EUAs fall below 90€/t on Article 29a amendment proposal, but uncertainties remain
The European power spot prices continued to decrease and fell below the clean coal costs yesterday as the spiking wind production, easing power demand and…
Crude prices rallied by 5% as OPEC decided to roll over the current production agreement, while Saudi Arabia extended its voluntary cut for another month. The radical change in the group’s strategy, now aiming at price appreciation instead of volumes, is predicated on the assumption that US producers will not enter the market in 2021.
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