EMEA > Euro Markets: EUAs jump late in the day to 2-week high amid gas rally sparked by supply worries

Euro Markets: EUAs jump late in the day to 2-week high amid gas rally sparked by supply worries

Published 17:51 on July 18, 2023  /  Last updated at 19:40 on July 18, 2023  / Alessandro Vitelli /  EMEA, EU ETS, UK ETS

European carbon jumped to a two-week high in the final hour of trading on Tuesday, driven by a sharp rally in gas prices after what had been a relatively calm day that saw a prominent hedge fund manager reveal he was positioned for a sharp decline in prices.
European carbon jumped to a two-week high in the final hour of trading on Tuesday, driven by a sharp rally in gas prices after what had been a relatively calm day that saw a prominent hedge fund manager reveal he was positioned for a sharp decline in prices.


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.