Oil prices
On Aug. 9-13 the average price of AZERI LT CIF Augusta was roughly $80.04 per barrel, 3.8 dollar less per barrel than the average price in pervious week.
AZERI LT maximal oil price was $83.05 per barrel, minimal - $77.08 per barrel Aug.9-13. 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 $74.78 per barrel, which is 3.96 dollar less per barrel than the average price in pervious week.
The maximal price of URALS was $77.64 per barrel, minimal - $72.32 per barrel. The thickness of URALS is 32 degrees API, sulfur content - 1.3 percent.
The average price of Brent Dated is $78.01 per barrel, which is 4.73 dollar less than the average price in pervious week. The maximal price of Brent Dated was $81.34 per barrel, minimal - $75.04 per barrel. The thickness of Brent Dated is 38.3 degrees API, sulfur content - 0.36 percent.
Currency market
Last week the official rate of the manat against the US dollar, set by the Central Bank of Azerbaijan, decreased by 0.0003 points or 0.03 percent. The average rate was established at 0.80356manat to 1 U.S. dollar.
The maximum rate of the US dollar compared to manat was established Aug. 12 and 13 (0.8037 manat to 1 U.S. dollar) and minimum was established Aug. 9 at 0.8034 manat 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) decreased by 0.0014 points or 0.14 percent. The average rate was fixed at 0. 80316 to 1 U.S. dollar.
Deals concluded last week at BEST with transition to currency (T+0) comprised: Aug.9 - $2 million with the average sustained rate of 0.8024 manats to 1 U.S. dollar, Aug.10 deals were not concluded and the rate remained at the level 0.8024 manats to 1 U.S. dollar, Aug. 11 - $2.285 million with the average sustained rate of 0.8036 manats to 1 U.S. dollar, Aug. 12 - deals were not concluded and the rate remained at the level 0.8036 manats to 1 U.S. dollar, and Aug.13 - $1.792 million with the average sustained rate of 0.8038 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.
Privatization shares market
Last week the price of the privatization vouchers remained without changes, so purchase was 5 manat, and sale - 6 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.