EIA report lower crude, higher gasoline inventories

Here’s the excerpt from squawkbox on the EIA crude oil inventories report:

Summary is a 6.2 million drawdown in crude oil with a 4.5 million build in gasoline.

welcome back to squawk on the street. numbers are out for inventories and it’s a mixed report. bigger than expected draw down when it came to crude, down 6.2 million barrels but we also saw a bigger than expected build in gasoline similar to the apis last night of nearly 4.5 million barrel build in gasoline. overall, though, the energy markets, commodities overall, under pressure this morning with that disappointing bond auction in germany, disappointing pmi data coming out of china earlier, coming in with a reading of 48 which would say a little contraction in manufacturing there, so that already had this market worried. jpmorgan downgrading commodities but investors seem to be doing that on their own. we’ll get the eai invin tone for nat gas a little later today. thanks. some stories we’re squawk