
DealsJun 4, 2026, 08:26 AM
Vivakor Secures $108M Annual Crude Oil Trading Deal
AI Summary
Vivakor, Inc. announced that its commodities trading platform, Vivakor Supply & Trading, LLC (VST), has entered into a recurring one-year crude oil transaction. This agreement covers approximately 100,000 barrels of crude oil per month through the Cushing Terminal, representing an estimated $9 million per month, or approximately $108 million annualized. The transaction, running from June 2026 to May 2027, supports Vivakor's strategy of integrating crude oil marketing with its midstream infrastructure platform and enhances asset utilization.
Key Highlights
- Vivakor Supply & Trading, LLC secured a one-year recurring crude oil transaction.
- The deal covers approximately 100,000 barrels of crude oil per month.
- The transaction is estimated at $9 million per month.
- The annualized value is approximately $108 million based on current market pricing.
- The arrangement runs from June 1, 2026, through May 31, 2027.
Price Impact
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