EMEA > Euro Markets: EUAs unwind week’s losses as gas sparks near 4% rally, while UKAs set new high

Euro Markets: EUAs unwind week’s losses as gas sparks near 4% rally, while UKAs set new high

Published 17:20 on May 20, 2025 / Last updated at 18:23 on May 20, 2025 / / EMEA, EU ETS, UK ETS

European carbon prices unwound most of their losses from the previous two sessions, catching an updraft from strongly firmer natural gas after US President Donald Trump appeared to step back from efforts to bring the conflict in Ukraine to an end, while UK Allowance prices advanced to yet more multi-year highs as traders digested Monday's EU-UK linking agreement.
European carbon prices unwound most of their losses from the previous two sessions, catching an updraft from strongly firmer natural gas after US President Donald Trump appeared to step back from efforts to bring the conflict in Ukraine to an end, while UK Allowance prices advanced to yet more multi-year highs as traders digested Monday's EU-UK linking agreement.


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