Brent oil flat on demand concerns from the Euro Zone

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Source: Dukascopy Bank
Energy markets were mostly higher on Wednesday as news that Greece will receive the latest bailout package eased worries about crisis in the region.

Crude oil was the only loser as US inventories continued to stockpile. Moreover, increasing oil supplies from the OPEC continued to create additional pressure on the crude oil's price.

Brent oil was marginally higher as demand concerns slightly decreased after reports that Greece will gain monetary support from the euro zone. 

Natural gas surged to eight-week high after IEA trimmed its estimate for domestic production and raised demand forecast.

Heating oil was steady amid relatively high US inventories and normal temperatures for this year period.
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