Interior Sec. Burgum thinks American companies will increase oil production amid supply stocks

Core Viewpoint - American companies are expected to announce increased production in the United States in response to price signals and current demand [1] Group 1 - Companies have been meeting over the past weeks and months to discuss production increases [1] - The announcements of increased production are anticipated to occur soon [1] - The production increase is a direct response to the current needs in the market [1]