ALBAWABA – Oil prices rose on Tuesday on news of surprise rate cuts in China as the Chinese central bank attempts to stimulate sluggish China recovery by easing borrowing costs for financial institutions, news agencies reported. Brent crude futures rose $0.32, or 0.4 percent, to $86.53 per barrel by 0644 GMT and West Texas Intermediate (WTI) crude was up $0.26, or 0.3 percent, trading at $82.77 a barrel, according to ...