Also declines to comment on OPEC+ plans ahead of the meeting this week

It's arguably the only response that he could give, otherwise the oil market would be in a bit of a panic - after having seen the 13% plunge on Friday.

In truth, nobody knows for sure how serious the Omicron variant is going to be but for now, markets are on edge but breathing a little easier to start the new week.

Oil is up a little over 5% to $71.59 at the moment.