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UPDATE 6-Oil rises 1 pct on Saudi comments, forecast of US stocks drop

* Saudi energy minister determined to end oil glut

* Iraqi Kurdistan oil flows to Turkey rise, but below normal

* U.S. crude inventories expected to have fallen for 5th week

* API report on U.S. inventories due at 2030 GMT (Updates throughout, adds quotes, updates prices, changes byline, changes dateline from LONDON)

NEW YORK, Oct 24 (Reuters) - Brent oil rose 1.3 percent on Tuesday after top exporter Saudi Arabia said it was determined to end a supply glut, while prices also drew support from forecasts of a further drop in U.S. crude inventories.

The Saudi energy minister said the focus remained on reducing oil stocks in industrialised countries to their five-year average and raised the prospect of prolonged output restraint once an OPEC-led supply-cutting pact ends.

The oil market has been concerned that, once the supply deal expires, producers will ramp up shipments again and cause prices to fall.

"When we get closer to that (five-year average) we will decide how we smoothly exit the current arrangement, maybe go to a different arrangement to keep supply and demand closely balanced so we don't have a return to higher inventories," the minister, Khalid al-Falih, told Reuters at an investor conference in Riyadh on Tuesday.

Falih also added global oil demand is expected to grow by 45 percent by 2050 despite an international push for using more renewable sources of energy.

Brent crude, the global benchmark, was up 73 cents or 1.3 percent to $58.10 a barrel at 11:53 EDT (1553 GMT). U.S. crude gained 52 cents or 1 percent to $52.42.

The Organization of the Petroleum Exporting Countries (OPEC), plus Russia and nine other producers, have cut oil output by about 1.8 million barrels per day (bpd) since January. The pact runs to March 2018 and they are considering extending it.

"OPEC continues to have their compliance cuts that are really in line," said Mark Watkins, regional investment manager at U.S. Bank, "It's providing stability which is definitely beneficial."

Prices also drew support from expectations U.S. crude inventories will show a drop of 2.5 million barrels in the latest weekly supply reports, which would be the fifth straight week of declines and a sign the OPEC-led cut is working.

The American Petroleum Institute (API), an industry group, releases its data at 4:30 p.m. EDT on Tuesday. The U.S. government's Energy Information Administration releases its report on Wednesday.

Oil was down earlier in the session as crude flows through Iraq's northern pipeline to Ceyhan in Turkey rose further.

Pumping along the pipeline rose to 300,000 bpd on Tuesday, a shipping source said. Output fell from 600,000 bpd last week when Iraqi forces retook control of oilfields from Kurdish fighters.

The disruption to exports from Iraq, the second-largest producer in OPEC, has supported the market and should give the group's already high compliance with the cutback agreement a boost in October.

(Additonal reporting by Alex Lawler in London, Osamu Tsukimori; Editing by Dale Hudson and Chris Reese)