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Oil painting was created in 1996, the same year Noel is reported to have hit his older brother Liam with a cricket bat

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A “prescient” painting of Oasis brothers Liam and Noel Gallagher at the height of their sibling rivalry is set to be sold at Sotheby’s for up to £2m.

The picture, titled Liam + Noel (Gallagher), was created in 1996 by Elizabeth Peyton after being inspired by a photograph of the musician brothers taken by Stefan De Batselier the year before.