Will Venezuelan crude oil production reach __ barrels per day in 2026?1.1m
ResolvedOutcome: Yes$21Kas 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?
35 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 .
Analyst predicts double-digit growth in Venezuelan GDP by year's end. Oil production has increased from 942,000 to over 1.23 million barrels per day. Highlights include dialogue with the IMF and UN, and the Amnesty Law benefiting over 8,000 people. #teleSUR #Venezuela #Economy #29Jul
Venezuela is negotiating 30 hydrocarbon agreements, announced Delcy Rodríguez. Daily production: 1.2 million barrels. Year-end target: 1.4 million. "2027 will be a year of great growth," she projected. #Venezuela #Oil #teleSUR
VENEZUELA OIL EXPORTS EDGE LOWER • • Venezuela's oil exports slipped to 1.2 million bpd in June. • • Exports to the U.S. rose to 630,000 bpd, while shipments to India fell to 277,000 bpd. • • Chevron's Venezuelan oil exports increased to 293,000 bpd, while exports by trading firms declined to 775,000 bpd.
Venezuela's oil production continues after a powerful earthquake Venezuela's oil minister announced the continuation of oil production despite two earthquakes of more than 7 on the Richter scale in the country. Venezuela's oil minister, in a radio interview, announced that crude oil production is generally 1 million 200 thousand barrels per day, and said that the country's authorities are evaluating fuel storage, however, gas and gasoline are being supplied to the people. shana.ir/news/2256378 @Shananewsroom
Venezuela's oil production was unaffected by Wednesday's two earthquakes, with total output currently at 1.2 million barrels per day, Hydrocarbons Minister Paula Henao said. "We are operating normally," Henao told state radio. "All our wells are active; we are producing."
Venezuela’s oil production was unaffected by the two earthquakes that struck on Wednesday, with overall output currently standing at 1.2 million barrels per day, said Energy Minister Paula Henao. “We are operating under normal conditions,” Henao told the state radio network. “All of our wells are active, and we are producing.”
REUTERS NEXT-Venezuela oil exports could rise to 2 mln bpd during this administration, US Energy Secretary says
YESReuters99%match96¢+4%
Reuters Next-U.S. Energy Secretary Wright Says Expects to Be Able to Raise Venezuela Oil Exports to 2 Million Barrels Per Day During This Administration
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.
US ENERGY SECRETARY WRIGHT: OIL PRODUCTION IN VENEZUELA IS OVER 1.2 MILLION BARRELS PER DAY, 25% GROWTH IN 3 MONTHS. ...
YESReuters99%match70¢+43%
Oil Production in Venezuela is Over 1.2 Million Barrels Per Day, 25% Growth in 3 Months, Energy Secretary Wright Says
YESNews99%match69¢+45%
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 output rises to 1.1 mln bpd as sector recovery gains traction •
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%match73¢+37%
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%match76¢+32%
*TotalEnergies: Will Increase Production From Lapa Field by 25,000 Barrels a Day
YESfirstsquawk98%match76¢+32%
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%match76¢+32%
Drop from 4.3 million bod to 1.2 million bpd
YESCGTN America99%match28¢+257%
[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%match72¢-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%match28¢+257%
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%match28¢+257%
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
NOFirst Squawk98%match72¢-100%
EXPANDED US LICENSES EXPECTED TO RESTORE VENEZUELA CRUDE OIL PRODUCTION TO PRE-BLOCKADE LEVELS BY MID-2026 - EIA
YESFinancialJuice98%match28¢+257%
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.
YESCGTN Europe98%match28¢+257%
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
YESCGTN Europe98%match28¢+257%
VENEZUELA'S CRUDE PRODUCTION CLOSE TO 1 MILLION BPD AFTER OUTPUT CUT REVERSAL, SOURCES
YESCGTN America99%match41¢+144%
Venezuelan oil exports rose to some 800,000 barrels per day (bpd) in January, from 498,000 bpd in December, shipping data showed.
YESBloomberg99%match77¢+30%
The volume of Venezuelan oil floating at sea has spiked to the highest level in more than three years
NOThe Economist99%match13¢-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?
38YES5NO3neutraltrailing 24h
Average match confidence across the listed signals: 98%.
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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