Venezuelan crude oil production has surged to 1.1 million barrels per day (bpd) in March 2026, up from 942,000 bpd in February, reflecting U.S. sanctions easing in February that enabled majors like Chevron to ramp operations via expanded licenses and a new hydrocarbons law opening the sector to $1.4 billion in private investments. This recovery from sub-1 million bpd early-year levels stems from improved diluent access for heavy crude transport and post-regime stability, though infrastructure decay caps near-term gains. Market-implied odds hinge on sustained foreign direct investment and political continuity; traders monitor OPEC's April report, Q2 PDVSA data, and global oil demand amid Brent crude above $80 per barrel for potential outperformance toward 1.2 million bpd year-end forecasts.
Experimentelle KI-generierte Zusammenfassung mit Polymarket-Daten · Aktualisiert$33,986 Vol.
1 Mio.
84%
1,1 Mio.
71%
1,2 Mio.
38%
1,3 Mio.
27%
1,4 Mio.
13%
1,5 Mio.
11%
1,7 Mio.
7%
2 Mio.
5%
$33,986 Vol.
1 Mio.
84%
1,1 Mio.
71%
1,2 Mio.
38%
1,3 Mio.
27%
1,4 Mio.
13%
1,5 Mio.
11%
1,7 Mio.
7%
2 Mio.
5%
The resolution source for this market will be the OPEC Monthly Oil Market Report, published each month in reference to the previous month at https://www.opec.org/monthly-oil-market-report.html. The relevant figure can be found in “Table 5-7 DoC crude oil production based on secondary sources, tb/d” under the column for the relevant month and the “Venezuela” row.
This market will resolve as soon as Venezuelan crude oil production is reported to be greater than or equal to the listed number. If the listed number has not been reached for any month by the release of the OPEC Monthly Oil Market Report for the reference month December 2026 (expected to be released in January 2027), this market will resolve to “No”. If no Opec Monthly Oil Market Report for the reference month December 2026 has been published by February 28, 2027, ET and the listed number has not been reached for any prior month, this market will resolve to “No”.
The resolution source for this market reports crude oil production in thousands of barrels per day. Thus, this is the level of precision that will be used when resolving this market.
Markt eröffnet: Jan 6, 2026, 11:09 PM ET
Resolver
0x65070BE91...The resolution source for this market will be the OPEC Monthly Oil Market Report, published each month in reference to the previous month at https://www.opec.org/monthly-oil-market-report.html. The relevant figure can be found in “Table 5-7 DoC crude oil production based on secondary sources, tb/d” under the column for the relevant month and the “Venezuela” row.
This market will resolve as soon as Venezuelan crude oil production is reported to be greater than or equal to the listed number. If the listed number has not been reached for any month by the release of the OPEC Monthly Oil Market Report for the reference month December 2026 (expected to be released in January 2027), this market will resolve to “No”. If no Opec Monthly Oil Market Report for the reference month December 2026 has been published by February 28, 2027, ET and the listed number has not been reached for any prior month, this market will resolve to “No”.
The resolution source for this market reports crude oil production in thousands of barrels per day. Thus, this is the level of precision that will be used when resolving this market.
Resolver
0x65070BE91...Venezuelan crude oil production has surged to 1.1 million barrels per day (bpd) in March 2026, up from 942,000 bpd in February, reflecting U.S. sanctions easing in February that enabled majors like Chevron to ramp operations via expanded licenses and a new hydrocarbons law opening the sector to $1.4 billion in private investments. This recovery from sub-1 million bpd early-year levels stems from improved diluent access for heavy crude transport and post-regime stability, though infrastructure decay caps near-term gains. Market-implied odds hinge on sustained foreign direct investment and political continuity; traders monitor OPEC's April report, Q2 PDVSA data, and global oil demand amid Brent crude above $80 per barrel for potential outperformance toward 1.2 million bpd year-end forecasts.
Experimentelle KI-generierte Zusammenfassung mit Polymarket-Daten · Aktualisiert
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