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3R Investment Says Crude Oil at $115 Includes Risk Premium

Neeraj Seth of 3R Investment Management said crude prices could soften if geopolitical tensions ease.

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Crude oil prices could soften if geopolitical tensions ease, as current prices of around $115 per barrel include a significant risk premium, according to Neeraj Seth, Founder and Chief Investment Officer at 3R Investment Management.He believes a combination of a Democratic sweep in the US midterm e…