Macleans.ca | It's crazy how closely oil prices have tracked the 1980s crash Macleans.ca The benchmark U.S. oil price jumped to a 2015 high on Tuesday, on fresh signs the nation's production is on the brink of a decline. The U.S. Energy Information Administration said U.S. crude-oil output, which hit a 42-year high in March, would peak in ... Iran deal may cut EIA oil price forecast by as much as $15/bbl End of Iran sanctions could cut oil prices by $15 a barrel, says EIA |