"The Trump victory and significant downward pressure on the oil price over the last couple of weeks will draw OPEC back together," said UBS' commodities and FX strategist, Wayne Gordon.
Dollar-denominated crude oil prices have been under pressure since Trump's win pushed up the greenback amid talk of infighting within the oil group. As major oil benchmarks are priced in dollars, a stronger greenback typically makes it more expensive to buy oil.
U.S. crude oil futures fell as much as 4 percent immediately following Trump's surprise win to a two-month low near $43 a barrel. They have moved in the $43-$46 a barrel range since then, down from around $50 a barrel for much of October.
OPEC members agreed at a September meeting in Algiers that they would work on an agreement to cut production to between 32.5 and 33 million barrels a day. The group produced more than 33.6 million barrels a day in October.