![](https://i-invdn-com.investing.com/redesign/images/seo/investingcom_analysis_og.jpg)
The Energy Report: China Cuts Both Ways
China cuts rates to try to support the economy at a time when the physical oil market is tightening. The People’s Bank of China on Monday cut the seven-day reverse repo rate to 1.7% from 1.8%, and minutes and lending rates were lowered by the same margin …