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Market Speak: Geopolitical tensions lift oil, but oversupply to cap gains- July STEO

09-Jul-25 13:56 Hrs IST

In its July 8 Short-Term Energy Outlook, the Energy Information Administration revised its Brent crude forecast for 2025 to $69 per barrel, up $3 from last month's projection. The revision reflects a stronger geopolitical risk premium following mid-June tensions over Iran's nuclear program. However, despite the near-term uplift, the EIA maintains a more bearish long-term view, forecasting Brent to average just $58 per barrel in 2026 due to expected global inventory builds. Notably, this forecast was completed before OPEC+ announced higher production targets for August, which slightly exceeded the assumptions used in the outlook.

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1	01-04-2025	IA	REQUEST FOR PROPOSAL FOR APPOINTMENT OF CONCURRENT INTERNAL AUDITORS FOR PERIOD APRIL 2025 – MARCH 2026
2	01-04-2025	IA	REQUEST FOR PROPOSAL FOR APPOINTMENT OF INTERNAL AUDITORS FOR PERIOD APRIL 2025 – MARCH 2026 - IFCI
3	24-04-2025	IT	RFP for Services of IT Infrastructure Shifting & Configuration	Closed
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			C. Financial Bid
			D. Pre Bid Meeting Link
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			F. Financial Bid Opening
4	18-02-2025	IT	RFP for Procurement of HP Hard Disk	Closed
			A. General Information
			B. Technical Bid
			C. Financial Bid
5	18-02-2025	IT	RFP for Procurement of HP Server	Closed
			A. General Information
			B. Technical Bid
			C. Financial Bid
6	07-12-2024	Administration	RFP for office premises on lease at Chennai	Closed
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8	10-06-2024	IA	RFP for appointment of internal auditors and Concurrent Audit for period April 2024 – March 2025	Active upto 21/06/2024 end of the day
9	22-11-2023	Compliance	Procurement of AML/PML software Solution - VC Meeting Link for opening of Tender Box on 22/11/2023 at 4.30 pm	Closed
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11	28-10-2024	IT	RFP for Procurement of Firewall	Closed
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12	12-07-2023	ADMIN	RFP for Premises on Lease for Ahmedabad Branch
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13	07-07-2023	CS	RFP for Secretarial Audit
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19	24-04-2023	IA	Extension Of RFP iCOM IA for FY 2023-2024	Closed
20	25-04-2023	CS	Extension Of RFP for Seeking Quotations for Secretarial Audit Of IFIN Group for FY 2022-2023	Cancelled
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21	02-05-2023	IA	RFP For Appointment Of Internal Auditor for July 2023 - March 2024	Closed
22	02-05-2023	IA	RFP For Appointment Of Internal Auditor for July 2023 - March 2024 for operations, accounts and control related activities.	Closed
23	24-04-2023	CS	RFP PCS Empannelment for ROC filing 2022-23	Closed
24	24-04-2023	IA	RFP For Appointment Of Internal Auditor iCOM 23-24	Closed
25	14-03-2023	IA	RFP for appointment of internal auditor in the iCOM	Closed
26	25-04-2023	CS	RFP For Secretarial Audit 22-23	Closed