Will Venezuelan crude oil production reach 1.4m barrels per day in 2026?
BUY YES
- Cost
- 10.0¢
- Implied chance
- 10.0%
- Return if right
- 900.0%
- Spread cost
- 22%
If you put in $100
You get 1000.0 shares at 10.0¢ each.
YES wins: $1000.00 back, a profit of $900.00. YES loses: $0.00, and the whole $100 is gone.
The gap between buyers and sellers takes $250.00 of that profit. Without it you would make $1150.00.
Assumes the whole order fills at this price. A large order eats into the book and averages worse.
Buy YES on Polymarket
BUY NO
- Cost
- 94.0¢
- Implied chance
- 94.0%
- Return if right
- 6.4%
- Spread cost
- 27%
If you put in $100
You get 106.4 shares at 94.0¢ each.
NO wins: $106.38 back, a profit of $6.38. NO loses: $0.00, and the whole $100 is gone.
The gap between buyers and sellers takes $2.31 of that profit. Without it you would make $8.70.
Assumes the whole order fills at this price. A large order eats into the book and averages worse.
Buy NO on Polymarket
Latest: Aug 13, 06:41 AM1 further outcome not shown
Latest news
headlines link to their publishers- Colombia Quake Chases Teenage Venezuelan Brothers From Their New HomeThe New York Times · 2d ago
- Energy Dept. draws fire for slow pace of Venezuelan oil dealsAxios · 10d ago
Headlines are matched on the names in “Will Venezuelan crude oil production reach 1.4m barrels per …”. Nobody checks them by hand, so one may not be relevant. They also say nothing about whether the price has already moved on this news.
How this market resolves
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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