June 21-25, the average price on Azeri Light CIF Augusta exported from Azerbaijan via the Ceyhan and Batumi ports was $79.16 per barrel, or $0.75 more than the previous price.
The maximum price was $80.09 per barrel. The minimum price was $77.7.
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 $75 per barrel, or $0.29 more than the previous price.
The maximum price was $76.89 per barrel and the minimum - $73.37.
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 $76.82 per barrel, or $0.62 more than the previous price.
The maximum price was $78.57 per barrel and the minimum - $75.28.
Brent Dated's density is 38.3 degrees API with a sulfur content of 0.36 percent.
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 0.80384 manat to 1 U.S. dollar. The maximum rate of the US dollar compared to manat was established June 22 and 23 (0.8039 manat to 1 U.S. dollar) and minimum June 21, 24 and 25 (0.8038 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) did not changed. The average rate was fixed at 0.8039 to 1 U.S. dollar.
Deals concluded last week at BEST with transition to currency (T+0) comprised: June 21 -deals were not concluded and the rate remained at the level 0.8039 manats to 1 U.S. dollar, June 22 - $1.7 million with the average sustained rate of 0.8039 manats to 1 U.S. dollar, June 23 - $1.2 million with the average sustained rate of 0,8039 manats to 1 U.S. dollar, June 24 and 25 deals were not concluded and the rate remained at the level 0.8039 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 decreased and purchase was 7 manat, and sale - 8 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.