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Oil rises on Middle East worries, future cuts to borrowing costs

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Lower interest rates cut consumer borrowing costs, which can boost economic growth and demand for oil. The news also sent the dollar falling, which makes oil less expensive for foreign purchasers.

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​ Lower interest rates cut consumer borrowing costs, which can boost economic growth and demand for oil. The news also sent the dollar falling, which makes oil less expensive for foreign purchasers. Lower interest rates cut consumer borrowing costs, which can boost economic growth and demand for oil. The news also sent the dollar falling, which makes oil less expensive for foreign purchasers.  Moneycontrol Latest News Read More  

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