* Today oil traded a 2022 peak at $86.71, 1 cent above 2021's high
* Oil has since dropped sharply to $85.81
* After trading $86.70 in 2021 oil fell around $20/bbl
* In 2018 after oil peaked at $86.74 it dropped almost $30/bbl
* $81.76 and $78.69 are correction targets for oil's Dec-Jan gains
* LNG which has plummeted $15 from Dec 21 high hints at another peak
* Natgas has also pulled back sharply after early 2022 gains
(Jeremy Boulton is a Reuters market analyst. The views expressed are his own) ((jeremy.boulton@thomsonreuters.com))
