EMEA > Euro Markets: EUAs plunge to new five-month low as gas drops 6% on supply news

Euro Markets: EUAs plunge to new five-month low as gas drops 6% on supply news

Published 17:27 on September 19, 2024  /  Last updated at 18:01 on September 19, 2024  / /  EMEA, EU ETS, UK ETS

EU allowance prices fell steeply on Thursday afternoon, reaching a new five-month low after earlier grinding their way higher, as gas markets were roiled by reports that Azerbaijan may ship gas to Europe through Ukraine, allaying fears of a supply shortage this winter after Kyiv's contract to ship Russian gas comes to an end.
EU allowance prices fell steeply on Thursday afternoon, reaching a new five-month low after earlier grinding their way higher, as gas markets were roiled by reports that Azerbaijan may ship gas to Europe through Ukraine, allaying fears of a supply shortage this winter after Kyiv's contract to ship Russian gas comes to an end.


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