Euro Markets: EUAs flirt with €90 before profit-taking emerges, as gas falls back amid Australian strike talks

Published 17:20 on August 17, 2023  /  Last updated at 17:34 on August 17, 2023  / /  EMEA, EU ETS, UK ETS

European carbon prices rose for the fifth time in the last six sessions on Thursday, climbing to their highest in 13 days and shrugging off the weakest auction in seven weeks before profit-taking trimmed the gains, while energy markets weakened late on amid reports that negotiators are approaching a deal to avert strike action at major Australian LNG facilities.
European carbon prices rose for the fifth time in the last six sessions on Thursday, climbing to their highest in 13 days and shrugging off the weakest auction in seven weeks before profit-taking trimmed the gains, while energy markets weakened late on amid reports that negotiators are approaching a deal to avert strike action at major Australian LNG facilities.


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