Oil prices are at an 8-week high, with a host of factors creating the perfect environment for the commodity to re-enter the bull market. Brent oil is still hovering above the $50 per barrel mark while crude oil is above $48 per barrel:While this is still far below the $100 per barrel highs of June 2014, it is a marked recovery. Oil prices threatened to hit $20 per barrel at the beginning of this year while recent upward price movements have struggled to breach the $50 per barrel mark. But now oil prices are back in a bull market. The reasons why are: 1. The US dollar is weak — Historical market fundamentals show that ... (full story)