Euro Markets: EUAs approach two-month high amid short squeeze as energy prices edge higher

Published 17:53 on May 3, 2022  /  Last updated at 18:15 on May 3, 2022  /  EMEA, EU ETS, UK ETS  /  No Comments

EUA prices added as much as 7.3% on Tuesday after a bullish auction led to a significant short squeeze, sources said, while energy prices continued to gyrate modestly higher as the market awaited more information on payments for Russian gas.

EUA prices added as much as 7.3% on Tuesday after a bullish auction led to a significant short squeeze, sources said, while energy prices continued to gyrate modestly higher as the market awaited more information on payments for Russian gas.

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