Will China’s Appetite For Saudi Oil Return?

China’s crude oil imports from Saudi Arabia are unlikely to materially increase in the near term despite tanker-tracking evidence that arrivals rose in the first half of August, analysts say.   Early this month, global imports of Saudi crude grades showed signs of recovery, after hitting fresh lows in July, Jay Maroo, Head of Market Intelligence & Analysis (MENA) at Vortexa, wrote in a note last week. Most of the monthly rise in Saudi crude imports in August arrivals has been due to higher imports from the core buyers in Asia—China,…