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Transcripts For CNBC Squawk On The Street 20160224

Oil minister made strong comments about Production Cuts. Were going to look at the ripple effects across the energy market. Honeywell singing a different tune. The United Technology is about the prospects for the merger of the two. Target and lowes. Both retailers are in the red before the bell. Stocks falling all around the globe. The saudis ruling out this Production Cut and then data from the api showing a bigger than expected build in u. S. Crude. Of course, well get eia cue out with its own inventories in about 90 minutes. Its been a rough couple of days. Both the chatter and that, jim. Its a hoax, the deal. What they basically said is were going to produce a lot more if iran and iraq produce a lot more. Theyre good for about 3. 25, 3. 5 a day. Not only was there never any deal but they went up to 11. Theyre doing 10. 5. All these people who came on and said they dont care, are they out of their minds . Whats it been . A year and a half . Lets go over the numbers. U. S. Crude slip

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Turning back the pages
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