The world price of oil today, August 15; Brent oil was 77 dollars and 26 cents

reported Mehr News Agency, on Monday, oil is trading around the lowest figure in the last 8 months. The fear of a recession in America, as the world’s largest oil consumer, has neutralized the concern about increasing tensions in the Middle East and its effect on the region’s oil supply.

Accordingly, the price of a barrel of Brent North Sea oil today increased by 45 cents equivalent to 0.59% to 77 dollars and 26 cents arrived. Texas Intermediate oil West of the United States increased by 40 cents, equivalent to 0.54%, to $73 and 92 cents is traded.