NEW YORK — The price of oil continued to decline Wednesday.
Benchmark US crude fell by $1.17 to finish at a seven-month low of $92.81 per barrel on the New York Mercantile Exchange. Oil is down nearly 13 percent since the beginning of May.

Brent crude, which helps set the price of oil imported into the US, fell by 53 cents to finish at $111.71 per barrel in London.

The euro was down 0.04 percent at $1.2725. The dollar rose 0.2 percent to 81.361. — AP