Saudi Finance Minister Mohammed Al-Jadaan said the kingdom would "take stock" of its spending priorities in response to a significant decline in oil revenue, the Financial Times reported on Thursday.

The eight members, set to meet online at 0900 GMT, could discuss an increase larger than 411,000 bpd for July, two sources familiar with OPEC+ talks and two OPEC+ delegates said. They could also keep the hike at 411,000 bpd, other sources said.

Saudi Arabia may reduce its crude oil prices for Asian buyers due to rising OPEC+ supply and market share competition.

The world's biggest oil exporter Saudi Arabia may cut its crude prices for Asian buyers in July to the lowest in six months, refiners said, tracking losses in benchmark prices driven by rising supply from OPEC+.

Saudi Arabia’s sliding stocks are on course to be the worst performers globally this month as falling oil prices prompt concerns of slower spending on mega projects in the kingdom.

Saudi Arabia is reconsidering the pace and scope of its investment projects and may increase borrowing as plunging oil prices widen its budget deficit.

"Bahrain is the testing ground for countries in the region," said Noor Al Khulaif, minister of sustainable development.

David Commins’ nuanced analysis of the kingdom’s transformation highlights the ongoing tensions that the monarchy needs to manage

Saudi Arabia has pledged £470 billion ($600 billion) to the U.S., focusing on AI, defence and energy. The move strengthens bilateral ties and supports the Kingdom's Vision 2030 strategy.

Saudi Arabia aims to increase potential public offerings as it seeks to diversify its economy away from oil and develop its financial sector.

Donald Trump came to Saudi Arabia earlier this month, with big U.S. business leaders in tow, to embrace Saudi’s young leader, Mohammed bin Salman, and his 2030 plans to reshape its oil economy. As Canada looks to diversify its own trade relationships,