Will Venezuelan crude oil production reach __ barrels per day in 2026?1.7m
Open$59Kas of
Odds now
The market prices a 4% chance that this market resolves YES, as of .
YES4¢
NO96¢
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 .
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 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.”
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.
#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¢+10%
Oil Production in Venezuela is Over 1.2 Million Barrels Per Day, 25% Growth in 3 Months, Energy Secretary Wright Says
NONews98%match93¢+3%
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.
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%match93¢+3%
Venezuela Oil Production Has Reached 1.1 Mln Bpd in March: Gov’t Presentation
NOlrozen98%match93¢+3%
Drop from 4.3 million bod to 1.2 million bpd
NOfirstsquawk98%match93¢+3%
EIA: GLOBAL OIL INVENTORIES WILL INCREASE BY AN AVERAGE OF 1.9 MILLION BARRELS PER DAY IN 2026 AND BY 3.0 MILLION BPD IN 2027
YESFinancialJuice99%match7¢-43%
OPEC Plus is considering larger oil output hike of as much as 411,000 barrels per day, two sources close to OPEC Plus say
NOReuters99%match93¢+3%
US seeks ownership of oil tanker and 1.8 million barrels of Venezuelan crude
NOReuters99%match93¢+3%
US seeks ownership of oil tanker and 1.8 million barrels of Venezuelan crude
NOFirst Squawk98%match94¢+2%
Trump: Over 80 million barrels of Venezuelan oil have been received.
NOCGTN Europe98%match93¢+3%
VENEZUELA'S CRUDE PRODUCTION CLOSE TO 1 MILLION BPD AFTER OUTPUT CUT REVERSAL, SOURCES
NO*Walter Bloomberg98%match93¢+3%
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
NOThe Economist99%match91¢+5%
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?
2YES24NO3neutraltrailing 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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