The Ibex Halts Its Rebound Amid Rising Interest Rates and Oil at $100
The Ibex 35 attempts to recover after the ECB's rate hike and oil surpassing $100.
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Oil surpasses 105 dollars due to tensions in the Middle East. The Houthi takeover of the port of Mocha worsens the situation in the region.
The Ibex 35 attempts to recover after the ECB's rate hike and oil surpassing $100.
The Ibex 35 falls below 20,000 points affected by Inditex and rising oil prices.
Repsol has increased by 90% in 2026, driven by oil at $100.
Brent crude has fallen below $97 after reaching nearly $100. Goldman Sachs raises its oil price forecasts.
The Ibex 35 hovers around 20,000 points, pressured by oil and inflation. ECB rate hike expected on September 10.
Morgan Stanley has set a target price of €26.50 for Repsol, suggesting a downside potential of 6.5%. This valuation contrasts with others above €30.
Ibex 35 closes at 20,000.20 points, a rise of 1.12%, after three days of declines.
Trump claims Venezuela is not ready for elections, but they will be 'soon'. His statement coincides with a deal granting the US control over part of Venezuela's oil.
The Ibex 35 starts September with declines due to rising oil prices and debt. The index may fall below 19,800 points.
Trump presents a deal to control 65 billion barrels of oil in Venezuela. Analysts warn of political risks and the plan's low viability.
North American Blue Energy Partners has secured a 100-year concession to exploit oil in Venezuela, allowing drilling in 17 fields with 65 billion barrels.