VIENNA, June 2 Reuters OPEC and its allies are unlikely to decide on further oil supply cuts at a meeting on Sunday despite a fall in oil prices toward 70 per barrel this week, two sources from the alliance said on Friday although another said the outcome was still unclear.

OPEC, which groups the Organization of the Petroleum Exporting Countries and allies led by Russia, pumps around 40 of the world39;s crude, meaning its policy decisions can have a major impact on oil prices.

Two OPEC sources said they did not expect the group to agree further output cuts on Sunday, when OPEC ministers gather at 2 p.m. in Vienna 1200 GMT. Before then, OPEC ministers will meet at 11 a.m. on Saturday.

Saudi Energy Minister Prince Abdulaziz bin Salman and his counterparts from Algeria and the United Arab Emirates are among those expected to arrive in Vienna later on Friday, sources said.

As the economic outlook worsened, several members of OPEC in April pledged voluntary cuts starting from May, adding to a 2 million barrels per day bpd reduction agreed last year.

Another source said it was too soon to be sure of the outcome on Sunday, with bilateral talks between ministers expected ahead of the meeting. A fourth source said the idea of formalising the voluntary cuts as an OPEC decision was being looked at.

The surprise announcement in April helped drive oil prices about 9 per barrel higher to above 87 before retreating to trade around 75 on Friday, under pressure from concerns about…