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Daily (13.05.2021): Carbon EUAs climbed by more than 4% on Wednesday, on strong auction results and investor interest

Oil prices increased on Wednesday, as crude inventories in the United States diminished slightly. Meanwhile, the tense situation at some American gas stations, after the shutdown of a major pipeline, lent additional support to prices. Hence, Brent oil was 1.1% up at $69.32 a barrel and WTI crude ended 1.2% higher at $66.08 a barrel.

read more... 13/05/2021

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Daily (21.04.2021): EUAs set a new record high on Tuesday amid strong auction

Oil prices retreated on Tuesday as a sharp increase in COVID-19 infections in India, Asia’s third-largest economy raised worries about demand recovery. Hence, Brent crude lost 0.7% to settle at $66.57 a barrel. Meanwhile, U.S. WTI crude declined by 1.1% to end at $62.67 a barrel amid a surprise API inventory build.

read more... 21/04/2021

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UK ETS auctions to begin on 19 May

The first auction of UK ETS allowances (UKAs) will be held on the platform on 19 May, and will continue to take place on alternate Wednesdays from here until the final sale of the year on 15 December.

read more... 01/03/2021

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UK's 2024,2025 capacity market target cut to 40.1 GW, but year-head target raised

The UK government is seeking to contract 40.1 GW in the next four year-ahead capacity market auction (T-4) for delivery 2024/2025, in an auction due to start March 9, National Grid ESO said Feb. 9.

read more... 10/02/2021

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Daily (04.02.2021): Carbon prices soared by 7% on Wednesday amid strong auction results

Oil prices continued to push towards one-year highs on Wednesday, as the EIA weekly report showed a drop in US crude stocks. At the same time, the conclusion of the monthly OPEC+ summit lent additional support to prices. As such, Brent and WTI crude closed 1.7% higher at $58.46 and $55.69 a barrel respectively.

read more... 04/02/2021

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