Euro Markets: EUAs trim weekly loss amid gas surge on reports of new February storage mandate

Published 17:23 on November 29, 2024  /  Last updated at 19:30 on November 29, 2024  / /  EMEA, EU ETS, UK ETS

EU carbon prices posted a weekly loss of 1.3% but rallied strongly in the second half of Friday, as reports that the EU will mandate minimum gas storage levels by February 2025 triggered a strong rally in the TTF market and erased earlier declines.
EU carbon prices posted a weekly loss of 1.3% but rallied strongly in the second half of Friday, as reports that the EU will mandate minimum gas storage levels by February 2025 triggered a strong rally in the TTF market and erased earlier declines.


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