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Bet of the day

 

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The Times
May 13, 2008

In the know

Bet of the day

Has the oil price gone too far? BetsForTraders.com offers odds of 2-1 that BP’s share price, up 6½p at 619½p, will fall below 605p in five market days. Bets on BP and Shell have been the most popular so far, the bookie for traders reports. With 76 per cent of clients betting on BP’s price falling, does it mean that oil’s relentless rise is coming to an end?

http://business.timesonline.co.uk/tol/business/markets/article3920115.ece

 

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