US President Donald Trump late on Thursday said he has instructed the US Trade Representative (USTR) to consider $100bn in additional tariffs against China but is still open to have discussions to remove trade barriers. SEE MORE Oil held near $63 a barrel after U.S. crude stockpiles declined and trade tensions between the U.S. and China showed tentative signs of easing. SEE MORE China is set to impose more anti-dumping duties (ADDs) on chemical imports this year amid escalating trade tensions with the US but there has been no major shift in the market sentiment for the affected products. SEE MORE OPEC and its allies should maintain oil supply curbs to guarantee healthy price levels which will allow increased investment in the industry and help avoid a big supply and price shock in the long run, OPEC member Qatar said. SEE MORE Crude prices pushed lower on Wednesday, as investors looked ahead to fresh weekly data on U.S. commercial crude inventories to gauge the strength of demand in the world’s largest oil consumer and how fast output levels will continue to rise. SEE MORE