U.S. sanctions relief in mid-March 2026, including broad authorizations for PDVSA transactions, has propelled Venezuelan crude oil production to an average 1.1 million barrels per day (bpd) in March—up 17% from February's 903,000 bpd per OPEC data—reflecting Chevron and Shell joint venture expansions and resumed diluted crude exports. With Brent crude hovering near $108 per barrel amid global supply glut forecasts, trader consensus prices in accelerated output via $1.4 billion in anticipated foreign direct investment, though diluent shortages and infrastructure bottlenecks cap near-term gains. Q1 2026 averages approach 1 million bpd; upcoming April OPEC Monthly Oil Market Report, EIA Short-Term Energy Outlook, and JV approvals will clarify full-year potential toward 1.2-1.4 million bpd.
Resumen experimental generado por IA con datos de Polymarket · Actualizado$46,170 Vol.
1 millón
85%
1,1 millones
71%
1,2 millones
49%
1,3 millones
34%
1,4 millones
14%
1,5 millones
11%
1,7 millones
7%
2 millones
4%
$46,170 Vol.
1 millón
85%
1,1 millones
71%
1,2 millones
49%
1,3 millones
34%
1,4 millones
14%
1,5 millones
11%
1,7 millones
7%
2 millones
4%
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.
Mercado abierto: 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...U.S. sanctions relief in mid-March 2026, including broad authorizations for PDVSA transactions, has propelled Venezuelan crude oil production to an average 1.1 million barrels per day (bpd) in March—up 17% from February's 903,000 bpd per OPEC data—reflecting Chevron and Shell joint venture expansions and resumed diluted crude exports. With Brent crude hovering near $108 per barrel amid global supply glut forecasts, trader consensus prices in accelerated output via $1.4 billion in anticipated foreign direct investment, though diluent shortages and infrastructure bottlenecks cap near-term gains. Q1 2026 averages approach 1 million bpd; upcoming April OPEC Monthly Oil Market Report, EIA Short-Term Energy Outlook, and JV approvals will clarify full-year potential toward 1.2-1.4 million bpd.
Resumen experimental generado por IA con datos de Polymarket · Actualizado
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