It was a bullish day in most energy related markets yesterday, with carbon hitting a five-month high of EUR 23.90/tonne. Oil has climbed above USD 99/barrel for the first time this morning.
After having traded at a high of EUR 23.90/tonne earlier in the session, the bellwether December 08 carbon contract settled at EUR 23.74/tonne at the ECX on Tuesday, up 89 cents on the previous close.According to traders, the strong buying interest was triggered by a bullish energy complex and worries over carbon credit delivery risk, after a bank revised its CO2 price projections upward
Mittwoch, 21.11.2007, 08:01 Uhr
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