Vivakor's Crude Trading Portfolio Expands with $2 Billion Annual Target
Vivakor's subsidiary Vivakor Supply & Trading (VST) has entered into new crude oil purchase and sale transactions. These agreements will see VST sell 200,000 barrels of WTI crude per month from September 1, 2026 to August 31, 2027. This translates to approximately 2.4 million barrels annually.
The company claims these deals expand its crude oil trading portfolio and bring it closer to an estimated $2 billion in annualized commercial activity. However, VST will only recognize a small percentage of the total contract value as gross profit, which will vary with market conditions and transaction structure.