Half a million dollars' worth of extra virgin olive oil was stolen in Spain last week, El Mundo reported. That's because Spain's olive oil production dropped by 50% this year compared to the previous harvest. The olive oil was stored in a warehouse waiting to be bottled when it was stolen, according to local newspaper Diario Córdoba. The cost of a bottle of extra virgin olive oil has jumped about 15% since mid-July in Spanish supermarkets, Bloomberg reported. "Everyone is worried because the price is going to keep climbing, and olive oil is truly becoming liquid gold," Parra said, per Bloomberg.

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Persons: it's, Martin Parra, Parra Organizations: El Mundo, Service, country's Civil Guard, Diario Córdoba, Bloomberg, Olive Oil Times Locations: Spain, El, Wall, Silicon, Spanish, Córdoba, El Mundo