Recent Venezuelan crude oil output has climbed to roughly 1.23 million barrels per day as of August 2026, reflecting the fastest growth among major producers this year after U.S. sanctions relief, new hydrocarbons legislation, and foreign investment from operators including Chevron. These developments have boosted joint-venture activity and diluent imports, yet infrastructure decay, rig shortages, and heavy-crude economics continue to constrain further gains. Government targets of 1.37 million barrels per day by year-end exceed most independent forecasts of around 1.3 million, while longer-term projections point to a plateau near 2 million barrels per day only by the end of the decade. OPEC secondary-source data through December 2026 and upcoming investment agreements will determine whether any monthly figure meets elevated thresholds.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated$183,399 Vol.
Feb 27, 2027
1.2m
74%
1.3m
15%
1.4m
8%
1.5m
5%
1.7m
4%
2m
2%
$183,399 Vol.
1.2m
$10,669 Vol.
74%
1.3m
$7,790 Vol.
15%
1.4m
$19,774 Vol.
8%
1.5m
$9,840 Vol.
5%
1.7m
$59,361 Vol.
4%
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$16,326 Vol.
2%
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 Venezuelan crude oil output has climbed to roughly 1.23 million barrels per day as of August 2026, reflecting the fastest growth among major producers this year after U.S. sanctions relief, new hydrocarbons legislation, and foreign investment from operators including Chevron. These developments have boosted joint-venture activity and diluent imports, yet infrastructure decay, rig shortages, and heavy-crude economics continue to constrain further gains. Government targets of 1.37 million barrels per day by year-end exceed most independent forecasts of around 1.3 million, while longer-term projections point to a plateau near 2 million barrels per day only by the end of the decade. OPEC secondary-source data through December 2026 and upcoming investment agreements will determine whether any monthly figure meets elevated 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.
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.
Market Opened: Jan 6, 2026, 11:09 PM ET
Volume
$183,399End Date
Feb 28, 2027Market Opened
Jan 6, 2026, 11:09 PM ETResolver
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.Recent Venezuelan crude oil output has climbed to roughly 1.23 million barrels per day as of August 2026, reflecting the fastest growth among major producers this year after U.S. sanctions relief, new hydrocarbons legislation, and foreign investment from operators including Chevron. These developments have boosted joint-venture activity and diluent imports, yet infrastructure decay, rig shortages, and heavy-crude economics continue to constrain further gains. Government targets of 1.37 million barrels per day by year-end exceed most independent forecasts of around 1.3 million, while longer-term projections point to a plateau near 2 million barrels per day only by the end of the decade. OPEC secondary-source data through December 2026 and upcoming investment agreements will determine whether any monthly figure meets elevated 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.
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.
Volume
$183,399End Date
Feb 28, 2027Market Opened
Jan 6, 2026, 11:09 PM ETResolver
0x65070BE91...Recent Venezuelan crude oil output has climbed to roughly 1.23 million barrels per day as of August 2026, reflecting the fastest growth among major producers this year after U.S. sanctions relief, new hydrocarbons legislation, and foreign investment from operators including Chevron. These developments have boosted joint-venture activity and diluent imports, yet infrastructure decay, rig shortages, and heavy-crude economics continue to constrain further gains. Government targets of 1.37 million barrels per day by year-end exceed most independent forecasts of around 1.3 million, while longer-term projections point to a plateau near 2 million barrels per day only by the end of the decade. OPEC secondary-source data through December 2026 and upcoming investment agreements will determine whether any monthly figure meets elevated thresholds.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated
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