Power Saving on? That should give you red bars at the top and bottom. That's Oreo, nothing to worry about (except that you have to turn it on every time you turn the phone on). (In Pie they made a couple of changes - it sticks from one power on to the next, but no more bars - you have to look at the icon in the shade.)
Oh, and if you get Pie, the battery life should improve significantly. I went from 2 days to 3 days per charge with my usage (which, admittedly, is usually pretty light).