🟢 Repsol is trading 5% up today alongside Middle East oil-supply concerns

Repsol is trading at €30.09, up 5.06%, against a backdrop of oil-market supply concerns.

• On October 8, oil rose amid Middle East supply concerns and shipping attacks; Brent reached $102.28 in early trading. Coverage does not explicitly tie oil moves to Repsol’s October 9 share move.
• Repsol’s latest trading update reported Spain’s third-quarter refining margin at $36.2 per barrel, up 158.6% from the previous quarter. Coverage does not establish it as the direct cause of the October 9 move.