Oil Production

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Saudi Arabia has increased the production of oil to 10 MILLION barrels per day! Oh my God! I didn't realize that we consume that much oil every day. No wonder the supply is going down! Anyway, it's unavoidable to not increase production because prices are just too high nowadays. The shortage of oil supply has caused the prices of other commodities to increase as well, leading to inflation in many countries around the world. Now that the production has increased, I'm hoping that the price of oil will stabilize for a while. I still think the price per liter will be staggering by the end of the year, but hopefully, it won't keep increasing for now.