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Reuters data shows Russia's Gazprom cut gas supply to northwest Europe and Italy more than other sellers in the first half of 2020. Its market share fell to 34% from 38% a year earlier as regional storage filled early.
Storage near full and a supply glut push European gas prices to record lows, reducing demand for competing fuels and weakening energy-linked input costs.
reuters.comEkaterina KravtsovaJul 10, 2020Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
