EMEA > Compliance Markets & Taxes > 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 / / EMEA (Compliance Markets & Taxes, Europe)

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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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