Venezuelan crude output has rebounded to roughly 1.1–1.2 million barrels per day in mid-2026 following early-year sanctions relief and a shift in U.S. policy that enabled expanded export licenses and renewed engagement by international traders. Production gains remain constrained by aging infrastructure, diluent shortages, and the need for substantial capital investment to rehabilitate fields, with estimates suggesting only modest additions of 100,000–200,000 barrels per day are feasible by year-end without larger-scale projects. OPEC data and secondary sources highlight that Venezuela continues to operate well below historical peaks near 3 million barrels per day, and any push toward higher thresholds in 2026 will depend on sustained foreign investment flows, regulatory stability, and global crude prices supporting PDVSA’s cash generation.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated$182,345 Vol.
1.2m
57%
1.3m
24%
1.4m
8%
1.5m
6%
1.7m
3%
2m
3%
$182,345 Vol.
1.2m
57%
1.3m
24%
1.4m
8%
1.5m
6%
1.7m
3%
2m
3%
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
Resolver
0x65070BE91...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.
Resolver
0x65070BE91...Venezuelan crude output has rebounded to roughly 1.1–1.2 million barrels per day in mid-2026 following early-year sanctions relief and a shift in U.S. policy that enabled expanded export licenses and renewed engagement by international traders. Production gains remain constrained by aging infrastructure, diluent shortages, and the need for substantial capital investment to rehabilitate fields, with estimates suggesting only modest additions of 100,000–200,000 barrels per day are feasible by year-end without larger-scale projects. OPEC data and secondary sources highlight that Venezuela continues to operate well below historical peaks near 3 million barrels per day, and any push toward higher thresholds in 2026 will depend on sustained foreign investment flows, regulatory stability, and global crude prices supporting PDVSA’s cash generation.
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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