London/New York (CNN Business) OPEC and Russia have postponed a meeting set for Monday to discuss supply cuts and ending a brutal price war . The meeting is now scheduled for April 9, an OPEC source told CNN on Saturday. The meeting, which was called by Saudi Arabia , comes after President Donald Trump suggested that massive production cuts could be on the way and Saudi Arabia called for an "urgent" effort to restore "balance" to the oil market. Both Saudi Arabia and Russia would like to get the United States, the world's leading oil producer, to join in emergency cuts aimed at halting the crash in oil prices. American Petroleum Institute CEO Mike Sommers, who was in the meeting, told CNN Business that possibility was not discussed.

Source: CNN April 04, 2020 20:37 UTC