ICE EUA Carbon Futures

Real-time and historical EU Allowance (EUA) carbon futures data from the Intercontinental Exchange (ICE).

Overview

EU Emission Allowances (EUAs) are carbon credits under the European Union Emissions Trading System (EU ETS). Each EUA represents the right to emit one tonne of CO2 equivalent.

Endpoints

Method	Endpoint	Description
GET	`/v1/futures/eua-carbon`	Current contract prices
GET	`/v1/futures/eua-carbon/historical`	Historical data
GET	`/v1/futures/eua-carbon/ohlc`	Daily OHLC
GET	`/v1/futures/eua-carbon/intraday`	5-minute intervals
GET	`/v1/futures/eua-carbon/spreads`	Calendar spreads
GET	`/v1/futures/eua-carbon/curve`	Futures curve
GET	`/v1/futures/eua-carbon/spread-history`	Spread history

Current Prices

Get current futures prices for all EUA carbon contracts.

GET /v1/futures/eua-carbon

Response

{
  "commodity": "EU_CARBON_FUTURES",
  "source": "ICE",
  "updated_at": "2026-01-10T14:30:00.000Z",
  "trading_hours": "07:00-17:00 CET",
  "contracts": [
    {
      "contract_month": "2026-02",
      "last_price": 86.50,
      "currency": "EUR",
      "open": 86.15,
      "close": 86.45,
      "high": 87.25,
      "low": 85.80,
      "volume": 45230,
      "change_percent": 0.52,
      "days_to_expiry": 16,
      "contract_status": "front_month",
      "is_front_month": true,
      "expiry_date": "2026-01-26",
      "open_interest": 125678,
      "updated_at": "2026-01-10T14:30:00.000Z"
    }
  ],
  "metadata": {
    "total_contracts": 12,
    "data_source": "ice",
    "front_month_contract": "2026-02",
    "retention_period": "30_days"
  }
}

Enhanced Contract Fields

Field	Type	Description
`days_to_expiry`	integer	Days until contract expires
`contract_status`	string	`front_month`, `near_expiry`, `active`, or `expired`
`is_front_month`	boolean	Whether this is the primary trading contract
`expiry_date`	date	Calculated expiry date (ISO 8601)
`open_interest`	integer	Open interest (when available)

ICE EUA Carbon contracts expire on the last Monday of the delivery month.

Historical Data

Query historical futures data for a date range.

GET /v1/futures/eua-carbon/historical

Parameters

Parameter	Type	Required	Default	Description
`from`	date	No	30 days ago	Start date (ISO 8601)
`to`	date	No	today	End date (ISO 8601)
`contracts`	string	No	all	Comma-separated contracts (e.g., `2026-02,2026-03`)
`format`	string	No	json	Response format: `json` or `csv`

Example

curl "https://api.oilpriceapi.com/v1/futures/eua-carbon/historical?from=2025-12-01&to=2026-01-10&contracts=2026-02" \
  -H "Authorization: Token YOUR_API_KEY"

Response

{
  "commodity": "EU_CARBON_FUTURES",
  "date_range": {
    "from": "2025-12-01",
    "to": "2026-01-10"
  },
  "total_records": 28,
  "contracts": [
    {
      "contract_month": "2026-02",
      "contract_code": "EU_CARBON_FUTURES_2026_02",
      "total_days": 28,
      "daily_data": [
        {
          "trading_date": "2026-01-10",
          "open": 86.15,
          "close": 86.45,
          "high": 87.25,
          "low": 85.80,
          "volume": 45230,
          "change_percent": 0.52,
          "settlement": 86.42
        }
      ]
    }
  ]
}

OHLC Data

Get daily OHLC (Open, High, Low, Close) summaries.

GET /v1/futures/eua-carbon/ohlc

Parameters

Parameter	Type	Required	Default	Description
`days`	integer	No	30	Number of days (1-365)
`contract`	string	No	front month	Contract month (e.g., `2026-02`)

Response

{
  "period": "30d",
  "date_range": {
    "from": "2025-12-11",
    "to": "2026-01-10"
  },
  "contracts": [
    {
      "contract_month": "2026-02",
      "contract_code": "EU_CARBON_FUTURES_2026_02",
      "total_days": 20,
      "daily_data": [
        {
          "trading_date": "2026-01-10",
          "open": 86.15,
          "high": 87.25,
          "low": 85.80,
          "close": 86.45,
          "volume": 45230,
          "change_percent": 0.52
        }
      ]
    }
  ]
}

Intraday Data

Get 5-minute interval data for a specific trading day.

GET /v1/futures/eua-carbon/intraday

Parameters

Parameter	Type	Required	Default	Description
`date`	date	No	today	Trading date (ISO 8601)
`contract`	string	No	front month	Contract month

Response

{
  "commodity": "EU_CARBON_FUTURES",
  "trading_date": "2026-01-10",
  "contract_month": "2026-02",
  "interval": "5min",
  "data_points": [
    {
      "timestamp": "2026-01-10T07:00:00.000Z",
      "price": 86.15,
      "volume": 234
    },
    {
      "timestamp": "2026-01-10T07:05:00.000Z",
      "price": 86.22,
      "volume": 187
    }
  ]
}

Calendar Spreads

Analyze price differences between contract months.

GET /v1/futures/eua-carbon/spreads

Parameters

Parameter	Type	Required	Default	Description
`pairs`	string	No	consecutive	Spread pairs (e.g., `2026-02,2026-03;2026-03,2026-04`)
`days`	integer	No	30	Analysis period (1-365)
`date`	date	No	today	Specific date for snapshot

Response

{
  "analysis_period": "30d",
  "date_range": {
    "from": "2025-12-11",
    "to": "2026-01-10"
  },
  "total_pairs": 2,
  "spreads": [
    {
      "front_contract": "2026-02",
      "back_contract": "2026-03",
      "spread_type": "calendar_spread_1m",
      "data_points": 20,
      "current_spread": 0.45,
      "statistics": {
        "mean": 0.42,
        "median": 0.44,
        "min": 0.30,
        "max": 0.55,
        "standard_deviation": 0.08,
        "range": 0.25
      }
    }
  ]
}

Futures Curve

Analyze the term structure across all contracts.

GET /v1/futures/eua-carbon/curve

Parameters

Parameter	Type	Required	Default	Description
`date`	date	No	today	Analysis date

Response

{
  "analysis_date": "2026-01-10",
  "curve_type": "contango",
  "total_contracts": 12,
  "front_month": {
    "contract_month": "2026-02",
    "settlement_price": 86.45,
    "months_to_expiry": 1
  },
  "back_month": {
    "contract_month": "2027-01",
    "settlement_price": 92.15,
    "months_to_expiry": 12
  },
  "contracts": [
    {
      "contract_month": "2026-02",
      "settlement_price": 86.45,
      "months_to_expiry": 1,
      "days_to_expiry": 16,
      "is_front_month": true
    }
  ],
  "curve_metrics": {
    "front_month_price": 86.45,
    "back_month_price": 92.15,
    "total_slope": 5.70,
    "slope_percentage": 6.59,
    "average_price": 89.30,
    "price_range": 5.70,
    "steepness": 0.52
  }
}

Curve Types:

contango - Front month lower than back (positive slope, typical for carbon)
backwardation - Front month higher than back (negative slope)
flat - Minimal price difference

Spread History

Get historical spread data between two specific contracts.

GET /v1/futures/eua-carbon/spread-history

Parameters

Parameter	Type	Required	Default	Description
`front_contract`	string	Yes	-	Front contract (e.g., `2026-02`)
`back_contract`	string	Yes	-	Back contract (e.g., `2026-03`)
`days`	integer	No	30	History period (1-365)

Example

curl "https://api.oilpriceapi.com/v1/futures/eua-carbon/spread-history?front_contract=2026-02&back_contract=2026-03&days=30" \
  -H "Authorization: Token YOUR_API_KEY"

Response

{
  "front_contract": "2026-02",
  "back_contract": "2026-03",
  "period_days": 30,
  "data_points": 20,
  "spread_data": [
    {
      "trading_date": "2026-01-10",
      "front_contract": {
        "contract_month": "2026-02",
        "price": 86.45
      },
      "back_contract": {
        "contract_month": "2026-03",
        "price": 86.90
      },
      "spread_value": 0.45,
      "spread_percentage": 0.52
    }
  ],
  "spread_statistics": {
    "mean": 0.42,
    "median": 0.44,
    "min": 0.30,
    "max": 0.55,
    "standard_deviation": 0.08
  }
}

Error Responses

Status	Error	Description
400	Invalid contract format	Use YYYY-MM format
400	Date range exceeds maximum	Max 730 days
401	Authentication required	Missing or invalid API key
503	No data available	Data being refreshed, retry shortly

Code Examples

Python

import requests

api_key = "YOUR_API_KEY"
headers = {"Authorization": f"Token {api_key}"}

# Get current EUA carbon prices
response = requests.get(
    "https://api.oilpriceapi.com/v1/futures/eua-carbon",
    headers=headers
)
data = response.json()

for contract in data["contracts"]:
    print(f"{contract['contract_month']}: EUR {contract['last_price']}")
    print(f"  Days to expiry: {contract['days_to_expiry']}")
    print(f"  Status: {contract['contract_status']}")

JavaScript

const response = await fetch(
  "https://api.oilpriceapi.com/v1/futures/eua-carbon",
  {
    headers: { "Authorization": "Token YOUR_API_KEY" }
  }
);
const data = await response.json();

data.contracts.forEach(contract => {
  console.log(`${contract.contract_month}: EUR ${contract.last_price}`);
  console.log(`  Days to expiry: ${contract.days_to_expiry}`);
  console.log(`  Status: ${contract.contract_status}`);
});

Market Information

About EU ETS

The EU Emissions Trading System is the world's largest carbon market, covering approximately 40% of EU greenhouse gas emissions. Key features:

Participants: Power plants, industrial facilities, airlines
Cap: Total emissions are capped and reduced over time
Compliance: Emitters must surrender allowances equal to their emissions
Price drivers: Energy prices, weather, policy changes, economic activity

Trading Calendar

Trading hours: 07:00-17:00 CET
Contract expiry: Last Monday of the delivery month
Settlement: Physical delivery of EUA certificates