EMEA > Euro Markets: Carbon rides to 12-week high on gas’ coattails, sets up camp above key level

Euro Markets: Carbon rides to 12-week high on gas’ coattails, sets up camp above key level

Published 17:12 on November 21, 2024  /  Last updated at 17:16 on November 21, 2024  / /  EMEA, EU ETS, UK ETS

EU carbon prices were pulled to their highest in 12 weeks, above a key level, on Thursday by growing concerns over rising geopolitical tensions in Ukraine and a short unplanned North Sea outage, which encouraged natural gas traders to buy, helping carbon to breach an important psychological level for the second time this week.
EU carbon prices were pulled to their highest in 12 weeks, above a key level, on Thursday by growing concerns over rising geopolitical tensions in Ukraine and a short unplanned North Sea outage, which encouraged natural gas traders to buy, helping carbon to breach an important psychological level for the second time this week.


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