Oil prices slide on China fears; Twitter rises on Musk deal

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NEW YORK, United States (AFP) — Oil prices tumbled Monday along with equities in Europe and Asia on worries over a worsening Covid-19 outbreak in China, while US stocks finished a volatile session higher as Elon Musk sealed a deal to acquire Twitter. Crude prices dove more than three percent on growing concerns over Chinese lockdowns in response to its latest Covid-19 wave. Dollar-denominated oil has also been pressured by the higher dollar. Officials in […]