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July WTI crude oil (CLN24) Wednesday closed down -1.09 (-1.39%), and July RBOB gasoline (RBN24) closed down -3.95 (-1.58%). Crude oil and gasoline prices Wednesday fell to 1-week lows and closed moderately lower. Wednesday’s rally in the dollar index (DXY00) to a 1-week high was negative for energy prices. Crude prices maintained moderate losses after Wednesday’s weekly EIA report showed crude supplies unexpectedly rose last week. Higher than-expected Russian crude output is bearish for oil prices. According to Bloomberg calculations based on official data, Russian crude production in April wa…

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