Thoughts 1. OPEC will suspend its 400,000 barrel per day increase
2. Omacron will replace Delta, but it's symptoms will be more mild. So far the observed symptoms are tiredness and body aches. One more step in the natural progression of COVID-19 into a fifth corona virus caused cold endemic in the human species
3. Oil consuming countries from China to Pakistan will buy all the oil they can in the next few days.
4. If this happens the smart money will try to get ahead of it and oil could reverse Friday's move just as fast