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Economy·Venezuela

Will Venezuelan crude oil production reach __ barrels per day in 2026?

icon for Will Venezuelan crude oil production reach __ barrels per day in 2026?
Economy·Venezuela

Will Venezuelan crude oil production reach __ barrels per day in 2026?

$169,702 Vol.

28. Feb. 2027
Polymarket

$169,702 Vol.

Polymarket

1.1m

$16,144 Vol.

92%

1.2m

$9,928 Vol.

69%

1.3m

$7,143 Vol.

42%

1.4m

$17,198 Vol.

18%

1.5m

$8,266 Vol.

9%

1.7m

$58,057 Vol.

3%

2m

$13,889 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 U.S. sanctions enforcement and a naval blockade in late 2025 and early 2026 sharply curtailed Venezuelan exports, forcing production cuts to around 800,000 barrels per day amid storage constraints before partial recovery to roughly 1.0–1.2 million bpd by May 2026. Primary drivers of any 2026 upside remain political stability, expanded general licenses for firms such as Chevron, and fresh foreign capital to address chronic underinvestment and heavy-crude processing needs. Reaching levels materially above current rates would require billions in infrastructure repairs and diluent imports, historically taking multiple years even with sanctions relief. Traders weigh upcoming U.S. policy signals and OPEC+ dynamics against Venezuela’s structural capacity limits when assessing resolution probabilities for specific production thresholds.

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.
Volumen
$169,702
Enddatum
28. Feb. 2027
Markt eröffnet
Jan 6, 2026, 11:09 PM ET

Resolver

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.
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 U.S. sanctions enforcement and a naval blockade in late 2025 and early 2026 sharply curtailed Venezuelan exports, forcing production cuts to around 800,000 barrels per day amid storage constraints before partial recovery to roughly 1.0–1.2 million bpd by May 2026. Primary drivers of any 2026 upside remain political stability, expanded general licenses for firms such as Chevron, and fresh foreign capital to address chronic underinvestment and heavy-crude processing needs. Reaching levels materially above current rates would require billions in infrastructure repairs and diluent imports, historically taking multiple years even with sanctions relief. Traders weigh upcoming U.S. policy signals and OPEC+ dynamics against Venezuela’s structural capacity limits when assessing resolution probabilities for specific production thresholds.

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.
Volumen
$169,702
Enddatum
28. Feb. 2027
Markt eröffnet
Jan 6, 2026, 11:09 PM ET

Resolver

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.

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