Oil market
On June 10-14, the average price on AZERI LT, exported from Azerbaijan via the Ceyhan, Batumi and Supsa ports to Italian Augusta port, was about $106.45 per barrel.
The maximum price of AZERI LT was $108.28 per barrel. The minimum price was $102.87 per barrel.
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 Novorossiysk port was $103.03.
The maximum price for Urals was $104.88 per barrel and the minimum - $99.2 per barrel.
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 $103.87 per barrel.
The maximum price was $105.7 per barrel and the minimum - $100.32.
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 to the US dollar set by the Azerbaijani Central Bank (CBA) increased by 0.0001 points (0.01 percent). The average rate was established at 0.78455 manat to 1 U.S. dollar.
As a result of last week's exchange, the stock exchange price of the Azerbaijani manat to the U.S. dollar, established based on results from the Baku Inter-bank Currency Exchange (BICEX) increased by 0.0001 points (0.01 percent). The average rate was set at 0.783575 manat to 1 U.S. dollar.
Deals concluded last week at BEST with transition to currency (T+0) comprised: June 19 - no deals were concluded, therefore the exchange rate remained at 0.7836 AZN/USD, June 18 - $4.5 million with the exchange rate of 0.7836 AZN/USD, June 20 - $0.16 million with the exchange rate of 0.7836 AZN/USD, June 21 - $2.39 million with the exchange rate of 0.7835 AZN/USD.
No deal was concluded with USD/AZN T+1 and T+2 due to few appeals made by dealers. No appeals were made on RUB/AZN and EUR/AZN.