The group would meet in Vienna Austria to deliberate on the matter.
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Five rounds of crude sale have so far been taken place at the energy exchange.
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Battery manufacturers hope to find more sustainable alternatives to lithium-ion batteries.
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A jump in LNG supplies contributed significantly to oversupply in the European gas market.
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The organization is more directly represented by its secretary-general. currently the Nigerian Mohammad Barkindo.
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A flurry of intensifying risks could trigger an energy market ".crunch". over the coming months.
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The tender was the largest in its history Exxon participated in an exploration project in Egypt.
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Moscow is better positioned to balance its budget at current levels than Saudi Arabia.
Read More »Trump Says Military Intervention in Venezuela `An Option`
The Trump administration last week issued crippling sanctions on Venezuelan state-owned oil firm PDVSA.
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Oil has rebounded this year as OPEC’s production cuts have taken effect.
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