OPEC Gulf delegates say producers' meeting unlikely this month

A meeting among major producers to cap output at January levels is no longer expected to take place this month, according to four OPEC delegates, Bloomberg reported.

!!!!!!!!!!!!!!!! UAA1 !!!!!!!!!!!!!!!

"Major oil producers are likely to meet in April, possibly in Doha or Russia," OPEC Gulf delegates said, according to Bloomberg.

The meeting may not take place if most of the major manufacturers do not agree to cap oil output.

Read alsoOPEC oil output slips from record on Iraqi disruption - Reuters surveyAs reported earlier, Saudi Arabia, Russia, Venezuela and Qatar agreed to keep production at January levels, as long as others follow suit, in an effort to revive prices from a 12-year low.

!!!!!!!!!!!!!!!!!!!!!!!! UAA2 !!!!!!!!!!!!!!!!!!!!!