EU Market: Oil surge helps EUAs rally 10% from new 2-month low

Published 13:22 on November 30, 2016  /  Last updated at 20:58 on November 30, 2016  /  EMEA, EU ETS  /  No Comments

European carbon prices jumped by more than 10% from a fresh two-month low hit earlier on Wednesday, as oil prices surged on news that OPEC members had reached a deal to cut production.

(Updates with market close, OPEC deal)

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