Venezuelan crude oil production has surged to approximately 988,000–1.1 million barrels per day (bpd) in March 2026 per OPEC secondary sources and PDVSA reports, up from 823,000 bpd in January, driven primarily by U.S. sanctions relief in February–March that expanded licenses for Chevron and traders like Vitol and Trafigura. This enabled higher joint-venture output and exports exceeding 1.2 million bpd in April amid strong demand for heavy crudes from India and Europe. EIA forecasts suggest potential restoration to pre-sanctions levels of 1.1–1.2 million bpd by mid-2026 with modest infrastructure investments, though PDVSA contract delays and political risks cap upside. Traders watch upcoming OPEC Monthly Oil Market Reports for April data and FOMC meetings influencing global oil prices and risk appetite.
Ringkasan eksperimental yang dihasilkan AI dengan referensi data Polymarket. Ini bukan saran trading dan tidak berperan dalam bagaimana pasar ini diselesaikan. · Diperbarui$109,918 Vol.
1.1m
97%
1.2m
62%
1.3m
11%
1.4m
5%
1.5m
6%
1.7m
3%
2m
6%
$109,918 Vol.
1.1m
97%
1.2m
62%
1.3m
11%
1.4m
5%
1.5m
6%
1.7m
3%
2m
6%
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.
Pasar Dibuka: 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 approximately 988,000–1.1 million barrels per day (bpd) in March 2026 per OPEC secondary sources and PDVSA reports, up from 823,000 bpd in January, driven primarily by U.S. sanctions relief in February–March that expanded licenses for Chevron and traders like Vitol and Trafigura. This enabled higher joint-venture output and exports exceeding 1.2 million bpd in April amid strong demand for heavy crudes from India and Europe. EIA forecasts suggest potential restoration to pre-sanctions levels of 1.1–1.2 million bpd by mid-2026 with modest infrastructure investments, though PDVSA contract delays and political risks cap upside. Traders watch upcoming OPEC Monthly Oil Market Reports for April data and FOMC meetings influencing global oil prices and risk appetite.
Ringkasan eksperimental yang dihasilkan AI dengan referensi data Polymarket. Ini bukan saran trading dan tidak berperan dalam bagaimana pasar ini diselesaikan. · Diperbarui
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