A glut in the world’s crude oil supply could drag oil prices down to as low as $20 per barrel, Goldman Sachs analysts warned on Friday.
That prediction is Goldman’s worst-case scenario — its official forecast for 2016 dipped from $57 to $45 — but the dreary outlook was enough to send the benchmark price for U.S. oil down 2% on Friday as investors came to terms with the fact that prices aren’t expected to rise anytime soon.
“The oil market is even more oversupplied than we had expected, and we now forecast this surplus to persist in 2016,” the analysts wrote in a note to clients on Friday.
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After beating her older sister Venus in a poignant U.S. Open quarterfinal — and reaching the doorstep of just the fifth calendar Grand Slam in tennis history — it seemed that Serena Williams had a much easier task Friday afternoon in New York. All she had to do was win against Roberta Vinci, just the 43rd ranked player in the world
How wrong we all were.
Vinci upset an emotional Williams in three sets to end Williams’ quest to win all four of her sport’s biggest tournaments in a single calendar year. The stakes for Williams, at least in the public eye, couldn’t have been higher: Had she pulled off the feat for the first time since Steffi Graf did in 1988, it would have cemented her in many observers’ eyes as without a doubt the greatest women’s tennis player of all time Read more…
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PARIS — The floral scents wafted into the 19th-century Parisian courtyard Friday outside the launch of famed French perfumer Fragonard’s first flagship perfume museum.
The sprawling building — once home to a lewd Parisian theater and later a chic velodrome — was renovated for two years to showcase the unique history and techniques behind the creation of perfume.
The Musée du Parfum Paris is in the 9th arrondissement, not far from the smaller Scribe museum which Fragonard has operated since 1983.
“The idea is to share our savoir-faire. It makes everyone dream. France is reputed for perfume, so our aim is to share the treasures we have accumulated,” said Agnes Costa Webster, great-granddaughter of Fragonard founder Jean-Francois Costa, who delved into the family’s vast collections to create the museum. Read more…
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If your ideal form of erotic punishment is a painstaking Windows 10 installation, then do we have a 50 Shades of Grey parody for you.
The Twitter account @50NerdsOfGrey gives the wildly popular and fairly awkward series the nerdy twist we didn’t know it needed
Beware, this content is NFSW — at least for algebra enthusiasts.
Here are a few selections from your new fave Twitter. Rest assured they’re all as sexy as the new Google logo.
‘It’s just so long,’ she cried, ‘I don’t think I can take it all in.’ ‘I’m sorry,’ he said, ‘but I did tell you it was the director’s cut.’
— 50 Nerds of Grey (@50NerdsofGrey) September 5, 2015 Read more…
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The Oakland Zoo is raising money for conservation by auctioning artwork made by elephants, giraffes and other resident animals
Bids start at $200 on eBay and bidding will end on Sept. 20. According to zoo spokeswoman Nicky Mora, the funds raised will benefit Oakland Zoo’s conservation partners working in the field to save wild animals. Last year, the zoo raised nearly $10,000 selling 12 paintings.
Additional reporting by The Associated Press Read more…
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Burning all of the currently accessible oil, natural gas and coal in the world would have catastrophic consequences for coastal populations around the world, a new study shows
The amount of planet-warming greenhouse gases released by this combustion would be sufficient to warm the planet by at least 16 degrees Fahrenheit on average and melt the entire Antarctic ice sheet — as well as Greenland
In other words, we could be headed for a completely ice-free world.
A total loss of the Greenland and Antarctic ice sheets would swell global sea levels by about 200 feet, or 60 meters, during the next 10,000 years, the study says. Read more…
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You lead an active lifestyle, and your idea of a family vacation includes huddling around the campfire, hiking through rugged terrain or white water rafting.
And while you have a great appreciation for the great outdoors, you also happen to love your iPhone
Electronics and the elements don’t always get along. And even for the average iPhone user who doesn’t spend their days on a bike, hike or zip line, a cracked screen or sticky-substance-smothered device is a major bummer — not to mention an inconvenience.
Below, we talked to tech experts and outdoors enthusiasts about how they use and protect their devices when exploring the great outdoors Read more…
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James Holmes will spend the rest of his life behind bars for the 2012 theater shooting in Aurora, Colorado, but that hasn’t stopped scores of women from sending him selfies and letters of admiration
More than 200 pages of correspondence from Holmes supporters were among the documents that the district attorney’s office released this week. Many of the letters were handwritten and accompanied by pouty selfies that Holmes later hung on his cell wall.
Some praise Holmes for his boyish good looks. Others read like a “dear diary” for people who have no one to talk to. A few are written by supporters who turned up in court during Holmes trial. Young women sat in the back of the room and tried to get the killer’s attention. Read more…
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Yes, Street Fighter EX featured Pullum Purna — but that was a spin-off. So hush, peanut gallery.
Rashid follows Necalli, becoming the second new brawler to join the Street Fighter V roster. He was revealed when series producer Yoshinori Ono took the stage at the Games 15 Middle East video game event, held from Sept. 10-12 in Dubai.
The trailer that introduces Rashid gives a sense of what to expect from him as a fighter. He harnesses the power of wind to spit out mini-tornadoes and move swiftly, ducking below Hadouken fireballs and sliding past his enemies to outflank them. Read more…
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Hemingway once said, “I drink to make other people more interesting.”
He was far more interesting of a subject than I am, but I often joke that at my age and place in life, people may need to drink to find me interesting.
Fast forward to a bunch of quick-witted 20-somethings at Mashable sitting in a room with this journalist, trying to noodle around ideas for a video series in which I interviewed people who were a lot more interesting than, well, me.
We talked about candid conversations, fireside chats, my love for fly-fishing — and then realized that the logistics of fly fishing while trying to interview someone like Hillary Clinton could get a little slippery. Then I told the group that, like Hemingway, I was a whisky drinker Read more…
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