Vivakor Lands $108 Million Crude Supply Deal Through Cushing Hub

A new crude oil agreement will increase activity through one of North America's most important trading and storage hubs while expanding a growing midstream marketing platform.

(P&GJ) — Vivakor has secured a one-year crude oil transaction that the company estimates could generate approximately $108 million in annualized revenue, expanding volumes handled through its supply and trading business.

The agreement covers roughly 100,000 barrels of crude oil per month moving through the Cushing Terminal between June 2026 and May 2027. Based on current market prices, the transaction is valued at about $9 million per month.

The deal supports Vivakor's growing crude marketing and trading operations and increases activity across its network of transportation, storage and terminal assets.

Cushing remains one of North America's most important crude oil trading and storage hubs, serving as the delivery point for West Texas Intermediate (WTI) crude futures and connecting major pipeline systems across the United States.

Chairman and CEO James Ballengee said the transaction aligns with the company's efforts to integrate crude marketing activities with its midstream infrastructure footprint. He noted that the agreement is expected to increase utilization across Vivakor's operating network while expanding its participation in crude trading markets.

Vivakor provides transportation, storage, terminaling and environmental services across several U.S. energy-producing regions.