EMEA > Euro Markets: EUAs resume close link to natural gas as energy weakens on easing Middle East tensions

Euro Markets: EUAs resume close link to natural gas as energy weakens on easing Middle East tensions

Published 17:29 on October 15, 2024  /  Last updated at 17:36 on October 15, 2024  / /  EMEA, EU ETS, UK ETS

European carbon prices continued to strengthen their correlation to natural gas on Tuesday, fluctuating in line with the TTF after the two markets had disconnected early in the month, as they followed the energy complex lower amid easing geopolitical tensions in the Middle East.
European carbon prices continued to strengthen their correlation to natural gas on Tuesday, fluctuating in line with the TTF after the two markets had disconnected early in the month, as they followed the energy complex lower amid easing geopolitical tensions in the Middle East.


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