Euro Markets: EUAs drop for seventh time in eight days as traders eye resumption of full auction volumes

Published 17:17 on August 31, 2022  /  Last updated at 17:17 on August 31, 2022  /  EMEA, EU ETS, UK ETS  /  No Comments

EUAs fell for a seventh time in the last eight days amid a bearish mood ahead of Thursday's resumption of full auction volumes, while energy prices fell for a third day even as Gazprom closed the Nord Stream 1 pipeline for a scheduled three-day maintenance that many stakeholders suspect may be extended as Russia continues to put pressure on Europe's energy supply.

EUAs fell for a seventh time in the last eight days amid a moderately bearish mood ahead of Thursday’s resumption of full auction volumes, while energy prices fell for a third day even as Gazprom closed the Nord Stream 1 pipeline for a scheduled three-day maintenance that many stakeholders suspect may be extended as Russia continues to put pressure on Europe’s energy supply.

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