Will Venezuelan crude oil production reach __ barrels per day in 2026?1m
ResolvedOutcome: Yes$39Kas of
Odds now
This market has resolved Yes. Final market pricing put YES at 100%, as of .
YES100¢
NO0¢
as of
What moved the odds?
34 AI-matched news signals on this market, newest first. Entry price is the called side when the news hit; the signed return marks it against the final price as of .
VENEZUELA'S OIL OUTPUT HAS RISEN TO 1.2 MILLION BARRELS PER DAY, SAYS WRIGHT. ...
VENEZUELA'S OIL OUTPUT HAS RISEN TO 1.2 MILLION BARRELS PER DAY, SAYS WRIGHT.
US ENERGY SECRETARY WRIGHT: VENEZUELAN OIL PRODUCTION HAS INCREASED TO 1.2M BPD. ...
#InVideo| Germán Márquez, a specialist in international oil policy and trade, stated that Venezuelan oil production could reach 1.3 million barrels per day by the end of 2026, with favorable medium-term projections that will position Venezuela in the global energy market.
Chevron says Venezuelan oil imports are helping curb U.S. gas prices
US ENERGY SECRETARY WRIGHT: OIL PRODUCTION IN VENEZUELA IS OVER 1.2 MILLION BARRELS PER DAY, 25% GROWTH IN 3 MONTHS. ...
YESReuters99%match93¢+8%
Oil Production in Venezuela is Over 1.2 Million Barrels Per Day, 25% Growth in 3 Months, Energy Secretary Wright Says
YESNews99%match86¢+16%
Iran cut oil production by 180,000 barrels per day in March compared to February, while Venezuela increased it by 80,000 barrels per day, according to OPEC.
OPEC countries apparently want to ramp up production – “The market needs every barrel”
Venezuela oil production has reached 1.1 mln bpd in March
VENEZUELA OIL PRODUCTION HAS REACHED 1.1 MLN BPD IN MARCH: GOV'T PRESENTATION
YESReuters99%match85¢+18%
Venezuela Oil Production Has Reached 1.1 Mln Bpd in March: Gov’t Presentation
Oil Minister: We have decided to continue producing crude oil at a level of 1.4 million barrels per day.
YESNews98%match90¢+11%
*TotalEnergies: Will Increase Production From Lapa Field by 25,000 Barrels a Day
NOfirstsquawk98%match10¢-100%
CHEVRON HAS AGREED TO PRELIMINARY TERMS TO EXPAND OUTPUT IN THE ORINOCO BELT, WHILE SHELL IS WORKING ON PRELIMINARY DEALS TO DEVELOP OIL AND GAS FIELDS IN THE MONAGAS NORTH REGION.
YESlrozen98%match90¢+11%
Drop from 4.3 million bod to 1.2 million bpd
YESReuters99%match78¢+28%
US seeks ownership of oil tanker and 1.8 million barrels of Venezuelan crude
YESReuters99%match77¢+30%
US seeks ownership of oil tanker and 1.8 million barrels of Venezuelan crude
NOFirst Squawk98%match32¢-100%
[Replying to @FirstSquawk] CHINESE INDEPENDENT REFINERS THAT PREVIOUSLY IMPORTED SANCTIONED VENEZUELAN CRUDE CAN NOW BUY IT ON THE OPEN MARKET, AND SOME OIL CURRENTLY IN FLOATING STORAGE IS BEING SOLD BUT NOT YET DELIVERED. >
NOCGTN America99%match32¢-100%
EXCLUSIVE- VENEZUELA OIL OUTPUT UNAFFECTED BY PRODUCTION-SHARING CONTRACT SUSPENSION, DOES NOT IMPACT JOINT VENTURE CONTRACTS
NOFirst Squawk98%match32¢-100%
[Replying to @FirstSquawk] VENEZUELAN CRUDE IS BEING SOLD AT ROUGHLY $50/BARREL, WITH ~40 MILLION BARRELS EXPECTED SOLD BY MONTH’S END AND ADDITIONAL VOLUMES IN FLOATING STORAGE YET TO BE DELIVERED.VENEZUELAN CRUDE IS BEING SOLD AT ROUGHLY $50/BARREL, WITH ~40 MILLION BARRELS EXPECTED SOLD BY MONTH’S END… >
NOFirst Squawk98%match31¢-100%
Trump: Over 80 million barrels of Venezuelan oil have been received.
NO*Walter Bloomberg98%match31¢-100%
TRUMP SAYS RECEIVED MORE THAN 80 MILLION BARRELS OF VENEZUELAN OIL
NOCGTN America98%match31¢-100%
TRUMP SAYS RECEIVED MORE THAN 80 MILLION BARRELS OF VENEZUELAN OIL
NOCGTN Europe98%match31¢-100%
TRUMP SAYS RECEIVED MORE THAN 80 MILLION BARRELS OF VENEZUELAN OIL
YESCGTN America99%match68¢+47%
[Replying to @cgtnamerica] U.S. ENERGY SECRETARY CHRIS WRIGHT: WE DO NOT NEED A NET ZERO SCENARIO BY THE INTERNATIONAL ENERGY AGENCY > U.S. ENERGY SECRETARY CHRIS WRIGHT: I THINK YOU'LL SEE SEVERAL HUNDRED THOUSAND BARRELS PER DAY OF ADDITIONAL VENEZUELAN OIL PRODUCTION BY YEAR-END
NOCGTN America99%match32¢-100%
[Replying to @cgtnamerica] U.S. ENERGY SECRETARY CHRIS WRIGHT: WE ARE NOT SATISFIED YET BY THE CHANGES AT THE INTERNATIONAL ENERGY AGENCY > U.S. ENERGY SECRETARY CHRIS WRIGHT: I THINK YOU'LL SEE SEVERAL HUNDRED THOUSAND BARRELS PER DAY OF ADDITIONAL VENEZUELAN OIL PRODUCTION BY YEAR-END
YESCGTN America98%match68¢+47%
U.S. ENERGY SECRETARY CHRIS WRIGHT: I THINK YOU'LL SEE SEVERAL HUNDRED THOUSAND BARRELS PER DAY OF ADDITIONAL VENEZUELAN OIL PRODUCTION BY YEAR-END
YESCGTN Europe98%match68¢+47%
U.S. ENERGY SECRETARY CHRIS WRIGHT: I THINK YOU'LL SEE SEVERAL HUNDRED THOUSAND BARRELS PER DAY OF ADDITIONAL VENEZUELAN OIL PRODUCTION BY YEAR-END
YESFinancialJuice98%match72¢+39%
Venezuela's crude production close to 1 million bpd after output cut reversal. Crude output at Venezuela's main oil region, the Orinoco belt, has gained more than 100,000 bpd to some 500,000 bpd after PDVSA's outcut cut reversal - Sources.
YES*Walter Bloomberg98%match72¢+39%
CRUDE OUTPUT AT VENEZUELA'S MAIN OIL REGION, THE ORINOCO BELT, HAS GAINED MORE THAN 100,000 BPD TO SOME 500,000 BPD AFTER PDVSA'S OUTCUT CUT REVERSAL, SOURCES SAY VENEZUELA'S CRUDE PRODUCTION CLOSE TO 1 MILLION BPD AFTER OUTPUT CUT REVERSAL, SOURCES SAY
YESCGTN America99%match71¢+41%
Venezuelan oil exports rose to some 800,000 barrels per day (bpd) in January, from 498,000 bpd in December, shipping data showed.
YESBloomberg99%match88¢+14%
The volume of Venezuelan oil floating at sea has spiked to the highest level in more than three years
NOThe Economist99%match7¢-100%
With global demand for oil soft and the possibility of it peaking as early as 2030, supermajors have become pickier. These days any old barrels won’t do: they should be low-cost and low-risk. Venezuelan ones are neither
Where does the news lean?
28YES10NO1neutraltrailing 24h
Average match confidence across the listed signals: 99%.
How did this market resolve?
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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