Venezuela's crude oil production has climbed to approximately 900,000–1.02 million barrels per day in early 2026 per EIA and OPEC data, up from 800,000 bpd in January amid U.S. license expansions for Chevron and Shell following political shifts after the January leadership capture. This fragile recovery, fueled by high global oil prices and sanction relief, reflects improved exports but faces headwinds from dilapidated infrastructure, underinvestment, and OPEC+ quota constraints. Trader consensus on Polymarket prices strong odds for breaching 1 million bpd in any 2026 month, with diminishing probabilities for higher thresholds like 1.1–1.4 million due to multi-year capex needs estimated at tens of billions. Key catalysts include April OPEC Monthly Oil Market Report, EIA Short-Term Energy Outlook, and potential quota adjustments.
Résumé expérimental généré par IA à partir des données Polymarket · Mis à jour$33,986 Vol.
1 million
84%
1,1 million
71%
1,2 million
38%
1,3 million
27%
1,4 million
13%
1,5 million
11%
1,7 million
7%
2 millions
5%
$33,986 Vol.
1 million
84%
1,1 million
71%
1,2 million
38%
1,3 million
27%
1,4 million
13%
1,5 million
11%
1,7 million
7%
2 millions
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.
Marché ouvert : 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 climbed to approximately 900,000–1.02 million barrels per day in early 2026 per EIA and OPEC data, up from 800,000 bpd in January amid U.S. license expansions for Chevron and Shell following political shifts after the January leadership capture. This fragile recovery, fueled by high global oil prices and sanction relief, reflects improved exports but faces headwinds from dilapidated infrastructure, underinvestment, and OPEC+ quota constraints. Trader consensus on Polymarket prices strong odds for breaching 1 million bpd in any 2026 month, with diminishing probabilities for higher thresholds like 1.1–1.4 million due to multi-year capex needs estimated at tens of billions. Key catalysts include April OPEC Monthly Oil Market Report, EIA Short-Term Energy Outlook, and potential quota adjustments.
Résumé expérimental généré par IA à partir des données Polymarket · Mis à jour
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