NYSE trader: Expect OPEC to raise oil production by as much as 1 million barrels of crude per day

Yahoo Finance Video

Alan Valdes of Silverbear Capital joins Yahoo Finance's Seana Smith from the floor of the New York Stock Exchange to discuss the latest market moves after crude oil dropped following the weekly Department of Energy EIA Petroleum Stats report, showing a surprise build in oil, gasoline and distillate inventories.

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