Vivakor Expands Logistics Operations With One-Year Crude Oil Deal Worth $108 Million
Vivakor, Inc. (NASDAQ: VIVK) announced a one-year crude oil transaction through its commodities trading platform, Vivakor Supply & Trading, involving approximately 100,000 barrels per month via the Cushing Terminal. The deal is expected to generate $9 million monthly or about $108 million annually based on current market pricing and aims to enhance asset utilization across major U.S. production basins.
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