OPEC+: impact Omicron on oil prices temporary OPEC + is meeting this week to discuss output plans Bloomberg polled analysts: group may decide to keep outcut cut plans unchanged OPEC+ expects the effect of the Omicron variant of the coronavirus on oil prices to be mild and temporary, Reuters reported , citing a technical report by the group. “The impact of the new Omicron variant is expected to be mild and short-lived, as the world becomes better equipped to manage COVID-19 and its related challenges,” the report, by the extended cartel’s Joint Technical Committee, said. “This is in addition to a steady economic outlook in both the advanced and emerging economies.” OPEC + is meeting this week to discuss output plans, and the report suggests the group may decide to continue sticking with its original schedule of adding 400,000 bpd to combined output every month until production returns to […]