Although member countries unanimously agreed to release 400 million barrels of oil from their reserves in an effort to lower rising oil prices, international media say that fuel prices have not fallen as much as expected.
Citing the International Energy Agency, the same media reported that the United States has decided to release 172 million barrels of oil from its strategic petroleum reserve starting next week.
The G7 and the European Union have also previously tried to control oil prices by releasing their defensive stocks.