On March 8-12 the average price of AZERI LT CIF Augusta was $81.18 per barrel, or $1.51 per barrel up, compared to the previous day's price. Azerbaijan sells this oil via Turkish port of Ceyhan and Georgian Batumi and Supsa.
AZERI LT oil price was $81.94 per barrel, minimal - $80.69 per barrel March 8-12.
The thickness of Azeri Light is 34.6 degrees API, sulfur content - 0.14 percent.
Azerbaijan exports URALS oil from the Novorossiysk port, which is delivered via the Baku-Novorossiysk pipeline. The average price is $76.03 per barrel March 8-12 or 0.87 more than the average price the previous week.
The maximal price of URALS was $76.65 per barrel, minimal - $75.56 per barrel March 8-12.
The thickness of URALS is 32 degrees API, sulfur content - 1.3 percent.
The average price of Brent Dated is $79.32 per barrel March 8-12 or $1.3 per barrel more that the average price the previous week.
Last week the maximal price of Brent Dated was $80.01 per barrel, minimal - $78.88 per barrel.
The thickness of Brent Dated is 38.3 degrees API, sulfur content - 0.36 percent.
As a result of trades on Friday, on the New York Mercantile Exchange the price of futures for WTI crude oil with delivery in April decreased by $0.87 to $81.24 per barrel. On the InterContinental Exchange in London, the April contract for Brent Crude oil decreased in price by $0.89 to $79.39 per barrel.
Currency market
Last week the official rate of the manat against the US dollar, set by the Central Bank of Azerbaijan, consolidated by 0.0001 points or 0.01 percent. The average rate was established at 0.80338 manat to 1 U.S. dollar
Last week the maximum rate of the US dollar compared to manat was established March 8-11 (0. 8034 manat to 1 U.S. dollar) and minimum March 12 (0.8033 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), consolidated by 0,0001 point. The average rate was fixed at 0.80346 to 1 U.S. dollar.
Deals concluded last week at BEST with transition to currency (T+0) comprised: March 8, no deals were concluded and the average rate was 0.8035 manats to 1 U.S. dollar, March 9, $1,862 million with the average sustained rate of 0.8035 manats to 1 U.S. dollar, March 10, $1,899 million with the average sustained rate of 0.8035 manats to 1 U.S. dollar, March 11, $6,647 million with the average sustained rate of 0.8034 manat to 1 U.S. dollar, and March 12, $8.5 million with the average sustained rate of 0.8024 manats to 1 U.S. dollar.
No deal was concluded with USD/AZN T+1 and T+2 due to an absence of appeals by dealers. Appeals were not received on RUB/AZN and EUR/AZN.
Market of privatization shares
Last week the price of the privatization vouchers stood at the same level, purchase was 8 manat, and sale - 9 manat.
Under the President Ilham Aliyev's decree on additional measures for ensuring the use of the state privatization vouchers, the validity period of the vouchers was prolonged until Jan. 1, 2011. This decision was taken due to the fact that about 80 percent of the check is derived from the circulation.