Investment
Features
FeesSafety
Academy
More
Pluang+

Vivakor's crude oil trading hits 2.4M barrels annually, nearing $2B in commercial activity.

Market News
10 Aug 2026
GlobeNewsWire
View Source
Bullish
pluang ai news

Vivakor's subsidiary, Vivakor Supply & Trading, LLC, has secured new 12-month contracts to sell 200,000 barrels of West Texas Intermediate crude oil monthly, totaling 2.4 million barrels annually starting September 2026. This expansion pushes Vivakor closer to $2 billion in annualized commercial activity, marking significant growth in its crude oil trading portfolio. The company plans to continue growing its physical crude oil marketing business and leverage its integrated energy platform for further opportunities. Gross profits will be a fraction of total contract value, reflecting VST's intermediary role in the supply chain.

More News

Thungela Resources shares jump 11% on strong H1 earnings, cash flow, and higher interim dividend

Thungela Resources shares jump 11% on strong H1 earnings, cash flow, and higher interim dividend

Thungela Resources saw its shares rise up to 11% after reporting stronger first-half 2026 results, including a 6% increase in export saleable production to 8.5 million tonnes and a 2% revenue rise to R15.2 billion (£699 million). Adjusted EBITDA near...

Company Fundamentals
Bullish
4 hours ago
Consumer confidence drops as AI stocks soar, leaving bitcoin behind at half its peak.

Consumer confidence drops as AI stocks soar, leaving bitcoin behind at half its peak.

Consumer confidence in the U.S. remains near decade lows despite record highs in AI-driven stocks. While investors are moving money out of cash, capital is flowing into AI-focused equities and tokens rather than bitcoin, which trades at about half it...

Market News
Bearish
4 hours ago
Blockstream launches Blockstream Swaps for seamless Bitcoin, Lightning, and Liquid network transfers

Blockstream launches Blockstream Swaps for seamless Bitcoin, Lightning, and Liquid network transfers

Blockstream has introduced Blockstream Swaps, a new service enabling users to move funds trustlessly between Bitcoin's mainchain, Lightning Network, and Liquid sidechain using atomic swaps. This launch follows the recent suspension of Boltz, a compet...

Protocol Fundamentals
Bullish
4 hours ago
Vipshop to report Q2 2026 earnings on Aug 25 with a conference call for investors.

Vipshop to report Q2 2026 earnings on Aug 25 with a conference call for investors.

Vipshop Holdings Limited, a major off-price retailer in China, will announce its financial results for the second quarter of 2026 on August 25 before the US market opens. The company will host a conference call at 7:30 am US Eastern Time (7:30 pm Bei...

Company Fundamentals
Neutral
4 hours ago
Arizona Eagle Mining acquires 62 acres with three historic high-grade silver mines near McCabe deposit

Arizona Eagle Mining acquires 62 acres with three historic high-grade silver mines near McCabe deposit

Arizona Eagle Mining Corp. has completed the acquisition of 62 acres hosting three past-producing high-grade silver mines—Arizona National, Lookout, and Silver Belt—near its McCabe gold-silver deposit in Arizona. These mines, dormant for nearly 100 y...

Company Fundamentals
Bullish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App