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July WTI crude oil (CLN24) today is up +1.27 (+1.58%), and July RBOB gasoline (RBN24) is up +3.29 (+1.34%). Crude oil and gasoline prices today are moderately higher, with crude posting a 7-week high and gasoline posting a 3-week high. A weaker dollar today is supportive of energy prices. Crude also has support on expectations that global oil supplies will remain tight in the medium term after Saudi Arabia said last week that it could reverse OPEC+ production changes to support crude prices and after Russia vowed to cut back its crude production. Today’s global economic news was mixed for ener…

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