The Ibex 35 has started the session this Monday, the first of the month of April, with a decrease of 0.2%, up to 9,212 points, in a day in which the price of oil has woken up skyrocketing after the surprise decision of OPEC to cut back its production.

With the markets attentive to the evolution of crude oil, investors will also be awaiting the publication of the manufacturing PMIs of several European countries and the euro zone.

In the early stages of this Monday’s session, the biggest increases within the Ibex 35 were recorded by Repsol (2.68%), CaixaBank (1.28%), Merlin (1.05%), Enag├ís (0.85 %) and Unicaja Banco (0.51%).

On the other hand, the most pronounced decreases were registered by BBVA (-3.90%), ArcelorMittal (-1.96%), IAG (-1.92%), Aena (-1.04%) and Fluidra (- 0.93%).

The main European stock markets opened this Monday with mixed trends: while Frankfurt lost 0.1%, Milan and Paris appreciated 0.2% and London gained 0.5%.

After OPEC’s decision to cut production, the price of a barrel of Brent quality oil, a reference for the Old Continent, shot up 5.3%, to $84.11, while Texas stood at 79 .60 dollars, 5.1% more.

In the currency market, the price of the euro against the dollar stood at 1.0816 ‘green bills’, while the interest required on the 10-year bond fell to 3.336%.