Oil market
On 21 November the futures oil prices grew and reached its maximal point over three exchange sessions. The results of trading sessions on the futures contracts were as follows:
- official prices of Texas oil WTI/Light Sweet with the delivery term in January grew 49 cents to $57.70 per barrel at the New York Mercantile Exchange (NYMEX) with the prices of deals fluctuating from $57.10-$58.18 per barrel during the session;
- official prices of IPE Brent Crude with the delivery term in January grew 46 cents (+0.8%) to $55.34 per barrel at the Inter Continental Exchange Futures (IРЎE Futures) with the prices of deals fluctuating from $54.75-$56.05 per barrel during the session;
- Brent Crude Oil futures at NYMEX Europe Limited in London lost 40 cents, while ended by cent lower than IРЎE Futures. Thus, its official price comprised $55.35 per barrel and prices of deals made up $55.15-55.88 per barrel.
Increase in oil prices was explained with cold winter in the United States and Northern hemisphere. The air temperature in the north-east part of America will reach the point fixed in early autumn.
Currency market
Last week rates of Azerbaijani manat grew 2 points in regard to US dollar and made up 4594 manats.
Euro rates started the week at 5409.03 manats per euro, and completed at 5384.4 manats. The rates fell 24.63 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 1 points, 0.02%.
Aggregate amount of trading sessions (BEST) at BICEX comprised US $9,31m last week. Average daily deals constituted US $2,3275m. Maximal rates were fixed on 7 November, comprising US $7.8m. Strong fluctuations were not peculiar to last week dynamic of trading sessions.
Privatization shares market
The prices of privatization shares remained unchanged in this period.