Core Insights - Vivakor, Inc. has closed a $40 million commodity intermediation credit facility to support the expansion of its crude oil trading platform [1][4][5] - The facility will provide credit support for physical crude oil transactions conducted by Vivakor Supply & Trading, LLC [2][5] - The initiative aims to enhance supply chain management, integrate logistics, and drive revenue growth while diversifying crude oil marketing operations [5] Company Overview - Vivakor, Inc. is an integrated provider of energy transportation, storage, reuse, and remediation services [6] - The company focuses on developing and operating assets in the energy sector, including crude oil storage and waste remediation [6] Facility Details - The credit facility has a one-year term and offers up to $40 million in combined credit support [4] - It includes various forms of credit support such as letters of credit, surety bonds, and cash deposits [2] Operational Responsibilities - Vivakor Supply & Trading, LLC will manage transportation, logistics, and sales coordination for purchased commodities [3] - The company plans to utilize its midstream logistics capabilities, including a trucking fleet and terminal facilities [3]