EMEA > EU Market: EUAs surge 9.2% to two-week high on oil, upcoming auction pause

EU Market: EUAs surge 9.2% to two-week high on oil, upcoming auction pause

Published 18:19 on December 12, 2016  /  Last updated at 18:19 on December 12, 2016  /  EMEA, EU ETS

EU carbon prices soared by 9.2% on Monday to hit their highest level since Nov. 28 as oil gains lifted the energy complex and as traders anticipated further rises in EUAs ahead of a three-week pause in auction supply.
EU carbon prices soared by 9.2% on Monday to hit their highest level since Nov. 28 as oil gains lifted the energy complex and as traders anticipated further rises in EUAs ahead of a three-week pause in auction supply.


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.