Latest Oil news
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Brent rises 2.6% to $93.37 amid tensions between the US and Iran. Wall Street falls and country risk hits monthly highs.
The Ibex 35 rises by 1.92% weekly to 19,585 points, its first advance in three weeks, driven by results from Acerinox, Sabadell, and Repsol despite high oil prices.
Ibex 35 rises 1.65% to close at 19,585.4 points, boosted by the banking sector. Brent oil falls 4.7% despite escalation in the Middle East.
Gold drops 0.2% to $4,037 per ounce due to expensive oil and fears of a Fed rate hike in September.
Ibex 35 drops 1.55% to 19,267 points, weighed down by the ECB and oil over 100 dollars after Houthi attack on Saudi ships.
Ibex 35 falls 0.30% at the open to 19,513 points, pressured by oil and the ECB meeting.
Ibex 35 rises 1.05% to 19,585 points, driven by oil at $95 and corporate earnings. ECB meets this Thursday.
Alphabet and Tesla release results after Wall Street closes, a key test for the AI rally. The Ibex 35 drops 0.12%.
Ibex 35 opens down 0.5% to 19,282 points, weighed down by oil at $93 and attention on corporate earnings.
Brent remains at $88.3 after surpassing $90 for the first time in a month. Houthi naval blockade threats strain markets as tech giants report.
Ibex 35 falls 0.4% due to Middle East tensions and the burden of Chinese AI, with Repsol up and tourism down.
Analyst Juan Ignacio Crespo warns that liquidity in the markets has disappeared, with the Fed injecting $35 billion daily and reverse repo at lows.