Sep WTI crude oil (CLU24) today is down -2.78 (-3.64%), and Sep RBOB gasoline (RBU24) is down -8.19 (-3.42%). Crude oil and gasoline prices today plummeted to 2-month lows on concerns about US energy demand. Today’s US economic reports on Jul nonfarm payrolls and Jun factory orders were weaker than expected, showing the US economy is losing momentum. Today’s selloff in the S&P 500 to an 8-week low also undercuts confidence in the economic outlook and energy demand and is bearish for crude prices. Crude prices tumbled today despite the dollar index (DXY00) sinking to a 4-1/2 month low. Today’s …