WTI Crude •10 mins	39.63	-1.27	-3.11%
Brent Crude •10 mins	42.30	-0.99	-2.29%
Natural Gas •10 mins	1.837	+0.013	+0.71%
Mars US •16 hours	42.00	+0.13	+0.31%
Opec Basket •2 days	43.15	-0.39	-0.90%
Urals •1 day	43.60	+0.15	+0.35%
Louisiana Light •2 days	42.59	+0.58	+1.38%

	Louisiana Light • 2 days	42.59	+0.58	+1.38%
	Bonny Light • 1 day	43.28	-0.35	-0.80%
	Mexican Basket • 2 days	37.45	-0.09	-0.24%
	Natural Gas • 10 mins	1.837	+0.013	+0.71%
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Marine •1 day	43.28	+0.59	+1.38%
Murban •1 day	43.70	+0.53	+1.23%
Iran Heavy •1 day	42.61	-0.46	-1.07%
Basra Light •1 day	46.71	+0.26	+0.56%
Saharan Blend •1 day	42.57	-0.24	-0.56%
Bonny Light •1 day	43.28	-0.35	-0.80%

	Bonny Light • 1 day	43.28	-0.35	-0.80%
	Girassol • 1 day	44.66	-0.17	-0.38%
	Opec Basket • 2 days	43.15	-0.39	-0.90%
OPEC Members Monthly
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Canadian Crude Index •17 hours	29.68	-0.21	-0.70%
Western Canadian Select •9 hours	37.40	+0.28	+0.75%
Canadian Condensate •9 hours	39.90	+0.28	+0.71%
Premium Synthetic •9 hours	41.30	+0.28	+0.68%
Sweet Crude •9 hours	40.90	+0.28	+0.69%
Peace Sour •9 hours	35.90	+0.28	+0.79%

	Peace Sour • 9 hours	35.90	+0.28	+0.79%
	Light Sour Blend • 9 hours	36.40	+0.28	+0.78%
	Syncrude Sweet Premium • 9 hours	40.90	+0.28	+0.69%
	Central Alberta • 9 hours	35.90	+0.28	+0.79%
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Louisiana Light •2 days	42.59	+0.58	+1.38%
Domestic Swt. @ Cushing •1 day	37.75	+0.50	+1.34%
Giddings •1 day	31.50	+0.50	+1.61%
ANS West Coast •3 days	44.39	+2.10	+4.97%
West Texas Sour •1 day	34.85	+0.28	+0.81%
Eagle Ford •1 day	38.80	+0.28	+0.73%

	Eagle Ford • 1 day	38.80	+0.28	+0.73%
	Oklahoma Sweet • 1 day	37.75	+0.50	+1.34%
	Kansas Common • 2 days	30.75	-0.25	-0.81%
	Buena Vista • 2 days	45.26	-0.01	-0.02%
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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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