Euro Markets: EUAs rise for a fourth day but meet resistance after auction disappoints

Published 17:10 on August 4, 2022  /  Last updated at 17:26 on August 4, 2022  /  EMEA, EU ETS, UK ETS  /  No Comments

EUAs edged higher on Thursday after robust gains early in the session encountered resistance before a weak auction result dragged prices back from a 12-day high, as energy markets advanced after shaking off news that a major US Gulf LNG export terminal would restart faster than expected after repairs are completed.

EUAs edged higher on Thursday after robust gains early in the session encountered resistance before a weak auction result dragged prices back from a 12-day high, as energy markets advanced after shaking off news that a major US Gulf LNG export terminal would restart faster than expected after repairs are completed.

A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, login here.