# Oil positions and prices back to neutral after Omicron-triggered flash crash: Kemp

> Oil prices fell sharply after Omicron news hit a thin-liquidity market, producing a flash crash. Prices then returned to neutral positioning as liquidity recovered.

- Date: 2021-12-01 · published 2021-12-01T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/6814-oil-positions-and-prices-back-to-neutral-after-omicron-triggered-flash-crash
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Crude is a key input for diesel and biofuel margins that feed into feed-ingredient costs, so the sharp swing signals short-term volatility in energy-linked feed inputs. The move is largely a positioning-driven reversal rather than a lasting change in supply or demand.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼

## Sources

- reuters.com: https://www.reuters.com/markets/europe/oil-positions-prices-back-neutral-after-omicron-triggered-flash-crash-kemp-2021-11-30/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.