The value of Saudi Arabia’s oil exports plunged by 15.8% in the second quarter of 2025, despite the fact that the world’s top crude oil exporter returned to boosting production under the OPEC+ pact. The fall in the value of oil exports drove a 7.3% decline in total Saudi merchandise exports, the General Authority for Statistics said in its international trade Q2 overview. With oil export value down from a year ago due to the lower international benchmark prices, it was non-oil exports that shined in the second quarter. The value of…