EMEA > EU Market: EUAs bounce back from 4-month low as oil prices jump

EU Market: EUAs bounce back from 4-month low as oil prices jump

Published 17:30 on February 4, 2020  /  Last updated at 16:42 on February 13, 2020  / /  EMEA, EU ETS

EU carbon extended a four-month low below €24 on Tuesday but bounced back into the black as oil prices jumped on news of a higher proposed output cut by OPEC+ nations.
EU carbon extended a four-month low below €24 on Tuesday but bounced back into the black as oil prices jumped on news of a higher proposed output cut by OPEC+ nations.


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