Sep WTI crude oil (CLU24) today is down -1.31 (-1.70%), and Sep RBOB gasoline (RBU24) is down -3.93 (-1.63%). Crude oil prices today are moderately lower, with crude tumbling to a 7-week low. Today’s rally in the dollar index (DXY00) to a 2-week high is undercutting energy prices. Also, energy demand concerns in China, the world’s second-largest crude consumer, are weighing on crude prices after China recently reported Q2 GDP that was the slowest economic growth in five quarters. Crude oil prices have underlying support from the Hamas-Israel conflict. Israel’s military continues to conduct ope…