Mickelson leads the way from Woods

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World number two Mickelson shipped just his second bogey of the week as he added to Friday's flawless 66 as the 2007 champion progressed to 14-under-par overall.

Two-time runner-up Woods followed up back-to-back rounds of 67 with a battling two-under 70, while Watney sank mammoth eagle putt at the last to sign for the same third-round score.

Ryan Moore continued the American domination as back-to-back birdies sealed a round of 70 to improve to 11 under, with Race to Dubai leader Lee Westwood, who lost in a play-off to Mickelson two years ago, in the hunt a further shot off the pace after a sparkling seven-under-par 65.

Westwood had progressed quietly through the first two days in Shanghai with rounds of 70 and 71, but made his mark with a flawless five-under-par 31 front nine.

He sandwiched his only bogey of the day at the 15th between two further gains.

And, after a birdie putt agonisingly lipped out on 17, a mammoth drive down the final fairway led to an eighth birdie of the day.

"I didn't really make a a big improvement, I just sank a few more putts. I felt like I was lacking a bit of rhythm with my stroke for the first couple of days," he said.

"I tried to free it up and putt with a bit more rhythm and let the putter flow and I rolled a few in and made a couple of four or five footers to keep the momentum going."