Euro Markets: EUAs trim weekly loss amid sanctions-fuelled afternoon rally

Published 17:30 on January 10, 2025  /  Last updated at 19:45 on January 10, 2025  / /  EMEA, EU ETS, UK ETS

European carbon prices surged strongly on Friday afternoon, wiping out early declines and trimming the weekly loss to just 1.4%, as futures neared recent highs amid a surge in crude oil and most energy markets after news of fresh US sanctions on Russian energy sales.
European carbon prices surged strongly on Friday afternoon, wiping out early declines and trimming the weekly loss to just 1.4%, as futures neared recent highs amid a surge in crude oil and most energy markets after news of fresh US sanctions on Russian energy sales.


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.