EMEA > Euro Markets: EUAs plunge to new five-month low as gas drops 6% on supply news

Euro Markets: EUAs plunge to new five-month low as gas drops 6% on supply news

Published 17:27 on September 19, 2024  /  Last updated at 18:01 on September 19, 2024  / /  EMEA, EU ETS, UK ETS

EU allowance prices fell steeply on Thursday afternoon, reaching a new five-month low after earlier grinding their way higher, as gas markets were roiled by reports that Azerbaijan may ship gas to Europe through Ukraine, allaying fears of a supply shortage this winter after Kyiv's contract to ship Russian gas comes to an end.
EU allowance prices fell steeply on Thursday afternoon, reaching a new five-month low after earlier grinding their way higher, as gas markets were roiled by reports that Azerbaijan may ship gas to Europe through Ukraine, allaying fears of a supply shortage this winter after Kyiv's contract to ship Russian gas comes to an end.


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, login here.