* Graphic on U.S. petroleum inventories: https://tmsnrt.rs/35DZduT
(Updates prices, adds Trump's tweet)
* Gazprom Neft's CEO predicts oil prices at $55-$65 in Q1
(Update prices, adds WSJ report)
By Shadia Nasralla, Olesya Astakhova and Bozorgmehr Sharafedin
By Shadia Nasralla, Olesya Astakhova and Bozorgmehr
VIENNA OPEC is gearing up to deepen oil supply cuts later this week but still needs to strike an agreement with allies such as Russia on details of a deal to support prices and prevent a glut next year.
* Oil glut looming without cuts as U.S., Brazil, Norway pump
LONDON Oil prices ended mixed on Thursday, with U.S. prices rebounding modestly from concerns that arose from U.S. President Donald Trump signing into law a bill backing protesters in Hong Kong, fuelling tensions with China.
LONDON The plan to build a petrochemical plant near the Iranian city of Firouzabad had everything usually needed to get a project off the ground: approval from the nation's top authority, funding from the Revolutionary Guards and plentiful gas feedstock.
* Russia says it's premature to talk about deeper OPEC+ cuts
(Updates prices, adds comments, Russian remarks, changes
dateline to London)
LONDON While U.S. sanctions on Iran's oil industry have slashed the OPEC member's crude exports by more than 80%, oil product sales from the Islamic Republic remain strong at nearly $500 million a month, shipping data and Reuters calculations show.