OPEC+ on Jan 1 this year cut output by 1.2 million barrels per day (bpd), and in July, renewed the pact until March 2020.

A forecast by the International Energy Agency for slower global oil demand growth post-2025 also weighed on the market.

China’s latest push for more tariff rollbacks would be discussed, but was not expected to derail progress toward an interim deal.

Boeing has been increasing its industrial footprint in China as it aims to increase its sales lead over Europe’s Airbus SE in Asia.

After coming to power, Trump has imposed 25 per cent import tariff on Chinese products worth USD 250 billion.

Trade ministry said it remains engaged in talks over the pact, seeking to strike a balance between tariff cuts and domestic sensitivities.