Oil markets search for signs of a bubble bursting

NEW YORK

Given the market’s inability to spark a rally Friday, following the week’s big sell-off, is it time to declare the energy bubble over?

Experts aren’t ready to go that far yet. Oil has bounced back from big drops more than once in its march to fresh records the past year.

But sentiments are shifting. Experts who just days ago thought the market’s meteoric run still had legs are growing cautious. Some say last Friday’s high above $147 a barrel may be the last record the market sees