Oxlade-Chamberlain has yet to figure for the Reds in 2020-21 due to a knee injury sustained during the pre-season training camp in Austria.
Alisson is also back in the squad at Craven Cottage after missing the last three fixtures with a hamstring issue.
Confirmation of the Reds’ starting line-up will be released at 3.30pm GMT on Liverpoolfc.com.