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Preheat oven to 350 degrees.
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Using a pastry brush, baste each piece of chicken with the oil.
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Place the chicken in a greased 9X13 baking dish.
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Spread 1/2 tablespoon horseradish on the top of each breast.
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Bake, covered for about 30 minutes.
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While the chicken is baking combine the onion powder, horseradish, wine and apricot preserves in a bowl.
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Mix well.
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After 30 minutes, pour the wine sauce mixture over the chicken and bake, uncovered, another 20 to 30 minutes, until chicken is tender.
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Baste the chicken with the sauce every 10 minutes.
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To serve, place the chicken on a platter and pour the sauce over the top.