Venezuela's crude oil production has surged to 1.1 million barrels per day (bpd) in March 2026, including condensates, up from 942,000 bpd in January, primarily driven by U.S. Treasury's March 18 sanctions relief allowing broader transactions with PDVSA amid global supply strains from Iran tensions. This marks a reversal from years of sub-1 million bpd output constrained by prior restrictions, infrastructure decay, and underinvestment, with EIA forecasting potential recovery to pre-2022 blockade levels by mid-year if investments materialize. Trader sentiment hinges on OPEC+ quota compliance—Venezuela's target around 1 million bpd—and upcoming monthly reports, while political risks and capital Economics' warnings of slow ramps temper aggressive upside expectations for year-end thresholds.
Resumen experimental generado por IA con datos de Polymarket · Actualizado$34,048 Vol.
1 millón
85%
1,1 millones
72%
1,2 millones
38%
1,3 millones
28%
1,4 millones
13%
1,5 millones
11%
1,7 millones
7%
2 millones
5%
$34,048 Vol.
1 millón
85%
1,1 millones
72%
1,2 millones
38%
1,3 millones
28%
1,4 millones
13%
1,5 millones
11%
1,7 millones
7%
2 millones
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.
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...Venezuela's crude oil production has surged to 1.1 million barrels per day (bpd) in March 2026, including condensates, up from 942,000 bpd in January, primarily driven by U.S. Treasury's March 18 sanctions relief allowing broader transactions with PDVSA amid global supply strains from Iran tensions. This marks a reversal from years of sub-1 million bpd output constrained by prior restrictions, infrastructure decay, and underinvestment, with EIA forecasting potential recovery to pre-2022 blockade levels by mid-year if investments materialize. Trader sentiment hinges on OPEC+ quota compliance—Venezuela's target around 1 million bpd—and upcoming monthly reports, while political risks and capital Economics' warnings of slow ramps temper aggressive upside expectations for year-end thresholds.
Resumen experimental generado por IA con datos de Polymarket · Actualizado
Cuidado con los enlaces externos.
Cuidado con los enlaces externos.
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