Oil rises but remains range-bound below $94

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BANGKOK (AP) — The price of oil rose Wednesday, boosted by a slip in the dollar and expectations that crude stockpiles fell late last month.

Benchmark oil for July delivery was up 41 cents to $93.72 a barrel at late afternoon Bangkok time in electronic trading on the New York Mercantile Exchange. The price fell 14 cents to finish at $93.31 a barrel on the Nymex on Tuesday.

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