# Full gas stocks slash Gazprom's market share in Europe

> 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.

- Date: 2020-07-10 · published 2020-07-10T12:00:00.000Z
- Category: market · region Europe · magnitude low
- Page: https://feedsoft.ai/events/52291-full-gas-stocks-slash-gazprom-s-market-share-in-europe
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

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.

## Read by commodity

- NATGAS: bearish ▼

## Sources

- reuters.com: https://www.reuters.com/article/markets/currencies/full-gas-stocks-slash-gazproms-market-share-in-europe-idUSKBN24B18O/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.