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July WTI crude oil (CLN24) today is up +1.31 (+1.73%), and July RBOB gasoline (RBN24) is up +1.41 (+0.59%). Crude oil and gasoline prices today are moderately higher, with crude posting a 1-week high. Crude oil prices are seeing support from news of increased global air travel and fuel demand after Bloomberg NEF said a record 10.5 million flights are scheduled in Q3. Crude also has carryover support from last Thursday when Saudi Arabia Energy Minister Prince Abdulaziz bin Salman said OPEC+ could pause or reverse its decision to boost crude production if prices falter. Today’s rally in the doll…

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