The new recurring crude oil marketing agreements increase marketed volumes and expand Vivakor's commercial footprint across key U.S. trading hubs.
Vivakor (NASDAQ:VIVK) signed four recurring crude oil purchase and sale agreements with two commercial counterparties.
The Vivakor crude oil marketing expansion adds approximately 3.6 million barrels of annual marketed volume.
Annualized commercial activity from the new transactions is estimated at approximately $289.2 million, bringing Vivakor's recurring commercial programs to roughly $709 million.
The agreements expand the company's presence in the Cushing and Midland crude oil markets while strengthening commercial relationships.
#crude
Vivakor (NASDAQ:VIVK) signed four recurring crude oil purchase and sale agreements with two commercial counterparties.
The Vivakor crude oil marketing expansion adds approximately 3.6 million barrels of annual marketed volume.
Annualized commercial activity from the new transactions is estimated at approximately $289.2 million, bringing Vivakor's recurring commercial programs to roughly $709 million.
The agreements expand the company's presence in the Cushing and Midland crude oil markets while strengthening commercial relationships.
#crude
3 months ago
