- Brent crude traded just shy of $80/Bbl despite the global surge of the Omicron variant
- Analysts cite support from production disruptions in Libya, Ecuador, and Nigeria, and the expectation of another large crude inventory drop in the U.S. (UBS)
- U.S. airline travel continues to see cancellations due to staffing shortages
- More than 1,000 flights were canceled on Monday
- Dr. Fauci, the U.S.government’s infectious disease expert, said a vaccine mandate for domestic air travel should be considered
- The CDC said Monday it was shortening the recommended isolation time for infected Americans to five days from 10 days previously if they are asymptomatic. A move that could help airlines mitigate staff shortages (Reuters)