EU Market: EUAs surge 9.2% to two-week high on oil, upcoming auction pause

Published 18:19 on December 12, 2016  /  Last updated at 18:19 on December 12, 2016  /  EMEA, EU ETS  /  No Comments

EU carbon prices soared by 9.2% on Monday to hit their highest level since Nov. 28 as oil gains lifted the energy complex and as traders anticipated further rises in EUAs ahead of a three-week pause in auction supply.

EU carbon prices soared by 9.2% on Monday to hit their highest level since Nov. 28 as oil gains lifted the energy complex and as traders anticipated further rises in EUAs ahead of a three-week pause in auction supply.

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