EMEA > Euro Markets: Carbon-gas correlation breaks down as EUAs shrug off bullish energy moves

Euro Markets: Carbon-gas correlation breaks down as EUAs shrug off bullish energy moves

Published 17:28 on June 17, 2025 / Last updated at 17:30 on June 17, 2025 / / EMEA, EU ETS, UK ETS

European carbon allowance prices slumped on Tuesday morning as bullish risks appeared to recede for EUAs, while oil and gas prices advanced amid the continuing conflict between Israel and Iran, and some traders suggested EUAs had reached the top of their current trading range.
European carbon allowance prices slumped on Tuesday morning as bullish risks appeared to recede for EUAs, while oil and gas prices advanced amid the continuing conflict between Israel and Iran, and some traders suggested EUAs had reached the top of their current trading range.


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.