LONDON, May 29 (Reuters) - Oil prices rose on Wednesday

on expectations that major producers will extend output cuts at

a meeting on Sunday and that fuel consumption will start rising

with the start of the peak summer demand season.

Brent crude futures for July delivery added 74

cents, or 0.9%, to $84.96 a barrel by 0917 GMT. U.S. West Texas

Intermediate futures for July climbed 69 cents, or 0.9%,

to $80.52. Both benchmarks gained more than 1% on Tuesday.

Traders and analysts expect the OPEC+ group comprising the

Organization of the Petroleum Exporting Countries (OPEC) and

allies including Russia, to keep voluntary production cuts of

about 2.2 million barrels per day (bpd) in place.

"We see no appetite at this juncture to add more barrels to

the market and trigger another price move to the downside," said

RBC Capital analyst Helima Croft.

"The current price level is already causing several

producers to take on additional debt and push out timelines for

some high-profile projects."

The onset of the northern hemisphere summer season, when

demand for road an aviation fuels peaks, was also supporting

prices.

"Initial data suggest a relatively high number of U.S.

holiday trips have been taken over the Memorial Day holiday, the

traditional start of the driving season. Air travel has also

been strong," ANZ commodities strategist Daniel Hynes said in a

note.

Investors were awaiting U.S. crude inventory data from the

American Petroleum Institute later in the day. The release was

pushed back by a day because of the Memorial Day holiday on

Monday.

U.S. crude oil stockpiles are expected to have fallen by

about 1.9 million barrels last week, a preliminary Reuters poll

showed on Tuesday.

Investors are also awaiting U.S. inflation data this week,

which could sway expectations for interest rate cuts and affect

oil prices.

The U.S. core Personal Consumption Expenditures Price Index

report for April is due on Friday. The Fed's preferred inflation

barometer is expected to hold steady on a monthly basis.

Expectations for the timing of rate cuts have see-sawed,

with policymakers wary of sticky inflation.

Meanwhile, the Buzzard oilfield in the North Sea is

experiencing a temporary production outage, a spokesperson for

operator CNOOC said on Tuesday. Buzzard has capacity of 60,000

barrels of oil equivalent per day.