The top may not be too far away for oil prices

London

THE top of the oil market may be closer than you think.

With Brent futures having bounced back as high as US$41 a barrel, the International Energy Agency sees "light at the end of the tunnel", and Goldman Sachs Group Inc is spotting "green shoots". Even so, many analysts warn that, like the failed rally last year, this recovery will sputter once prices go high enough to keep US crude flowing.

"If prices keep going up, US production fro…