Prediction HFT
LIVE · TRADING OPENVENEZUELAEVENT IN 278D 8H
Will Venezuelan crude oil production reach __ barrels per day in 2026?

Will Venezuelan crude oil production reach __ barrels per day in 2026?

MARKETS8
CLOSESFeb 28, 2027 · 12:00 AM UTC
EVENT VOLUME
$20
MARKETS
8
LIQUIDITY
$10k

Markets in this event

8 markets · sorted by volume

Event activity

Across all 8 markets
24H VOLUME
$20
Past 24 hours
TOTAL VOLUME
$112k
Since creation
LIQUIDITY
$10k
Available to trade

About this event

Context for traders

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.

How trading works

Polymarket uses a central limit order book (CLOB) model — you can buy or sell shares of any outcome at the current market price, or place limit orders. Prices represent implied probability: a $0.65 contract means the market prices a 65% chance of that outcome.

FAQ

Resolution & format
How are markets in this event resolved?+
Each market resolves based on the official outcome as verified by the UMA Optimistic Oracle.
When do these markets close?+
Trading closes at Feb 28, 2027 · 12:00 AM UTC. After close, the UMA oracle proposes a resolution and a 2-hour dispute window opens before final settlement.
How many markets are in this event?+
This event contains 8 markets. Each market settles independently — you can trade any or all of them.
What happens if the resolution source is unavailable?+
If the primary resolution source is unavailable, the market may be delayed or resolved by UMA oracle vote using credible alternative sources. Polymarket's optimistic oracle has final authority on disputed resolutions.
How do I trade on Polymarket?+
You need a Polymarket account (sign up with email or crypto wallet). Connect a Polygon-compatible wallet, fund it with USDC, and you can buy or sell shares of any outcome. All settlements are in USDC.