Oil remains high despite Friday declines

Oil prices remained above $63 per barrel on Friday despite an end-of week sell-off, on three days of gains in the middle of the week.  Brent crude for April delivery fell 30 cents to trade at $63.77 on the International Petroleum Exchange late in the day in London.  April contract West Texas Intermediate crude, meanwhile, was down 36 cents from Thursday’s close, trading at $63.00 in early afternoon trade on the New York Mercantile Exchange.