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Daily business news and economic stories

The scent of a you

Here are the numbers we're reading and watching for Monday.

500,000

That’s how many more barrels a day Iranian oil officials said they would produce in light of the lifting of sanctions against Iran. With the market already over-supplied, oil dropped even further below $30 a barrel on Monday. But as the New York Times reports, the Organization of the Petroleum Exporting Countries has said that it expects the global over-supply will cause countries like the U.S. to lessen production, eventually easing the glut.

50

That’s how many molecules Kalain, a French company founded by Katia Apalategui, uses to create a fragrance that smells like…you. Using items like, say, an unwashed piece of clothing or pillowcase, the company says it can capture the exact smell of a person. It’ll cost you though: $600 to capture your smell in a bottle.

8

That’s the percentage of 15- to 19-year-old girls in the Bronx who get pregnant every year. Teenage pregnancy rates are consistently higher in poorer neighborhoods, which is a problem when considering that teen parents statistically have higher drop out rates, and make less money. Vincent Guilamo-Ramos, a social worker and nurse at New York University, is aiming to address this issue by focusing on educating young boys. His program addresses teenage pregnancy rates by educating fathers on how to talk to their sons about using condoms, and getting themselves screened for STIs (sexually transmissible infections), among other things.