Weekly Commentary: News of OPEC oil cut fails to drive participation; the front continues to linger below the floor

April 20, 2020 by Anant Jain

CaliforniaCarbon.info, April 20th, 2020: This week at the InterContinental Exchange (ICE), a total of 23.51 million tons of California Carbon Allowances (CCA) traded hands. The secondary market reacted positively to the news of oil production cuts announced on Sunday, although participation did not soar beyond the 30-million-ton mark. The total…

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