Recent political transition and broad U.S. sanctions relief have unlocked foreign capital and licensing, driving Venezuelan crude output to approximately 1.2 million barrels per day in August 2026 per OPEC primary sources—the highest level in seven years. Chevron’s announced $7 billion, five-year investment targets doubling its joint-venture volumes to 600,000 bpd, while PDVSA sets a 1.3 million bpd goal for full-year 2026 and additional operators including Eni advance field development. Market-implied odds reflect these near-term catalysts alongside persistent risks from infrastructure constraints, diluent supply, and execution timelines. Traders will monitor September–December output data and rig deployment progress for resolution signals.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated$184,538 Vol.
Feb 27, 2027
1.2m
64%
1.3m
19%
1.4m
8%
1.5m
5%
1.7m
3%
2m
3%
$184,538 Vol.
1.2m
$11,042 Vol.
64%
1.3m
$7,925 Vol.
19%
1.4m
$19,794 Vol.
8%
1.5m
$9,900 Vol.
5%
1.7m
$59,801 Vol.
3%
2m
$16,438 Vol.
3%
This market will resolve to “Yes”, if Venezuelan crude oil production is greater than or equal to the listed number of barrels per day for any month in 2026, according to the OPEC Monthly Oil Market Report published for each month.
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.Recent political transition and broad U.S. sanctions relief have unlocked foreign capital and licensing, driving Venezuelan crude output to approximately 1.2 million barrels per day in August 2026 per OPEC primary sources—the highest level in seven years. Chevron’s announced $7 billion, five-year investment targets doubling its joint-venture volumes to 600,000 bpd, while PDVSA sets a 1.3 million bpd goal for full-year 2026 and additional operators including Eni advance field development. Market-implied odds reflect these near-term catalysts alongside persistent risks from infrastructure constraints, diluent supply, and execution timelines. Traders will monitor September–December output data and rig deployment progress for resolution signals.
This market will resolve to “Yes”, if Venezuelan crude oil production is greater than or equal to the listed number of barrels per day for any month in 2026, according to the OPEC Monthly Oil Market Report published for each month.
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.
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.
Market Opened: Jan 6, 2026, 11:09 PM ET
Volume
$184,538End Date
Feb 28, 2027Market Opened
Jan 6, 2026, 11:09 PM ETResolver
0x65070BE91...This market will resolve to “Yes”, if Venezuelan crude oil production is greater than or equal to the listed number of barrels per day for any month in 2026, according to the OPEC Monthly Oil Market Report published for each month.
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.Recent political transition and broad U.S. sanctions relief have unlocked foreign capital and licensing, driving Venezuelan crude output to approximately 1.2 million barrels per day in August 2026 per OPEC primary sources—the highest level in seven years. Chevron’s announced $7 billion, five-year investment targets doubling its joint-venture volumes to 600,000 bpd, while PDVSA sets a 1.3 million bpd goal for full-year 2026 and additional operators including Eni advance field development. Market-implied odds reflect these near-term catalysts alongside persistent risks from infrastructure constraints, diluent supply, and execution timelines. Traders will monitor September–December output data and rig deployment progress for resolution signals.
This market will resolve to “Yes”, if Venezuelan crude oil production is greater than or equal to the listed number of barrels per day for any month in 2026, according to the OPEC Monthly Oil Market Report published for each month.
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.
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.
Volume
$184,538End Date
Feb 28, 2027Market Opened
Jan 6, 2026, 11:09 PM ETResolver
0x65070BE91...Recent political transition and broad U.S. sanctions relief have unlocked foreign capital and licensing, driving Venezuelan crude output to approximately 1.2 million barrels per day in August 2026 per OPEC primary sources—the highest level in seven years. Chevron’s announced $7 billion, five-year investment targets doubling its joint-venture volumes to 600,000 bpd, while PDVSA sets a 1.3 million bpd goal for full-year 2026 and additional operators including Eni advance field development. Market-implied odds reflect these near-term catalysts alongside persistent risks from infrastructure constraints, diluent supply, and execution timelines. Traders will monitor September–December output data and rig deployment progress for resolution signals.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated
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