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Tipsheet

Gaddafi Shot?

Rumors are circulating that Muammar Gaddafi has been shot, causing oil prices to drop more than $2 per barrel:
Traders said oil prices fell by more than $2 a barrel in late Thursday activity on rumors Libyan leader Muammar Gaddafi had been shot.
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There was no immediate indication of where the rumor had originated or any news report to substantiate it.
Update: A U.S. official, speaking on condition of anonymity, says that there is no reason to believe that Gaddafi is dead.

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