It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
(Reuters) - Oil prices pulled back sharply from earlier peaks on Monday, with traders and brokers citing rumors that Libyan leader Muammar Gaddafi was seeking a deal with rebels to secure a safe exit from the country.
The rumors appeared linked to an unsourced report in an Arabic-language newspaper, trade sources said, but this could not immediately be verified.
Originally posted by RMFX1
reply to post by quackers
What's the precedent for that? I can't think of any, but feel free to let us know who you're talking about.
Libyan state television has denied a report by Al Jazeera and two Arab newspapers that Colonel Gaddafi has sought a deal with the rebels that would see him step down with certain guarentees.
It was reported that a Gaddafi representative made the proposal to the opposition's so-called "National Council" based in Benghazi. The council apparently rejected the offer.