Oil market
On 14 November oil futures prices remained unchanged. The results of first trading sessions were characterized with rise and fall of prices:
- official prices of Texas oil WTI/Light Sweet with the delivery term in December grew 16 cents to $57.69 per barrel at the New York Mercantile Exchange (NYMEX) with the prices of deals fluctuating from $57.35-$58.20 per barrel during the session;
- official prices of Brent oil with the delivery term in December grew 26 cents to $54.73 per barrel at the International Petroleum Exchange (IPE) with the prices of deals fluctuating from $54.50-$55.72 per barrel during the session;
Brent Crude Oil futures at NYMEX Europe Limited in London lost 22 cents, while ended by cent lower than IРЎE Futures. Thus, its official price comprised $54.72 per barrel and prices of deals made up $54.70-55.55 per barrel.
Despite essential drop in world oil prices, OPEC does not urgent resolution of the issue on cut in deliveries.
Currency market
Last week rates of Azerbaijani manat grew 3 points in regard to US dollar and made up 4595 manats.
Euro rates started the week at 5435.53 manats per euro, and completed at 5574.31 manats. The rates fell 61.22 points during the week.
Last week official rate of AZM in regard to USD dropped every day at BBVB, while maximal difference between the rates made up 2.4 points, 0.5%.
Aggregate amount of trading sessions (BEST) at BICEX comprised US $10,746m last week. Average daily deals constituted US $2,1492m. Maximal rates were fixed on 7 November, comprising US $5m. Strong fluctuations were not peculiar to last week dynamic of trading sessions.
Privatization shares market
The prices of privatization shares grew 3,000 manats and comprised 47,000 manats.