Euro Markets: EUAs rise to four-week high amid short squeeze as market awaits Council reform position

Published 17:21 on June 28, 2022  /  Last updated at 23:55 on July 15, 2022  /  EMEA, EU ETS, UK ETS  /  No Comments

EUAs rallied amid a short squeeze after a weak opening on Tuesday as the market awaited a united position among member states on ETS reforms, while energy prices sagged as the EU sought more ways to cut gas consumption.

EUAs rallied amid a short squeeze after a weak opening on Tuesday as the market awaited a united position among member states on ETS reforms, while energy prices sagged as the EU sought more ways to cut gas consumption.

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