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icon for Venezuelan oil added to Strategic Petroleum Reserve by...?

Venezuelan oil added to Strategic Petroleum Reserve by...?

icon for Venezuelan oil added to Strategic Petroleum Reserve by...?

Venezuelan oil added to Strategic Petroleum Reserve by...?

NEW
Sep 30, 2026
Polymarket

$2,714 Vol.

Polymarket

September 30

$1,151 Vol.

<1%

December 31

$1,563 Vol.

8%

On August 28, 2026, the United States and Venezuela announced an oil deal granting the United States access to Venezuela's crude oil reserves. This market will resolve to "Yes" if any amount of Venezuelan oil acquired under this agreement is deposited into the United States Strategic Petroleum Reserve (SPR) by the specified date, 11:59 PM ET. Otherwise, this market will resolve to "No". A qualifying deposit must be confirmed to have been received at a US SPR storage facility and to have been sourced from Venezuela under the referenced agreement or a successor US-Venezuela oil deal. Announcements of plans or intentions to deposit Venezuelan oil into the SPR will not qualify. The deposit must be confirmed by the specified date, 11:59 PM ET. The resolution sources for this market will be official information from the government of the United States and a consensus of credible reporting.The U.S. Strategic Petroleum Reserve stands at roughly 285 million barrels, its lowest level since 1982, after coordinated releases of up to 172 million barrels tied to the Iran conflict and earlier drawdowns. President Trump’s late-August 2026 Venezuela oil agreement, covering 65 billion barrels of reserves through a private partnership, prompted claims that Venezuelan crude would soon replenish stocks. However, the heavy, high-sulfur grades produced there are incompatible with SPR caverns optimized for lighter, sweeter crude, prompting swap proposals where Venezuelan barrels go to Gulf refineries in exchange for suitable U.S. grades. Energy Department statements on September 21 explicitly ruled out near-term Venezuelan oil use for refills, underscoring infrastructure, quality, and timeline barriers that keep any addition a longer-term prospect rather than an immediate market catalyst.

On August 28, 2026, the United States and Venezuela announced an oil deal granting the United States access to Venezuela's crude oil reserves.

This market will resolve to "Yes" if any amount of Venezuelan oil acquired under this agreement is deposited into the United States Strategic Petroleum Reserve (SPR) by the specified date, 11:59 PM ET. Otherwise, this market will resolve to "No".

A qualifying deposit must be confirmed to have been received at a US SPR storage facility and to have been sourced from Venezuela under the referenced agreement or a successor US-Venezuela oil deal. Announcements of plans or intentions to deposit Venezuelan oil into the SPR will not qualify.

The deposit must be confirmed by the specified date, 11:59 PM ET.

The resolution sources for this market will be official information from the government of the United States and a consensus of credible reporting.
On August 28, 2026, the United States and Venezuela announced an oil deal granting the United States access to Venezuela's crude oil reserves. This market will resolve to "Yes" if any amount of Venezuelan oil acquired under this agreement is deposited into the United States Strategic Petroleum Reserve (SPR) by the specified date, 11:59 PM ET. Otherwise, this market will resolve to "No". A qualifying deposit must be confirmed to have been received at a US SPR storage facility and to have been sourced from Venezuela under the referenced agreement or a successor US-Venezuela oil deal. Announcements of plans or intentions to deposit Venezuelan oil into the SPR will not qualify. The deposit must be confirmed by the specified date, 11:59 PM ET. The resolution sources for this market will be official information from the government of the United States and a consensus of credible reporting.
Volume
$2,714
End Date
Jan 1, 2027
Market Opened
Sep 2, 2026, 2:16 PM ET
On August 28, 2026, the United States and Venezuela announced an oil deal granting the United States access to Venezuela's crude oil reserves. This market will resolve to "Yes" if any amount of Venezuelan oil acquired under this agreement is deposited into the United States Strategic Petroleum Reserve (SPR) by the specified date, 11:59 PM ET. Otherwise, this market will resolve to "No". A qualifying deposit must be confirmed to have been received at a US SPR storage facility and to have been sourced from Venezuela under the referenced agreement or a successor US-Venezuela oil deal. Announcements of plans or intentions to deposit Venezuelan oil into the SPR will not qualify. The deposit must be confirmed by the specified date, 11:59 PM ET. The resolution sources for this market will be official information from the government of the United States and a consensus of credible reporting.The U.S. Strategic Petroleum Reserve stands at roughly 285 million barrels, its lowest level since 1982, after coordinated releases of up to 172 million barrels tied to the Iran conflict and earlier drawdowns. President Trump’s late-August 2026 Venezuela oil agreement, covering 65 billion barrels of reserves through a private partnership, prompted claims that Venezuelan crude would soon replenish stocks. However, the heavy, high-sulfur grades produced there are incompatible with SPR caverns optimized for lighter, sweeter crude, prompting swap proposals where Venezuelan barrels go to Gulf refineries in exchange for suitable U.S. grades. Energy Department statements on September 21 explicitly ruled out near-term Venezuelan oil use for refills, underscoring infrastructure, quality, and timeline barriers that keep any addition a longer-term prospect rather than an immediate market catalyst.

On August 28, 2026, the United States and Venezuela announced an oil deal granting the United States access to Venezuela's crude oil reserves.

This market will resolve to "Yes" if any amount of Venezuelan oil acquired under this agreement is deposited into the United States Strategic Petroleum Reserve (SPR) by the specified date, 11:59 PM ET. Otherwise, this market will resolve to "No".

A qualifying deposit must be confirmed to have been received at a US SPR storage facility and to have been sourced from Venezuela under the referenced agreement or a successor US-Venezuela oil deal. Announcements of plans or intentions to deposit Venezuelan oil into the SPR will not qualify.

The deposit must be confirmed by the specified date, 11:59 PM ET.

The resolution sources for this market will be official information from the government of the United States and a consensus of credible reporting.
On August 28, 2026, the United States and Venezuela announced an oil deal granting the United States access to Venezuela's crude oil reserves. This market will resolve to "Yes" if any amount of Venezuelan oil acquired under this agreement is deposited into the United States Strategic Petroleum Reserve (SPR) by the specified date, 11:59 PM ET. Otherwise, this market will resolve to "No". A qualifying deposit must be confirmed to have been received at a US SPR storage facility and to have been sourced from Venezuela under the referenced agreement or a successor US-Venezuela oil deal. Announcements of plans or intentions to deposit Venezuelan oil into the SPR will not qualify. The deposit must be confirmed by the specified date, 11:59 PM ET. The resolution sources for this market will be official information from the government of the United States and a consensus of credible reporting.
Volume
$2,714
End Date
Jan 1, 2027
Market Opened
Sep 2, 2026, 2:16 PM ET

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Frequently Asked Questions

"Venezuelan oil added to Strategic Petroleum Reserve by...?" is a prediction market on Polymarket with 2 possible outcomes where traders buy and sell shares based on what they believe will happen. The current leading outcome is "December 31" at 8%, followed by "September 30" at 0%. Prices reflect real-time crowd-sourced probabilities. For example, a share priced at 8¢ implies that the market collectively assigns a 8% chance to that outcome. These odds shift continuously as traders react to new developments and information. Shares in the correct outcome are redeemable for $1 each upon market resolution.

"Venezuelan oil added to Strategic Petroleum Reserve by...?" is a newly created market on Polymarket, launched on Sep 2, 2026. As an early market, this is your opportunity to be among the first traders to set the odds and establish the market's initial price signals. You can also bookmark this page to track volume and trading activity as the market gains traction over time.

To trade on "Venezuelan oil added to Strategic Petroleum Reserve by...?," browse the 2 available outcomes listed on this page. Each outcome displays a current price representing the market's implied probability. To take a position, select the outcome you believe is most likely, choose "Yes" to trade in favor of it or "No" to trade against it, enter your amount, and click "Trade." If your chosen outcome is correct when the market resolves, your "Yes" shares pay out $1 each. If it's incorrect, they pay out $0. You can also sell your shares at any time before resolution if you want to lock in a profit or cut a loss.

This is a wide-open market. The current leader for "Venezuelan oil added to Strategic Petroleum Reserve by...?" is "December 31" at just 8%, with "September 30" close behind at 0%. With no outcome commanding a strong majority, traders see this as highly uncertain, which can present unique trading opportunities. These odds update in real-time, so bookmark this page to watch how the probabilities evolve.

The resolution rules for "Venezuelan oil added to Strategic Petroleum Reserve by...?" define exactly what needs to happen for each outcome to be declared a winner — including the official data sources used to determine the result. You can review the complete resolution criteria in the "Rules" section on this page above the comments. We recommend reading the rules carefully before trading, as they specify the precise conditions, edge cases, and sources that govern how this market is settled.