Indian Oil Extends Closing Date of March-Loading Crude Tender

Indian Oil Corp., the nation’s largest refiner, extended the closing date of a tender to buy West African crude for loading in March, an amended document obtained by Bloomberg News shows.

The tender will now close at 3 p.m. local time on Jan. 23 with offers valid until 5 p.m. the next day, a week later than originally scheduled, according to the document. IOC had last week purchased four million barrels of West African crude for loading in March.

To contact the reporter on this story: Rupert Rowling in London at rrowling@bloomberg.net

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