After months of speculating, hoping and wishing, an Oasis reunion might be in the works after all. The Daily Mirror reported that a source says brothers Noel and Liam Gallagher “are back on good terms and read to give things another go” as early as next year.

“Nothing is signed but it’s what you might call a gentlemen’s agreement between them,” the source told the Mirror.

Oasis released their last album, Dig Out Your Soul, in 2008 and broke up the next year following increasing tensions between the brothers. Since then, Noel has put out two albums with his High Flying Birds, while Liam spent his post-Oasis time working with his band Beady Eye, who disbanded last year.

“Ultimately they’re family and whatever has gone on before can be sorted out,” the source continued, “they’re very close beneath all the bluster.”

If an Oasis reunion truly does pan out, it would vindicate those who got their hopes up last month when Liam tweeted a photo backstage at one of Noel’s concerts in support of his most recent solo effort, Chasing Yesterday. However, Noel has previously said it would require “half a billion” for him to jump aboard an Oasis reunion.

Nevertheless, fans have responded with unabashed enthusiasm -- including Sky Ferreira and Francis Bean Cobain, who shared their excitement on Twitter:

Only one question remains: With Blur about to drop their own comeback album, The Magic Whip, next week on April 28, are we in for the Battle of Britpop 2.0?

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