Eric WatkinsOil Diplomacy EditorSaudi Arabia will increase its oil production to 10 million b/d in an effort to meet rising global demand, especially in China, where imports rose by 876,000 b/d in May over last year.Saudi Arabia's Al-Hayat newspaper said the country's oil officials have decided to boost production in July up from the current 9.3 million b/d, with most of the additional output goin