The Namibia Press Agency, (NAMPA), was established in 1991 as a national news agency responsible for the distribution of local, regional and international news.

UPDATE 3-Oil jumps more than 1 pct after 2-day fall, still set for weekly drop

Contributed by NAMPA / Reuters.

* U.S., Brent crude set for first weekly drop in five weeks
* China's September crude imports mark highest in 4 months
* Gulf of Mexico oil output cut by 40 pct due to Hurricane
Michael
(Adds detail on China imports, updates prices)
By Aaron Sheldrick
TOKYO, Oct 12 (Reuters) - Crude prices jumped 1 percent on
Friday, rebounding after two days of heavy declines with support
from robust Chinese crude imports, but oil was still heading for
its first weekly ...

 

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