Venezuelan crude oil production has surged to 1.1 million barrels per day (bpd) in March 2026, up from 942,000 bpd in February, driven by U.S. Treasury's March 18 general license authorizing broader transactions with PDVSA and expanded operations for Chevron, Repsol, and Eni. This sanction relief—following earlier approvals—has enabled resumed diluted crude exports and $1.4 billion in anticipated 2026 investments, countering years of underinvestment and infrastructure decay. EIA forecasts a return to pre-blockade levels near 1.2 million bpd by mid-year, though OPEC exemptions and political risks cap upside. Traders monitor Q2 output data and OPEC+ meetings for signals on sustained gains amid stable global oil demand.
Résumé expérimental généré par IA à partir des données Polymarket · Mis à jour$34,048 Vol.
1 million
85%
1,1 million
73%
1,2 million
38%
1,3 million
28%
1,4 million
13%
1,5 million
11%
1,7 million
7%
2 millions
5%
$34,048 Vol.
1 million
85%
1,1 million
73%
1,2 million
38%
1,3 million
28%
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...Venezuelan crude oil production has surged to 1.1 million barrels per day (bpd) in March 2026, up from 942,000 bpd in February, driven by U.S. Treasury's March 18 general license authorizing broader transactions with PDVSA and expanded operations for Chevron, Repsol, and Eni. This sanction relief—following earlier approvals—has enabled resumed diluted crude exports and $1.4 billion in anticipated 2026 investments, countering years of underinvestment and infrastructure decay. EIA forecasts a return to pre-blockade levels near 1.2 million bpd by mid-year, though OPEC exemptions and political risks cap upside. Traders monitor Q2 output data and OPEC+ meetings for signals on sustained gains amid stable global oil demand.
Résumé expérimental généré par IA à partir des données Polymarket · Mis à jour
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