Brent edges above $125; U.S. crude stocks at a high


PERTH (Reuters) - Brent crude inched above $125 on Thursday, after falling more than a dollar the previous session, as traders balanced a firm dollar and bulging U.S. crude stocks with lingering concerns about tensions between Iran and the West.

London ICE Brent crude edged up eight cents to $125.05 per barrel by 0728 GMT, after settling down $1.25 at $124.97 on Wednesday. The April contract will expire at the end of Thursday's session.

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