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WTI Crude •10 mins	63.40	+1.73	+2.81%
Brent Crude •16 mins	67.07	+0.03	+0.04%
Natural Gas •6 hours	2.854	-0.025	-0.87%
Mars US •2 hours	62.87	+1.50	+2.44%
Opec Basket •2 days	63.73	+1.73	+2.79%
Urals •64 days	42.22	+0.00	+0.00%
Louisiana Light •2 days	64.31	-0.06	-0.09%

	Louisiana Light • 2 days	64.31	-0.06	-0.09%
	Bonny Light • 23 hours	65.36	+1.63	+2.56%
	Mexican Basket • 2 days	60.53	+0.43	+0.72%
	Natural Gas • 6 hours	2.854	-0.025	-0.87%
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Marine •23 hours	62.98	-0.45	-0.71%
Murban •23 hours	63.10	-0.76	-1.19%
Iran Heavy •23 hours	62.75	+1.46	+2.38%
Basra Light •23 hours	66.47	+2.20	+3.42%
Saharan Blend •23 hours	65.70	+1.50	+2.34%
Bonny Light •23 hours	65.36	+1.63	+2.56%

	Bonny Light • 23 hours	65.36	+1.63	+2.56%
	Girassol • 23 hours	66.10	+1.60	+2.48%
	Opec Basket • 2 days	63.73	+1.73	+2.79%
OPEC Members Monthly
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Canadian Crude Index •23 hours	52.16	+1.56	+3.08%
Western Canadian Select •7 hours	50.17	+0.22	+0.44%
Canadian Condensate •22 hours	60.67	-0.03	-0.05%
Premium Synthetic •22 hours	62.07	-0.03	-0.05%
Sweet Crude •7 hours	59.17	-0.03	-0.05%
Peace Sour •7 hours	56.17	-0.03	-0.05%

	Peace Sour • 7 hours	56.17	-0.03	-0.05%
	Light Sour Blend • 7 hours	58.42	-0.03	-0.05%
	Syncrude Sweet Premium • 7 hours	60.17	-0.03	-0.05%
	Central Alberta • 7 hours	56.32	-0.03	-0.05%
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Louisiana Light •2 days	64.31	-0.06	-0.09%
Domestic Swt. @ Cushing •23 hours	59.75	+1.50	+2.58%
Giddings •23 hours	53.50	+1.50	+2.88%
ANS West Coast •3 days	64.60	+2.45	+3.94%
West Texas Sour •23 hours	57.17	+1.55	+2.79%
Eagle Ford •23 hours	61.12	+1.55	+2.60%

	Eagle Ford • 23 hours	61.12	+1.55	+2.60%
	Oklahoma Sweet • 23 hours	59.75	+1.50	+2.58%
	Kansas Common • 2 days	52.00	+0.25	+0.48%
	Buena Vista • 2 days	68.06	+0.18	+0.27%
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Breaking News:

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Joao Peixe

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More Info

Australia Sign a Deal to Supply the UAE with Uranium

By Joao Peixe - Aug 01, 2012, 4:45 PM CDT

Australia’s Foregin Minister, Bob Carr, has announced that Australia recently signed an agreement with the UAE to supply the Gulf state with uranium for the forseeable future. The deal states that Australia do not have to take the radioactive waste back once the uranium has been used.

Carr explained that the agreement “is a commitment by the Australian government” which “sets up a framework under which we will become a reliable supplier of uranium to the UAE.”

This agreement has been signed just two weeks after the Federal Authority for Nuclear Regulation (FANR) granted approval to the UAE for the construction of its first ever nuclear energy power plant.

The UAE continued with its nuclear plans despite the fact that most countries restricted their nuclear ambitions following the Fukushima disaster last year. William Travers, the director general of the FANR, assured us that they “have tried to learn as many lessons as (they) could from Fukushima” to prevent any such mistakes at their plant.

By. Joao Peixe of Oilprice.com

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