Vivakor Expands Crude Oil Marketing Platform as Recurring Commercial Activity Surpasses $700 Million
Vivakor (NASDAQ:VIVK) continues to expand its integrated energy logistics platform, announcing four new recurring physical crude oil purchase and sale transactions through its wholly owned subsidiary, Vivakor Supply & Trading (VST). The new agreements increase the company's recurring marketed crude oil volumes to approximately 300,000 barrels per month, or 3.6 million barrels annually, representing an estimated $289 million in annualized commercial activity based on current commodity prices.