EMEA > Euro Markets: EUAs wipe out steep early losses as gas prices jump on US LNG cutback news

Euro Markets: EUAs wipe out steep early losses as gas prices jump on US LNG cutback news

Published 17:26 on March 4, 2024  /  Last updated at 17:26 on March 4, 2024  / Alessandro Vitelli /  EMEA, EU ETS, UK ETS

European carbon allowances made an abrupt about-face in sync with natural gas prices on Monday, wiping out early losses of as much as 5.2% after a US LNG exporter said it would cut March production due to low prices, leaving both markets posting gains.
European carbon allowances made an abrupt about-face in sync with natural gas prices on Monday, wiping out early losses of as much as 5.2% after a US LNG exporter said it would cut March production due to low prices, leaving both markets posting gains.


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