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April Nymex WTI down sharply off the early highs of $106.91 in reaction to some press reports that Libyan sources have told the Pan-Arab newspaper al-Sharq al-Awsat that Gaddafi has turned to the Rebel transitional National Council to secure his departure from the country in return for a guarantee of safe passage for himself and his family in exchange for a handover of power. Crude has dropped to $104.54 on the news.
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