* Trump says China trade deal might have to wait
    * OPEC+ could take extra 400,000 bpd off market
    * Russia yet to finalize position for OPEC+ meeting -Novak
    * U.S. crude stocks fall more than expected -API

 (New throughout, adds API data, more comments)
    By Stephanie Kelly
    NEW YORK, Dec 3 (Reuters) - Oil steadied on Tuesday,
settling narrowly mixed as expectations of output cuts from OPEC
and allied producers helped prices bounce after a slide
following comments from U.S. President Donald Trump that a trade
deal with China may be delayed.
    Brent crude  LCOc1  futures fell 10 cents to settle at
$60.82 a barrel. U.S. West Texas Intermediate (WTI) crude  CLc1 
futures rose 14 cents to settle at $56.10 a barrel.
   Trump said a U.S.-China trade agreement might have to wait
until after next November's presidential election, denting hopes
of a quick resolution to a dispute that has weighed on the world
economy.  urn:newsml:reuters.com:*:nL8N28D2KI 
    "I have no deadline, no," Trump told reporters in London,
where he was to attend a meeting of NATO leaders. "In some ways,
I like the idea of waiting until after the election for the
China deal."
    The Organization of the Petroleum Exporting Countries (OPEC)
and its allies, known as OPEC+, are discussing a plan to deepen
a supply cut of 1.2 million barrels per day (bpd) by a further
400,000 bpd and extend the pact until June, two sources familiar
with the matter said.  urn:newsml:reuters.com:*:nL8N28C1IV
    Saudi Arabia is pushing the plan to boost the market before
the initial public offering of state-owned Saudi Aramco, the
sources said.
     "We see a possibility of such a decision but one that could
prove temporary if compliance among other participants is not
strictly adhered to into the New Year," Jim Ritterbusch,
president of Ritterbusch and Associates, said in a report. "So
while such a decision could spur some oil price strength over
the near term, the likelihood of a weak Q1 2020 pricing
environment would be increased."
    A senior official at the International Energy Agency (IEA)
said OPEC producers were unlikely to change their output curbs
until the market outlook becomes clearer.  urn:newsml:reuters.com:*:nL8N28D4QC
    Russian Energy Minister Alexander Novak said he expected
this week's meeting to be constructive but added that Moscow had
yet to finalize its position.  urn:newsml:reuters.com:*:nR4N28703Y
    Vagit Alekperov, CEO of Russia's second-biggest oil producer
Lukoil  LKOH.MM , said it would not be expedient to deepen
production cuts in the winter, especially for Russia.
 urn:newsml:reuters.com:*:nR4N287054
    JPMorgan said in a note that it expects OPEC+ to agree to
deepen the production cut to 1.5 million bpd until the end of
2020.  urn:newsml:reuters.com:*:nL8N28D41V
    OPEC ministers meet in Vienna on Thursday and the broader
OPEC+ group gathers on Friday.
    U.S. producers have been happy to meet any market shortfalls
with record-setting output. Growth into 2020 could range between
100,000 bpd and 1 million bpd.  urn:newsml:reuters.com:*:nL1N28700Z
    Crude inventories fell by 3.7 million barrels in the week to
Nov. 29 to 445.9 million, data from industry group the American
Petroleum Institute showed. Analysts had expected a fall of 1.7
million barrels.  urn:newsml:reuters.com:*:nL1N28D1NV
    Official government data is due on Wednesday.

    <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
CHART: U.S. oil may fall to $55.11     urn:newsml:reuters.com:*:nL4N28D0UU
CHART: Brent oil may hover above $60.87     urn:newsml:reuters.com:*:nL4N28D0J3
    ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>
 (Additional reporting by Ahmad Ghaddar in London and Aaron
Sheldrick in Tokyo
Editing by David Gregorio, Alexander Smith and Tom Brown)
 ((Stephanie.Kelly@thomsonreuters.com; 646-223-4471; Reuters
Messaging: stephanie.kelly.thomsonreuters.com@reuters.net))