Euro Markets: EUAs reach 8-week high amid sustained speculative buying

Published 17:23 on April 22, 2022  /  Last updated at 00:04 on April 23, 2022  /  EMEA, EU ETS, UK ETS  /  No Comments

EUAs advanced to reach an eight-week high on Friday as speculative buying continued to drive prices after Wednesday's 9.5% jump, while energy markets fell after the EU issued guidance that appeared to say companies could meet Russian demands to pay for gas in rubles without breaching sanctions.

EUAs advanced to reach an eight-week high on Friday as speculative buying continued to drive prices after Wednesday’s 9.5% jump, while energy markets fell after the EU issued guidance that appeared to say companies could meet Russian demands to pay for gas in rubles without breaching sanctions.

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