I’ve already asked this on Reddit(https://goo.gl/9Ye98R) and TVTropes(https://goo.gl/cm7sXv), with no luck. A nice fellow recommended I post it here. More info can be found in the Reddit link.
‘It was a fantasy Spanish film that I suppose was made by the ’50s or ’60s judging by the look and sound. By the time I found it, the movie was half over, so I don’t know what happened before then. The details, or at least what I could remember at the time, are outlined in the Reddit post, but the most prevalent features to me were the shantytown, the angel-like creatures, the oil tycoon whose name was Mr.(Señor) Moby or some variation of it, and the scenes I listed. I especially recall the gag of the citizens paying to have a ‘front row seat’ to the sunset. The film aired on a Spanish channel(if I’m not mistaken, it was a Sony channel), so it wasn’t dubbed or subbed. My knowledge of Spanish at the time was, at best, mediocre, so sorry I wasn’t very exact on here nor Reddit.’