CNBC Squawk Alley October 13, 2016
Surpassing the build we got from the api last night. A drawdown in gasoline, 1. 9 million barrels. We were trading 50. 18, that was flat before the report. You can see were under 50 now. Its actually the first build that weve seen in six weeks. Seasonally, we expect to build at this time, but we havent seen it. Now its starting to hit the market. Now there was strong support in crude oil at 50, but this really pushed us through. And remember, were dealing with a dollar thats strengthening as well. So thats going to add some pressure. Yes, theres some optimism out there about opec, rush sharks ...