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Edition: U.S. Article Comments (7) Slideshow Video Full Focus Editor's choice A selection of our best photos from the past 24 hours. Full Article Follow Reuters Analyst Research Report Title Price ValuEngine Detailed Valuation Report for BP Provider: ValuEngine, Inc. $25.0 Buy BP AMOCO PLC (BP=US) 2-weeks forecast Provider: Pechala's Reports $10.0 Buy BP AMOCO PLC (BP=US) 12-months forecast Provider: Pechala's Reports $15.0 Buy BP PLC: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis. Provider: Reuters Investment Profile $20.0 Buy BP PLC: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis. Provider: Reuters Investment Profile $10.0 Buy NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here. Gaddafi rebels look to Tripoli, peace plan mooted Tweet Share this Link this By Mohammed Abbas BREGA, Libya (Reuters) - Muammar Gaddafi's Libyan army faced an increasingly organized and confident rebel force on Thursday which is appealing for international support and looking to take its military successes west toward... Email Print Related News Q+A: What could trigger U.S. intervention in Libya? Wed, Mar 2 2011 Chavez's Libya plan being considered, Moussa says 1:55am EST Venezuela says Gaddafi accepts Chavez plan: report 12:19am EST Doubts surround Gaddafi's chemical weapons arsenal Wed, Mar 2 2011 Analysis & Opinion Libyan chaos could threaten Mediterranean economy Guest contribution:Report from an eye-witness in Tripoli Related Topics World » United Nations » Libya » Stocks Related Video Gaddafi denies Libya protests Wed, Mar 2 2011 Rebel forces confident in Zawiyah Tunisia-Libya border crisis deepens 1 / 24 Protesters burn pictures of Libyan leader Muammar Gaddafi and copies of the Green book in Benghazi, March 2, 2011. Credit: Reuters/Suhaib Salem By Mohammed Abbas BREGA, Libya | Thu Mar 3, 2011 2:21am EST BREGA, Libya (Reuters) - Muammar Gaddafi's Libyan army faced an increasingly organized and confident rebel force on Thursday which is appealing for international support and looking to take its military successes west toward Tripoli. As the struggle between Gaddafi loyalists and rebels who have taken swathes of Libya intensified, Arab League Secretary-General Amr Moussa said a peace plan for Libya from Venezuela's President Hugo Chavez was under consideration. "We have been informed of President Chavez's plan but it is still under consideration," Moussa told Reuters by telephone on Thursday. "We consulted several leaders yesterday," he said, without providing a deadline to decide on the plan. When asked if Gaddafi had accepted the plan, Moussa said: "I don't know, how am I supposed to know that?" When asked if he had agreed to the Chavez plan, Moussa said: "No." Oil fell on news of a mediation plan. Brent crude fell more than $3 to an intra-day low of $113.09 per barrel as investors eyed a possible deal brokered by OPEC-member Venezuela. Chavez is a close friend of Gaddafi. Al Jazeera news network had earlier reported that Gaddafi and Moussa had agreed to Chavez's plan, which would involve a commission from Latin America, Europe and the Middle East trying to reach a negotiated outcome between the Libyan leader and rebel forces. On the military front, rebels repulsed a land and air offensive by Gaddafi's forces on the eastern oil terminal of Brega as the defiant leader warned foreign powers of "another Vietnam" if they intervened in the popular uprising against his 41-year rule. Rebels in their eastern bastion of Benghazi called for U.N.-backed air strikes to halt attacks by African mercenaries they said Gaddafi was using against his own people. Analysts cautioned against drawing firm conclusions from fast moving events in a situation of erratic communications. "We should keep in mind that both the government and the rebels are trying to spin an image of momentum," said Shashank Joshi, an analyst at Britain's Royal United Services Institute. The uprising, the bloodiest yet against long-serving rulers in the Middle East and North Africa, is causing a humanitarian crisis, especially on the Tunisian border where tens of thousands of foreign workers are trying to flee to safety. Government troops, backed by air power, launched an attack on Wednesday and briefly captured Brega, an oil export terminal 800 km (500 miles) east of Tripoli. Opposition forces took back the town they have held for about a week, rebel officers said. They were ready to move west toward the capital, they said, if Gaddafi refused to quit. Basking in the adulation of loyalists in Tripoli, Gaddafi launched into a tirade against the "armed gangsters" he said were behind the unrest, part of a conspiracy to colonize Libya and seize its oil. "We will enter a bloody war and thousands and thousands of Libyans will die if the United States enters or NATO enters," Gaddafi told Tripoli supporters at a gathering televised live. "We are ready to hand out weapons to a million, or 2 million or 3 million, and another Vietnam will begin." 1 2 Next World United Nations Libya Tweet this Share this Link this Digg this Email Reprints We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language, all capital letters or appear to be spam, and we review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. Comments (7) JoeBoston wrote: The US must stay out of Libya and let the Libyans make their own future. Mar 02, 2011 7:47pm EST -- Report as abuse McBob08 wrote: Obama is showing great wisdom in not meddling in Libya. Any American interference in the situation that is not directly requested by a recognized rebel government would just undo all the work that Libyans have fought and died to achieve so far. Thank God that America has a centralist Democratic president in these times, rather than a nutjob Republican; we’d have yet another Iraq or Afghanistan on our hands. Mar 02, 2011 8:32pm EST -- Report as abuse crufflergal wrote: Power to the people of Libya! Mar 02, 2011 9:53pm EST -- Report as abuse See All Comments » Add Your Comment Social Stream (What's this?) © Copyright 2011 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Reader Feedback Mobile Newsletters RSS Podcasts Widgets Your View Analyst Research Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Reuters on Facebook Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. 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