Sometime in the last little while, apparently Oracle has added this feature back in. You can now increase or decrease the number or OCPUs by instance.
Just open the service console
Note: this is not an instantaneous change. The instance stops and starts to do this. While I've not tried, I believe there are REST calls you can use to automate this process, so maybe reduce the OCPUs on Friday night and bump them up on early Monday morning?
This does not allow you to stop and start an instance, but who knows , that might happen in one form or another in the future.
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