Oil market
On Feb. 9-13, the average price on Azeri Light CIF Augusta exported from Azerbaijan via the Ceyhan and Batumi ports was $46.83 per barrel, or $0.56 more than the previous price.
The maximum price was $48.79per barrel. The minimum price was $45.59.
Azeri Light's density is 34.6 degrees API with a 0.14-percent sulfur content.
The average price on Urals (Ex-Novo) exported from Azerbaijan via the Novorossiysk port was $43.17 per barrel, or $1.63 more than the previous price.
The maximum price was $45.11per barrel and the minimum - $42.02.
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 $44.89 per barrel, or $1.09 more than the previous price.
The maximum price was $46.84per barrel and the minimum - $43.37.
Brent Dated's density is 38.3 degrees API with a sulfur content of 0.36 percent.
The prices of the basket of crudes of OPEC totaled more than $42 per barrel as of the end of the last week and officially amounted to $42.13 as of 13 February. The basket of OPEC rose by 34 cent during the day after its prices as of 12 February fell less than $42 and totaled $41.79 per barrel.
OPEC calculates its basket price based on 12 brands produced by its members: Saharan Blend (Algeria), Girassol (Angola); Oriente (Acuador); Iran Heavy (Iran), Basra Light (Iraq), Kuwait Export (Kuwait), Es Sider (Libya), Bonny Light (Nigeria), Qatar Marine (Qatar), Arab Light (Saudi Arabia), Murban (UAE) and BCF 17 (Venezuela).
Currency market
Last week the official rate of the manat against the US dollar, set by the National Bank of Azerbaijan, dropped 0.00046 points or 0.046 percent. The average rate was established at 0.80702 manats to 1 U.S. dollar. Last week the maximum rate of the US dollar compared to manat was established on Feb. 9-10 (0.8077 manats to 1 U.S. dollar) and minimum on Feb. 13 (0.8062 manats to 1 U.S. dollar).
As a result of last week's exchange rate of the Azerbaijani manat to the U.S. dollar, established based on results from the Baku Inter-bank Currency Exchange (BICEX), rose by 0.00132 points or 0.132 percent. The average rate was fixed at 0.80702 to 1 U.S. dollar.
Deals concluded last week at BEST with transition to currency (T+0) comprised: $0.1 million with the average sustained rate of 0.8077 manat to 1 U.S. dollar on Feb. 9, $3.655 million with the average sustained rate of 0.8077 manats to 1 U.S. dollar on Feb. 10, $5.88 million with the average sustained rate of 0.8070 manats to 1 U.S. dollar on Feb. 11, $63.765 million with the average sustained rate of 0.8065 manats to 1 U.S. dollar on Feb. 12, and $58.081 million with the average sustained rate of 0.8062 manats to 1 U.S. dollar on Feb. 13.
No deal was concluded with USD/AZN T+1, T+2 and SWAP_USD/AZN due to an absence of appeals by dealers. Appeals were not received on RUB/AZN and EUR/AZN (Ň+1, Ň+2).
Market of privatization shares
Last week the price on the privatization vouchers were falling from the high level of last year -25-26 manat. After a rapid hike (67 percent) three weeks ago, prices on vouchers began falling. Last week the price on a privatization voucher remained unchanged at 16 manat.
The validity period of the vouchers will expire on Jan. 1 2010.
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