July WTI crude oil (CLN24) on Friday closed down -0.17 (-0.22%), and July RBOB gasoline (RBN24) closed down -1.60 (-0.56%). Crude oil and gasoline prices Friday posted modest losses. Friday’s rally in the dollar index (DXY00) to a 6-week high undercut energy prices. Also, Friday’s weaker-than-expected global economic news was bearish for energy demand and oil prices. Losses in crude were limited on positive carryover from Thursday when Russia vowed to cut back its crude production. Weakness in Friday’s global economic news was bearish for energy demand and oil prices. The University of Michiga…