* OPEC+ considering further 500,000 bpd cut to oil
(Updates prices, adds Fitch forecast, WSJ report)
LONDON Oil prices rose to their highest in more than a week on Monday after two large crude production bases in Libya began shutting down amid a military blockade, risking reducing crude flows from the OPEC member to a trickle.
LONDON Iran is relying on its neighbouring countries to sell a surplus of gasoil it has created at home due to U.S. sanctions, trade documents and industry data showed.
* 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.