December Brent crude gained 1.5% to $115.90/bbl, while carbon emissions allowances advanced 70 cents to €89/t.
Brent for December rose 1.5% to $115.90/bbl, and CO2 allowances added 70 cents to reach €89/t.
Crude oil and carbon prices both feed into energy and generation costs for importers and emitters.
Whether Brent holds above $115/bbl and whether carbon allowances extend their gain beyond €89/t.
Oil and carbon prices both moved higher in the latest session. Brent crude for December delivery rose 1.5% to $115.90/bbl.
In the carbon market, CO2 emissions allowances advanced 70 cents to €89/t.
Market snapshot
- Brent crude (December): up 1.5% at $115.90/bbl
- Carbon emissions (CO2): up 70 cents at €89/t
Brent remains well above the $100/bbl level, which keeps fuel costs elevated for energy importers. Carbon allowance prices add a separate cost component for power generators and industrial emitters exposed to carbon pricing.
Photos: Photo: ImagePerson, CC BY 4.0, via Wikimedia Commons
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