Will Venezuelan crude oil production reach __ barrels per day in 2026?1.4m
Open$20Kas of
Odds now
The market prices a 7% chance that this market resolves YES, as of .
YES7¢
NO93¢
as of
What moved the odds?
20 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 live price as of .
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.
The death toll from the Venezuelan earthquake has risen to 1,430 as the search for survivors continues and international rescue teams arrive amid widespread devastation, millions affected, and the gradual restoration of electricity.
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
#InPictures|| In commemoration of Lawyers' Day, the Third Legal Update Conference was held in the Simón Bolívar Hall at PDVSA La Campiña, a key space for debate and strengthening the knowledge of our workforce. The president of Petróleos de Venezuela, S.A., Héctor Obregón, led the closing of the event, recognizing the historical and strategic role of hydrocarbon law professionals in the evolution of the industry. Obregón also highlighted the resilience of the legal team in the face of more than a thousand unilateral coercive measures imposed against the country since 2014. He emphasized that, thanks to legal ingenuity and tools such as the Anti-Blockade Law, innovative strategies were developed that allowed for significant milestones in the sector between 2023 and 2025, including: -A 26% increase in cumulative production, reaching 1,200,000 bpd in 2025. - Drafting of 31 Production Participation Contracts, attracting $900 million in investment. - Recovery of 21% of refining processing capacity, guaranteeing national fuel with 100% sovereign production. - Successful export of 309 million barrels under favorable international contracts. The event concluded with explicit recognition of the tenacity, perseverance, and technical expertise of the industry's legal team.
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.
NOReuters99%match87¢+7%
Oil Production in Venezuela is Over 1.2 Million Barrels Per Day, 25% Growth in 3 Months, Energy Secretary Wright Says
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
NOReuters99%match83¢+12%
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.
NOfirstsquawk98%match88¢+6%
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.
NOCGTN America99%match91¢+2%
EXCLUSIVE- VENEZUELA OIL OUTPUT UNAFFECTED BY PRODUCTION-SHARING CONTRACT SUSPENSION, DOES NOT IMPACT JOINT VENTURE CONTRACTS
NOBloomberg99%match88¢+6%
The volume of Venezuelan oil floating at sea has spiked to the highest level in more than three years
NOThe Economist99%match77¢+21%
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?
16YES26NO9neutraltrailing 24h
Average match confidence across the listed signals: 99%.
What would make this resolve YES?
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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