Oil market
Last week (22 вЂ" 26 January) the futures oil prices in London and New York exceeded $55 per barrel. It was mainly explained with fall in temperature in the northeast region of the United States, a giant regional fuel consumer in winter period, the US Administration's plans on increase of strategic petroleum reserves (SPR), and the manifestation of OPEC's fulfillment of its commitments on cut in oil production.
As a result of the trading sessions on 23 January the March futures for Light Sweet rose $2.46 to $55.04 per barrel. March futures prices on Brent oil at InterContinental Exchange Futures (ICE Futures) in London rose $2.40 to $55.10 per barrel.
Currency market
As per result of the last week (15-19 January) official rate of manat in regard to US dollar, set by the National Bank of Azerbaijan grew by 0,0001 point or 0.01%. Average rate was established as 0.87116 manats per 1 US dollar, Trend reports.
Last week maximum rate of US dollar in respect to manat was established on 22, 23 and 24 January (0,8712 manats per 1 US dollar), minimum вЂ" 25 and 26 January (0.8711 manats per US dollar)
As of results of the last week exchange rates of Azerbaijani manat in regard to US dollar, established on the base of results of the Baku Interbank Currency Exchange (BICEX) increased by 0,0006 point or 0.06%. Average rate was fixed as 0.87098 manats per US dollar.
Last week maximum rate of US dollar in respect to manat was established on 22 January (0,8712 manats per 1 US dollar), minimum вЂ" 26 January (0.8706 manats per US dollar
Deals concluded last week at BEST with transition to currency (T+0) comprised $2.4mln with average sustained exchange rate of 0,8712 AZN/USD on 22 January, $0,760mln with average sustained rate of 0,8711 AZN/USD on 23 January, $1,440mln with average sustained rate of 0,8711 AZN/USD on 24 January, $0,320mln with average sustained rate of 0,8709 AZN/USD on 25 January and $12,184mln with average sustained rate of 0,8706 AZN/USD on 26 January.
No deal was concluded with Russian ruble and euros last week due to absence of appeals.
Privatization shares market
In this period prices of vouchers remained unchanged - 16 manats.