Oil rises on Middle East worries, future cuts to borrowing costs
Brent crude oil price news: Brent futures rose 46 cents, or 0.6 per cent, to settle at $74.72 a barrel by 0007 GMT. US West Texas Intermediate (WTI) crude rose 48 cents, or 0.7 per cent, to settle at $69.95.
Brent crude oil price news: Oil prices rose in early Asian trade on Thursday. Image: Reuters/ Representational image