Rigging equipment is pictured in a field outside of Sweetwater, Texas June 4, 2015. An oil output cut by global producers, following on from the output freeze initiative, is quite unlikely and would be months away, OPEC sources said, suggesting any additional action to boost prices is remote. The freeze plan – to be discussed by OPEC and non-members such as Russia on Sunday in Doha – has helped oil prices to rise over 60 percent from a 12-year low near $27 a barrel in January, despite doubts whether it is enough to tackle a supply glut. While a cut would go further, OPEC delegates say doubts over compliance with the output freeze and the uncertainties over Libyan and Iranian supply means that any discussion of a cut would be unlikely before late 2016 or next year. “It is difficult to talk about a cut,” said a delegate from […]