Euro Markets: Carbon rallies after pause in negative correlation to gas, while bearish bets grow

Published 17:14 on April 28, 2022  /  Last updated at 17:36 on April 28, 2022  /  EMEA, EU ETS, UK ETS  /  No Comments

Carbon prices erased early losses to snap a three-day losing streak on Thursday in light trading, as the negative correlation to natural gas prices reasserted itself while energy markets drifted as traders awaited more information about ruble payments for Russian energy supplies.

Carbon prices erased early losses to snap a three-day losing streak on Thursday in light trading, as the negative correlation to gas prices reasserted itself and energy markets drifted while traders awaited more information about ruble payments for Russian energy supplies.

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