Oil market
The average price on AZERI LT, exported from Azerbaijan via the Ceyhan, Batumi and Supsa ports to Italian Augusta port, was $107.69 per barrel on July 28-August 1, or 1.35 percent more compared to the previous week.
The maximum price for AZERI LT was $108.85 per barrel. The minimum price was $105.55 per barrel.
The average price for AZERI LT FOB Ceyhan oil price was $106.742 per barrel or 1.04 percent ($1.122) less compared to the previous price.
The maximum price for AZERI LT FOB was $107.91 per barrel. The minimum price was $104.59 per barrel.
The average price on Urals (Ex-Novo) exported from Azerbaijan via the Novorossiysk port was $104.314 per barrel or almost 0.025 percent ($0.026) less compared to the previous week.
The maximum price for Urals was $105.36 per barrel and the minimum - $102.47 per barrel.
Urals' density is 32 degrees API with a sulfur content up to 1.3 percent. The oil grade's specifications vary when sold depending on its high/low-quality content.
The average price on Brent Dated was $105.27 per barrel or $0.83 (0.78 percent) less compared to the previous week.
The maximum price on Brent was $106.54 per barrel and the minimum - $103.04.
Currency market
The official rate of AZN to the U.S. dollar set by the Azerbaijani Central Bank (CBA) cheapened by 0.0001 points (0.01 percent). The average rate was established at 0.78423 AZN to 1 U.S. dollar.
As a result of last week's exchange, the stock exchange price of the Azerbaijani AZN to the U.S. dollar, established based on results from the Baku Inter-bank Currency Exchange (BICEX), remained unchanged. The average rate was set at 0.7829 AZN to 1 U.S. dollar.
Deals concluded last week at BEST comprised: July 30 - $5.185 million and July 31 - $7.309 million. No deals were concluded on July 28 and 29 and August 1.
No deal was concluded with USD/AZN T+1 and T+2 due to lack of appeals made by dealers. Appeals on EUR/AZN and RUB/AZN were not made by banks in BEST.