Oil prices settled higher again today, trading up as the chorus rings louder for $100/bbl crude. “While $90 could have triggered some profit-taking and a minor cooling of prices, this suggests they’ll see no reprieve and we could realistically see $100 oil soon,” said Craig Erlam, senior market analyst at OANDA. OPEC officials and analysts are saying that the oil rally may continue in the next few months and prices could top $100, due to recovering demand despite the spread of Omicron. In a speech today President Biden said he will work to increase oil supplies but did not provide much other context. WTI traded up $1.53 or 1.92% to close at $86.96. Brent traded up $0.93 or 1.06% to close at $88.44.