Saturday, July 4, 2026
Finding Costs Drop to 10-Year Low - Oil & Gas 360

WTI Reaches Highest Price Since Thanksgiving Day, 2014

In a moment sprinkled with some irony, on Thursday West Texas Intermediate oil prices almost returned to a price not seen since the infamous “Thanksgiving surprise” in 2014. WTI reached $71.89 in intraday trading, and closed up $0.23 at $71.37/bbl. Not quite to $72, but close. The last time $72 oil was traded was November 28, 2014, the day OPEC