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arjun⚡️murti
3,311 posts
user avatar
arjun⚡️murti
@ArjunNMurti
energy macro/equities/policy⚡️ un-retired at @teamveriten ⚡️ publish @SuperSpiked, everyone on Earth deserves to be energy rich⚡️ pro capitalism, anti socialism
New York, USA
arjunmurti.substack.com
Joined June 2011
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  • user avatar
    arjun⚡️murti
    @ArjunNMurti
    Mar 7, 2021
    1/ Observations of a retired stock analyst. As someone who called a then coming super-spike era for oil markets in 2004, but failed to get off in 2008 until well into the downturn, the current innovation/Bubble stock gurus seem to be making many of the same mistakes I made.
  • user avatar
    arjun⚡️murti
    @ArjunNMurti
    Oct 29, 2021
    1 of 10/ We badly need a new a narrative around climate and energy, if the goal is to have reliable, affordable energy the world needs with less CO2. The current “Oil is Evil and the New Tobacco” playbook, IMO, is driving a worst of all worlds outcome: Higher prices, Same CO2.
  • user avatar
    arjun⚡️murti
    @ArjunNMurti
    Jan 27, 2024
    1 of 7/ A deeply serious, non-sarcastic thread on the US LNG "pause." First, there is no such thing as a standard "industry view": - US gas users (US pet chem, power gen) would favor LESS LNG and support the pause. - Oil & Gas companies with previously approved LNG projects
    123K
  • user avatar
    arjun⚡️murti
    @ArjunNMurti
    Mar 7, 2021
    Replying to @ArjunNMurti
    8 Last/ Value stocks are only values if returns on capital improve. I think we may be at the start of an ROCE super cycle for Old Energy. But if we are not, I won’t be turning to buy the “dip” in innovation/Bubble stocks. Perhaps I should do more work on other commodities?
  • user avatar
    arjun⚡️murti
    @ArjunNMurti
    Oct 6, 2025
    I am a big fan of and often with Javier. But not on this one. Is my Bloomberg monitor broken? Are both Brent and WTI not backwardated 1-6? China and India inventories down slightly in 3Q...OECD inventories still generally low despite "cartoonish" oversupply. It's October. The
    user avatar
    Javier Blas
    @JavierBlas
    Oct 6, 2025
    CHART OF THE DAY: I'm sure it's nothing. The amount of oil-in-transit (by tanker) is at a >10 year high, even above the extraordinary level reached in early 2020 when Saudi Arabia and its allies flooded the market during their oil price war against Russia. #OOTT
    124K
  • user avatar
    arjun⚡️murti
    @ArjunNMurti
    Nov 5, 2021
    1 of 16/ Wouldn’t it be simpler for President Biden to just tell the truth about why oil prices have risen, since its mostly not his fault? Here’s a script outline he could consider: WARNING: Non-partisan parody follows. My apologies in advance to everyone offended.
  • user avatar
    arjun⚡️murti
    @ArjunNMurti
    Mar 7, 2021
    Replying to @ArjunNMurti
    6/ I love innovation, my Model 3, and all that new tech will bring us. Thank goodness for most of it. But the inevitability of future innovation does not mean corresponding equities are immune from hype or a down cycle. The Internet remains awesome, but its Bubble still burst.
  • user avatar
    arjun⚡️murti
    @ArjunNMurti
    Mar 7, 2021
    Replying to @ArjunNMurti
    4/ Your outlook can still ultimately come true. But exactly zero investors are interested in riding out a massive correction only to be proven right in 5, 10, or 20 years. Even the longest term “fundamental” investor would never voluntarily choose to stay for a structural unwind.
  • user avatar
    arjun⚡️murti
    @ArjunNMurti
    Mar 7, 2021
    Replying to @ArjunNMurti
    5/ In early 2008, an Internet bubble super star came to me and offered unsolicited, friendly advice about the mistakes he had made in 2000-1. He was spot on. I ignored him. I can remember sitting in his office to this day and thinking “thanks, but I am not you.” I was wrong.
  • user avatar
    arjun⚡️murti
    @ArjunNMurti
    Mar 29, 2024
    100% Mr President
    user avatar
    Anas Alhajji
    @anasalhajji
    Mar 29, 2024
    A must watch! This is my hero! He is Mohamed Irfaan Ali, President of Guyana. #Oil #Guyana
    00:00
    20K
  • user avatar
    arjun⚡️murti
    @ArjunNMurti
    Mar 7, 2021
    Replying to @ArjunNMurti
    3/ The idea that we were using “conservative” normalized assumptions for oil equities I sincerely thought was true. However, it didn’t matter. When you are toward the end of massive bull market, no one else is using conservative assumptions.
  • user avatar
    arjun⚡️murti
    @ArjunNMurti
    Sep 16, 2025
    oil demand better than feared...
    user avatar
    Tracy Shuchart (𝒞𝒽𝒾 )
    @chigrl
    Sep 15, 2025
    China’s Aug. Apparent Oil Demand Rises 4.9% Y/y
    34K
  • user avatar
    arjun⚡️murti
    @ArjunNMurti
    Mar 7, 2021
    Replying to @ArjunNMurti
    2/ The idea that your favorite innovation/Bubble stock never discounted 0-1% Treasuries is as dumb as when I said oil equities weren’t discounting $140 and “only” $90-$100/bbl (or something like that). The market is almost certainly discounting better conditions than you realize.
  • user avatar
    arjun⚡️murti
    @ArjunNMurti
    Apr 23, 2022
    1 of 8/ This week’s post focuses on sentiment toward the traditional energy sector. Key takeaway: It's early days in the new energy crisis era.
    Sentiment Watch: The 3Rs - ROCE rebounding, Recovering S&P weight, Rescued assets
    From arjunmurti.substack.com