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Video: Oil at $100! Who Wins?

CNBC.com
Tuesday, 5 Aug 2008 | 11:10 AM ET
Oil Heading Toward $100: Charts
The price of Nymex crude oil could fall toward $100 a barrel in the short term, Nick Batsford from Hobart Capital told CNBC Monday. Batsford also looks at the FTSE-100 and the NYSE Composite Index.

U.S. light, sweet crude oil prices -- trading on the Nymex -- could fall toward $100 per barrel in the short term, Nick Batsford of Hobart Capital told CNBC.

In his interview (see video at left), Batsford also commented on the FTSE-100 and the NYSE Composite Index.

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Trader Talk with Bob Pisani:

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Who benefits from falling oil?

- Delta Air Lines

- Continental Airlines

- UAL (United Airlines)

Facing uncertainty?

- Chevron

- ConocoPhillips

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Disclaimer

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