EMEA > Euro Markets: EUAs advance as much as 3.3% before energy-wide sell-off caps gains

Euro Markets: EUAs advance as much as 3.3% before energy-wide sell-off caps gains

Published 17:18 on November 25, 2024  /  Last updated at 17:30 on November 25, 2024  / /  EMEA, EU ETS, UK ETS

European carbon prices set a new 12-week high on Monday, as the strong correlation with bullish natural gas initially dragged EUA prices higher, before news of a possible ceasefire in Lebanon triggered a general sell-off across all energy markets.
European carbon prices set a new 12-week high on Monday, as the strong correlation with bullish natural gas initially dragged EUA prices higher, before news of a possible ceasefire in Lebanon triggered a general sell-off across all energy markets.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, log in here.

This page is intended to be viewed online and may not be printed.
As per our terms and conditions, the republication or redistribution of Carbon Pulse content can result in the suspension or termination of your subscription.