3 Things That Could Kill the New Bull Market in Oil

With little fanfare, crude oil entered a new bull market last week after notching a more than 20% rebound from its bottom in June. Fueling that rally was a noticeable improvement in oil market fundamentals thanks to accelerating demand growth and a decline in supplies, which combined to drain some of the excess inventory. In fact, the market has rebalanced so quickly, that some analysts think oil prices could skyrocket from here, especially if supplies were to tighten unexpectedly.

That said, while the market's mood is turning bullish, this could be a short-lived high because it's still in a fragile state. Here are three things that might upend the recent bull run.

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Source: Fool.com