Oil fell below $49 a barrel

By Alex Lawler

LONDON (Reuters) – Oil fell below $49 a barrel on Tuesday, giving up part of August’s strong rally, as signs of rising supply outweighed hopes that producing nations will agree steps to support prices.

A Nigerian militant group, which has claimed a wave of attacks on oil facilities, said at the weekend it was ready for a ceasefire and Iraq resumed pumping through a northern pipeline halted earlier this year.

Brent crude was down 59 cents at $48.57 a barrel at 0845 GMT (0445 ET). The global benchmark rallied 20 percent between the beginning of the month and Aug. 19.

U.S. crude was down 62 cents at $46.79.

“Today we remain bearish on crude oil,” said Georgi Slavov, analyst at Marex Spectron. “Supply looks likely to increase in the short term.”

Goldman Sachs, in a report, said talk of an output freeze by the Organization of the Petroleum Exporting Countries and a weak dollar had helped drive prices up this month but neither was enough to sustain current levels.

Oil prices have more than halved from mid-2014 due to a global supply glut.

Raising hopes that producers could revive efforts to tackle excess supply, Saudi Arabia’s Energy Minister Khalid al-Falih said on Aug. 11 OPEC and non-members will discuss the market next month including any action that may be needed.

The International Energy Forum, which groups producers and consumers, is due to meet on Sept. 26-28 in Algiers.

A previous attempt by producers to freeze output collapsed in April amid tensions between Iran and Saudi Arabia and the refusal of some countries to join. Analysts remain skeptical concrete action will result this time.

“We see too many headwinds and logistical challenges to a meaningful deal,” Morgan Stanley said in a report.

In focus later on Tuesday will be the first of this week’s reports on U.S. inventories, which analysts expect will show a decline in crude and gasoline stocks. [EIA/S]

The American Petroleum Institute, an industry group, is scheduled to release its data at 2030 GMT, while the government’s supply report is due on Wednesday.

Investors are also looking for clues on whether the U.S. Federal Reserve will raise interest rates this year. Fed Chair Janet Yellen will give a speech at a global central banking conference in Jackson Hole, Wyoming, on Friday.

(Additional reporting by Henning Gloystein in Singapore; Editing by Dale Hudson)

This might just be one of the greatest GIFs of all time

This incredible find from the Verge might just be the greatest GIF I’ve ever seen — it is certainly one of the funniest to land on the internet. We currently know nothing about where it came from or how it came to be, other than that there is so much comedy going on in just a few seconds. It’s almost like an old school slapstick routine. Read More


Source: TechCrunch

Walmart is buying Jet.com for $3 billion

Walmart Stores is buying Jet.com in a deal worth $3 billion dollars according to a source with direct knowledge of the deal, confirming reports that have been pouring in about the bid for Jet.com all week. According to our source the signatures for the deal were dry on Friday and will be announced as early as Monday morning — echoing what was reported in both Bloomberg and Recode.… Read More

Source: TechCrunch

The Internet – Evolution

The internet is basically a connection between networks of computers. Each network connects computers, printers, peripherals and other equipment with one another, through what most refer to as a router, however, a switch is actually the correct term. Those can then be connected to other networks with a router and a modem generally.

network-782707In order to gain access to other sites, it was necessary to create searching mechanisms, two of which were:

These have outdated, and more modern approaches are the popular web based indexes like:

  • Yahooyahoo-76684
  • Googlegoogle-76517

What makes the search engines unique are not only their ability to search and find information, but their ability to:

  • Catalogue
  • Qualitative listing

Websites were originally published using numerical addresses, like 45.192.36.23, however, as time went by scientists realized that this wasn’t any good, since it lacked:

  • A way to remember
  • A meaningful connection with the site

Domain names were eventually created, which were basically devided into two parts:

  • The prefix – like “cars”
  • The suffix – like “.com”, “.co.uk”, etc.,

The web has and is constantly evolving. I hope to write more in the coming weeks.

Tomas Berdych no irá a Río 2016 por miedo al Zika — ALL ACCESS

El tenista checo Tomas Berdych declaró que no participara en los Juegos Olímpicos de Río 2016 porque le teme al virus Zika que abunda en el país de Brasil. Berdych está en el puesto número 8 del ranking de la ATP. El tenista expresó su temor a través de un mensaje en su cuenta oficial […]

via Tomas Berdych no irá a Río 2016 por miedo al Zika — ALL ACCESS

Six cities have submitted bids to hold Eurovision 2017! —

The National Television Company of Ukraine (NTU) has now named the 6 cities which hope to host Eurovision in 2017. Each city now has the chance to present their bids to the Organisational Committee of the 2017 contest in a televised special called City Battle. Two cities will be chosen from these six, and these […]

via Six cities have submitted bids to hold Eurovision 2017! —

AGT- Dangerous Tightrope Show


This has got to be one the most dangerous stunts I’ve ever seen, and probably a lot of people like me. This is the second time this couple has been on America’s Got Talent, performing their insane acts of tight-roping. This time the wife did it blindfolded. If you can bear to watch this then I highly recommend it. Here is the original video from America’s Got Talent:

She actually almost slipped, and it seems as though he might of as well. I hope you enjoy these, I will be putting up more in the future. Please let me know what you think in the comment section below. Your feedback is important to us.

The couples names are Guerrero.

leshia evans confronting the devil without fear in baton rogue — mark jacobs lives!

woke up to this picture and thought someone was fucking with me the net being what it is, i assumed it to be a fake she looked too mother fucking calm but that’s when the black woman is most dangerous when she goes calm

via leshia evans confronting the devil without fear in baton rogue — mark jacobs lives!

Sign up to volunteer at Disrupt London 2016

techcrunch disrupt london 2015 volunteers Are you interested in rolling up your sleeves and get to work helping the TechCrunch Disrupt team put on the best startup show in Europe? If so, you should definitely sign up to be a Work Exchange Volunteer at Disrupt London 2016.
Applications are now open, and you can submit one here.
Volunteers selected for the Work Exchange program are required to work up to 16 hours during the conference. Read More


Source: TechCrunch

Singapore’s Greyloft lands $1.1M to build a real estate agency for the digital era

condo-browsing Greyloft is a Singapore based startup running what it describes as an estate agency for the digital era. Read More


Source: TechCrunch

Lydia grabs $7.8 million for its peer-to-peer payment service

lydia-team French startup Lydia raised $7.8 million (€7 million) from New Alpha AM and Oddo & Cie in order to expand to other European countries. The startup lets you easily pay back your friends without any fee using a mobile app — among other things. Think about it as a sort of Venmo for France. While Lydia has only been available in France, with today’s funding round, the company… Read More


Source: TechCrunch

Meet the I.D., Volkswagen’s first purely electric car on track for 2020

Autodesk VRED Professional 2016 SP1 Volkswagen did indeed debut its first dedicated electric car at the Paris Motor Show, as heavily teased. The I.D. revealed at the show is still labeled a “concept,” but VW says it’s due to become a buyable car in 2020, with a total range of ups to 373 miles per charge, driven by a 168hp electric motor. The concept design for the I.D., which will be Volkswagen’s… Read More


Source: TechCrunch

Spotify finally launches in Japan, the world’s second largest music market

spotify on iphone Afters years of waiting, Spotify has finally launched its music streaming service in Japan. We reported earlier this month that the launch would happen before September is out, and the company just about delivered on that timeframe. Read More


Source: TechCrunch

Buffalo Chicken Dip

2016-09-27-buffalodip-3

It seems like everyone has their own particular version of Buffalo Chicken Dip – it’s a must-have appetizer for any football party, after all.

I’m no different. My twist is to skip the bottled ranch dressing and make this dip from scratch.

Continue reading “Buffalo Chicken Dip” »


Source: Simply Recipes

Only two more days to save £400 on Disrupt London tickets

TechCrunch Disrupt London 2015. Image ©Dan Taylor/Heisenberg Media.

For bookings contact - dan@heisenbergmedia.com or +447821755904 We’ve given you an extra week, but your time to save £400 on Disrupt London tickets is ending soon. You have until this Friday, September 30 to secure extra early-bird tickets to Disrupt London 2016 for just £800 each, or £700 each when you buy more than one. Read More


Source: TechCrunch

Uber-owned Otto to offer freight hauling services using autonomous trucks in 2017

Truck on the road Uber acquired self-driving lorry startup Otto this summer in a deal worth up to $680 million and it plans to put the company to work next year. Read More


Source: TechCrunch

Crunch Report | DJI releases its new drone, the Mavic Pro

DJI releases its new drone, the Mavic Pro, Nissan builds a line-waiting chair that automatically moves you in line, the Department of Labor sues Palantir Technologies, Cogenra and Khosla Ventures are suing SolarCity, and Elon Musk gave a keynote speech about becoming a multi-planetary species. All this on Crunch Report. Read More


Source: TechCrunch

RTV – Radio and Television