EMEA > Euro Markets: EUAs advance as much as 3.3% before energy-wide sell-off caps gains

Euro Markets: EUAs advance as much as 3.3% before energy-wide sell-off caps gains

Published 17:18 on November 25, 2024  /  Last updated at 17:30 on November 25, 2024  / /  EMEA, EU ETS, UK ETS

European carbon prices set a new 12-week high on Monday, as the strong correlation with bullish natural gas initially dragged EUA prices higher, before news of a possible ceasefire in Lebanon triggered a general sell-off across all energy markets.
European carbon prices set a new 12-week high on Monday, as the strong correlation with bullish natural gas initially dragged EUA prices higher, before news of a possible ceasefire in Lebanon triggered a general sell-off across all energy markets.


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