Recent U.S. Treasury licensing expansions and sanctions relief have unlocked greater export capacity for PDVSA, driving Venezuelan crude output from sub-1 million barrels per day (bpd) early in the year to approximately 1.1 million bpd by March 2026, with secondary sources reporting 1.03 million bpd in April. Renewed joint ventures involving Chevron, Vitol, and Trafigura, alongside potential re-entry by ExxonMobil and ConocoPhillips, are channeling foreign direct investment into Orinoco Belt rehabilitation and well workovers. Infrastructure constraints and heavy crude quality continue to limit rapid scaling, while global oversupply dynamics and upcoming OPEC+ compliance reports could influence trader assessments of whether production sustains or exceeds key 2026 thresholds.
Eksperimental na AI-generated summary na nire-reference ang Polymarket data. Hindi ito trading advice at wala itong papel sa kung paano nire-resolve ang market na ito. · Na-update$110,970 Vol.
1.1m
98%
1.2m
77%
1.3m
42%
1.4m
20%
1.5m
8%
1.7m
4%
2m
4%
$110,970 Vol.
1.1m
98%
1.2m
77%
1.3m
42%
1.4m
20%
1.5m
8%
1.7m
4%
2m
4%
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.
Binuksan ang Market: 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...Recent U.S. Treasury licensing expansions and sanctions relief have unlocked greater export capacity for PDVSA, driving Venezuelan crude output from sub-1 million barrels per day (bpd) early in the year to approximately 1.1 million bpd by March 2026, with secondary sources reporting 1.03 million bpd in April. Renewed joint ventures involving Chevron, Vitol, and Trafigura, alongside potential re-entry by ExxonMobil and ConocoPhillips, are channeling foreign direct investment into Orinoco Belt rehabilitation and well workovers. Infrastructure constraints and heavy crude quality continue to limit rapid scaling, while global oversupply dynamics and upcoming OPEC+ compliance reports could influence trader assessments of whether production sustains or exceeds key 2026 thresholds.
Eksperimental na AI-generated summary na nire-reference ang Polymarket data. Hindi ito trading advice at wala itong papel sa kung paano nire-resolve ang market na ito. · Na-update
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