Carbon Markets and Oil Prices in Focus Ahead of Key Events
• Carbon markets watch Cop28 for trading strategies
• India - Renewable carbon credit prices dropped as project developers sold
• New Zealand - Last carbon allowance auction on Dec. 6 after recent price highs
• Asian refiners await Jan Saudi OSPs - cuts of at least $1/b expected for Arab Light
• Evergrande fate to be decided in Dec. 4 hearing - could lead to liquidation