interplay of bullish and bearish developments increased the market's hedging needs. Across the forward curves, the combined trading volume for ICE Dubai futures contracts -- including the Dubai first-line futures, the Dated Brent versus Dubai 1st Line futures, and the Brent 1st Line versus Dubai 1st line futures -- was 892,766 lots in March, ICE data showed April 1. One lot is equivalent to 1,000 barrels. This figure is 23.50% higher than the corresponding figure of ... (full story)