Nov WTI crude oil (CLX24) today is up +0.88 (+1.27%), and Nov RBOB gasoline (RBX24) is up +0.10 (+0.05%). Crude and gasoline prices today are moderately higher. Today’s action by Chinese banks to cut interest rates may spur economic growth and is bullish for crude prices. Also, heightened Middle East tensions are underpinning crude prices. However, a stronger dollar today is limiting gains in energy prices. Chinese banks today boosted stimulus measures as they cut their benchmark lending rates by a more than expected -25 bp, which may spur economic growth that boosts energy demand in China, th…