April WTI crude oil (CLJ24) today is down -0.11 (-0.14%), and Apr RBOB gasoline (RBJ24) is up +0.0260 (+1.03%). Crude oil prices are being undercut by by the slightly higher dollar index and by today’s weakness in stocks. Also, crude oil is seeing some bearish carry-over after the president of China National Petroleum Corp’s Economics & Technology Research Institute said last Friday that China’s oil demand has entered a low-growth phase as greater use of electric vehicles and liquified natural gas will replace about 20 MMT or 10-12% of China’s gasoline and diesel consumption this year. Crude f…