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Brent's slump cuts short STI's brief ascent

Sharpest single-day fall since Jan 20 dampens hopes index would make its way back above 2,700

WATER slides easily off a duck's back. Crude oil, though, tends to stick to its feathers and leaves it unable to float, much less fly. Along rather the same lines, yet another slump in Brent prices clipped the wings of the local market on Wednesday, cruelly cutting short an ultimately brief...

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