After a period of relative stability, the global oil market has shifted direction. Brent and WTI have both recorded their steepest weekly declines since early 2023, with Brent now trading below $70 per barrel. This drop is being driven by a combination of easing geopolitical tension, growing supply, and a reset in market sentiment following months of elevated prices.

For buyers and trading groups, the key question is not what happened, but what action to take next.

At Auctora Trade Group, our role is not only to facilitate transactions. We advise our clients through fast-moving conditions, helping them to position strategically. Here is what we believe clients need to know right now.



1. The Fall in Price May Be Temporary

The market has responded quickly to news of potential ceasefire agreements and oversupply concerns, but the fundamental risks have not gone away. OPEC+ continues to manage production levels closely, and regional disruptions are still a threat to global supply.

Our view is that this is a repricing, not a collapse. Buyers who sit on the sidelines too long may miss an optimal entry point and find themselves negotiating under pressure when volatility returns.

2. This Is a Buyer’s Window

In periods like this, sentiment tends to outweigh fundamentals. For active and qualified buyers, this creates a clear opportunity to:

• Lock in pricing while it is favourable
• Negotiate more flexible terms with motivated sellers
• Expand or diversify their supply base

We are currently supporting several buyers who are securing long-term allocations for EN590 and LNG under improved terms.

3. Think Strategically, Not Emotionally

Sudden market movement often causes either hesitation or panic buying. Neither approach is effective.

We encourage clients to assess their actual needs for Q3 and Q4, understand which sellers are offering verified and executable deals, and secure the right payment terms or instruments that fit the current landscape.

Auctora provides real-time advisory, seller validation, and guidance on structuring deals correctly to avoid delays and mitigate risk.

4. Stay Informed and Avoid Reactive Decisions

Volatility will continue. Oil prices remain sensitive to political developments, inflation outlooks, and interest rate speculation. Currency moves and logistical issues may also affect cost and availability.

Buyers who stay close to current intelligence and take a structured approach to procurement will be best positioned to succeed in the coming months.

Final Thought

Markets reward preparation, not hesitation. What we are seeing today is not a signal to retreat. It is a moment to act with purpose.

If you are a buyer, mandate, or procurement lead considering your next move, Auctora Trade Group is here to provide you with insight, sourcing support, and reliable execution.