Nov WTI crude oil (CLX24) Monday closed up +1.34 (+1.94%), and Nov RBOB gasoline (RBX24) closed up +1.27 (+0.63%). Crude and gasoline prices Monday posted moderate gains. Monday’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, Monday’s rally in the dollar index (DXY00) to a 2-1/2 month high limited gains in energy prices. Chinese banks Monday boosted stimulus measures as they cut their benchmark lending rates by a more than expected -25 bp, which may spur econo…