Oil market
On Jan. 13-17, the average price on AZERI LT, exported from Azerbaijan via the Ceyhan, Batumi and Supsa ports to Italian Augusta port, was $109.87 per barrel or $0.002 more compared to the previous week.
The maximum price for AZERI LT was $110.6 per barrel. The minimum price was $109.05 per barrel.
The average price on Urals (Ex-Novo) exported from Azerbaijan via the Novorossiysk port was $102.61 per barrel or $0.97 less compared to the previous week.
The maximum price for Urals was $103.32 per barrel and the minimum - $101.91 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 $108.02 per barrel or $1.07 more compared to the previous week.
The maximum price on Brent was $108.53 per barrel and the minimum - $107.39.
Currency market
Last week the official rate of the manat to the US dollar set by the Azerbaijani Central Bank (CBA) remained unchanged. The average rate was established at 0.78446 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) remained unchanged. The average rate was set at 0.7835 manat to 1 U.S. dollar.
Deals concluded last week at BEST with transition to currency (T+0) comprised: January 13- $ 7.047 million, January 15- $ 1.8 million, January 17- $ 4.956 million, January 14 and 16 - no deals were concluded.
No deal was concluded with USD/AZN T+1 and T+2 due to lack of appeals made by dealers. Appeals on EUR/AZN and RUB/AZN were not made by banks in BEST.