EU Market: EUAs lift above €24 as oil prices climb on output cut hopes

Published 18:30 on February 13, 2020  /  Last updated at 19:02 on February 13, 2020  /  EMEA, EU ETS  /  No Comments

EUAs rose above €24 for the first time this week on Thursday after another strong auction and as oil markets lifted on expectations that a spike in China's Covid-19 coronavirus cases would prompt major output cuts.

EUAs rose above €24 for the first time this week on Thursday after another strong auction and as oil markets lifted on expectations that a spike in China’s Covid-19 coronavirus cases would prompt major output cuts.

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