Latest news
Daily (12.03.2024) : EUAs lost almost 4% on a daily basis on Monday, tracking bearish gas prices
On Monday, oil prices were rather constant due to uncertainty surrounding the fluctuating demand from China. Brent crude edged 0.2% higher at $82.21 a barrel, while WTI Crude slipped by 0.1% to $77.93 a barrel.
read more... 12/03/2024
Daily (10.11.2023): EUAs notched their largest daily increase in over a month on Thursday amid bullish technical indicators
Oil prices recovered slightly on Thursday after falling to their lowest levels since July the previous day, with the market betting on an extension of OPEC+ cuts. Hence, Brent crude settled at $80.01 a barrel, while WTI crude closed at $75.74 a barrel, both contracts edging about 0.5% higher.
read more... 10/11/2023
Europe adopts EUA border tax rule
The European Commission has adopted a new carbon border adjustment mechanism (CBAM) for certain imported goods, it said on Thursday.
read more... 18/08/2023
Germany to cancel EUAs over early coal closures
Germany will cancel a “residual” sum of carbon allowances – that one analyst put below 14m tonnes – associated with power plant closures in 2021 under the country’s coal phase-out, the energy ministry has told Montel.
read more... 09/03/2023
Daily (22.02.2023): EUAs expiring in Dec23 surpassed 100 €/tonne on Tuesday for the first time in the 18-year history of the European market
Oil prices fell on Tuesday, amid concerns about the global economy and prospects of another US interest rate hike. As a result, Brent crude oil declined by 1.3% day-on-day to settle at $83.05 a barrel.
read more... 22/02/2023