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

Oil prices surge on easing concerns over trade tensions

Contributed by NAMPA / Xinhua.

NEW YORK, Aug. 13 (Xinhua) -- Oil prices surged on Tuesday as investors' concerns over U.S.-China trade tensions eased.
The West Texas Intermediate (WTI) for September delivery added 2.17 U.S. dollars to settle at 57.1 dollars a barrel on the New York Mercantile Exchange, while Brent crude for October delivery rose 2.73 dollars to close at 61.3 dollars a barrel on the London ICE Futures Exchange.
Senior Chinese official Yang Jiechi met with U.S. Secretary of State Mike Pompeo in New York on Tues ...



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