Business UpdateAug 10, 2026, 09:22 AM
Vivakor Adds 2.4M Barrels Annual Sales Volume with New Crude Deals
AI Summary
Vivakor, Inc. announced that its subsidiary, Vivakor Supply & Trading, LLC (VST), has secured new 12-month crude oil purchase and sale transactions. These agreements involve the sale of 200,000 barrels of WTI crude oil per month, totaling 2.4 million barrels in annual sales volume, starting September 1, 2026. The company expects these transactions to significantly expand its trading portfolio and help it approach $2 billion in annualized commercial activity.
Key Highlights
- Vivakor's subsidiary, VST, entered new 12-month crude oil purchase and sale transactions.
- VST contracted to sell 200,000 barrels of West Texas Intermediate (WTI) crude oil per month.
- This represents approximately 2.4 million barrels of annual sales volume.
- Transactions are scheduled from September 1, 2026, through August 31, 2027.
- Vivakor is rapidly approaching $2 billion in annualized commercial activity.
- VST recognizes a small percentage of total contract value as gross profit.
Price Impact
More from VIVK