The 1/2 rate cut was yesterday, already factored into the market and the price of oil at the end of day declined.
If the int cut was to be so pivital to rising prices, then we would have seen a 2% rise in prices by end of day yesterday and likely up significantly today too. But I see oil is only up only .78 cents right now which when added to the decline yesterday is essentially flat... LOL
Oil prices rise 2% after US rate cut