Odds better for $100 oil than Chelsea winning title
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Oil prices are twice as likely to reach $100 a barrel by Christmas as Chelsea is to win the Premier League this year, bookmakers said on Thursday.
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Oil held near its lifetime high of $100 a barrel on Thursday, fuelled by expectations of another fall in U.S. fuel stocks and a struggling dollar.
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The FTSE 100 ended the week on a positive note thanks to a powerful performance from the heavyweight oil sector.
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CHELSEA have been pitted in the Champions League draw against one team who will be desperate to beat them and another who, if you like conspiracy theories, will be happy to roll over.
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Oil vaulted to a record $100 a barrel on Wednesday as geopolitical turmoil, tight energy stockpiles in consumer countries and a weak dollar triggered a surge of speculative buying, dealers said.
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The current Premiership campaign has reached the halfway stage, with Jose Mourinhoâs Chelsea heading the table, champions Arsenal in second place - albeit five points distant â-nd last Mayâs promoted clubs occupying three of the bottom four places
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Oil has leapt back above $50 as President George W. Bush edges towards US election victory, a result which traders. say will bolster fuel demand and underpin anxiety over security of Middle East supply.
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By Malcolm Moore, Economics Correspondent (Filed: 12/10/2004). Striking oil workers in Nigeria and Norway yesterday drove the price of oil past the $50 a barrel threshold for the first time in London.
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Business & money: Â·  Petrol heads to Â£1 a litre for the holiday season Â·  Crude hits near-record level amid hurricane fears
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Oil vaulted to a record $100 a barrel on Wednesday as geopolitical turmoil, tight energy stockpiles in consumer countries, and a weak dollar triggered a flood of speculative buying, dealers said.
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Arsene Wenger is facing one of the toughest decisions of his managerial career in the build-up to Sunday's Premiership showdown with moneybags London rivals Chelsea.
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Oil futures shot higher, closing above $100 for the first time as investors bet that crude prices will keep climbing despite evidence of plentiful supplies and falling demand.
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Sport: FA Cup: QPR meet Chelsea with a wealth and ambition that masks three years of hell, writes Dominic Fifield
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Oil prices swung higher last night, edging closer to record highs hit earlier this week, as traders remained cautious about the situation in Nigeria and US supplies ahead of the heating oil season.
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Crude near $53 a barrel level as Nigeria and Norway set strikes, bombings in Egypt, Paris. NEW YORK (CNN/Money) - Oil prices see-sawed Friday, getting closer to the $53 a barrel level, as labor strife in Nigeria
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Oil prices surpassed $100 a barrel for the first time after a U.S. government report showed a steep slide in crude inventories.
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Chris Coleman still believes Chelsea will win the Barclays Premiership this season after watching his side put a further dent in Manchester Unitedâs own title aspirations at Craven Cottage last night.