NEW YORK Feb 24 Brent and U.S. crude oil
futures fell sharply in post-settlement trading on Thursday in
a sell-off sparked by rumors that Libyan leader Muammar Gaddafi
had been shot.
In London, ICE Brent crude for April delivery LCOJ1
dropped to a post-settlement low of $109.60 after having
rallied early to $119.79, the highest since August 2008. It
settled earlier at $111.36, up 11 cents.
On the New York Mercantile Exchange, April crude CLJ1
slid further to $95.64, down $2.46. It had settled earlier at
$97.28, down 82 cents, after touching $103.41, the highest
since September 2008.
(Reporting by Gene Ramos)