Production to increase
There's hope that gasoline prices may at least level off and may even reduce some starting next month.
That's because UN Secretary-General Ban Ki-moon has convinced the Saudis to increase oil production in July.
The Saudis recently also said that they are looking into the high crude oil prices under which the world is now suffering.
They fear that people may reduce oil consumption because of the high prices hurting the oil business in the long run. Saudi Arabia is the world's largest producer of oil.
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