{
  "_notice": {
    "type": "free_key_offer",
    "message": "Free and anonymous access is staying. If this endpoint is in your pipeline, a free key adds advance notice before any schema change or deprecation. POST /v1/keys {\"email\": \"you@firm.com\"} — nothing else required. Something broken or missing? hello@clearmarket.fyi reaches a human.",
    "docs": "https://clearmarket.fyi/for-data/",
    "policy": "This field is additive and its shape will not change."
  },
  "event_id": "CM-EVT-WL6DTZN086",
  "slug": "will-venezuelan-crude-oil-production-reach-barrels-per-day-in-2026",
  "question": "Venezuelan crude oil production, 2026",
  "category": "economics",
  "event_type": "LADDER",
  "ladder_distribution": {
    "direction": "above",
    "implied_band": [
      1200000,
      1300000
    ],
    "strikes": [
      {
        "threshold": 1000000,
        "prob": 100
      },
      {
        "threshold": 1100000,
        "prob": 93
      },
      {
        "threshold": 1200000,
        "prob": 80
      },
      {
        "threshold": 1300000,
        "prob": 36
      },
      {
        "threshold": 1400000,
        "prob": 11
      },
      {
        "threshold": 1500000,
        "prob": 11
      },
      {
        "threshold": 1700000,
        "prob": 7
      },
      {
        "threshold": 2000000,
        "prob": 3
      }
    ]
  },
  "tags": [
    "venezuela",
    "crude-oil",
    "energy-production",
    "2027",
    "economics",
    "commodities"
  ],
  "catalyst_types": [],
  "catalyst_dates": [],
  "editorial_notes": "These markets track whether Venezuelan crude output will reach discrete production thresholds ranging from 1m to 2m barrels per day in 2026. Each Polymarket contract is a binary strike at a separate level, collectively forming an implied production distribution across the threshold ladder. The structural insight: rather than a single continuous range, Polymarket prices each strike level independently, allowing traders to express views at specific production increments. Resolution relies on OPEC's Monthly Oil Market Report Table 5-7, via Polymarket's UMA Optimistic Oracle, with markets settling by February 28, 2027.",
  "venues_covered": [
    "polymarket"
  ],
  "primary_market_id": "CM-MKT-QLDMDLR510",
  "current_primary_mark": {
    "last_price": 0.38,
    "implied_probability": 0.38
  },
  "created_at": "2026-06-03T14:52:43.794845+00:00",
  "updated_at": "2026-06-03T14:52:43.794845+00:00",
  "markets": [
    {
      "market_id": "CM-MKT-TJSZ4HL350",
      "event_id": "CM-EVT-WL6DTZN086",
      "platform": "polymarket",
      "platform_market_id": "0x28f262f83978e0a29a25a36ac81a99990abcc8246f6fd349736d01eaa48fd20a",
      "question": "Will Venezuelan crude oil production reach 1.7m barrels per day in 2026?",
      "description": "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.\n\nThe 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.\n\nT",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "OPEC Monthly Oil Market Report publishes Venezuelan crude oil production in Table 5-7, with resolution requiring production ≥1 million barrels per day for any month in 2026.",
      "close_at": "2027-02-28T00:00:00Z",
      "resolve_at": "2027-02-28T00:00:00Z",
      "status": "open",
      "resolution": {
        "rules_raw": "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.\n\nThe 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.\n\nThis 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”.\n\nThe 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.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": "opec.org",
        "source_status": "platform_named",
        "source_citation": "https://www.opec.org/monthly-oil-market-report.html",
        "sources": null,
        "source_of_record": null,
        "source_mechanism": null,
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "B",
        "score": 65,
        "caps": [],
        "applied_factors": 6
      },
      "last_price": 0.027,
      "implied_probability": 0.027,
      "volume_24h_usd": 0,
      "volume_total_usd": 58504.97975199999,
      "settlement_style": "terminal",
      "direction": "above",
      "threshold": 1700000,
      "question_id": "CMX-C04D94BFBE",
      "also_on": null,
      "tags": [
        "energy",
        "oil",
        "venezuela",
        "venezuelan crude oil"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-8WK6JZ13R1",
      "event_id": "CM-EVT-WL6DTZN086",
      "platform": "polymarket",
      "platform_market_id": "0x294517aabac969add6c08806c376d4f89c248c04ddc5232e3a0a18ac41ccf834",
      "question": "Will Venezuelan crude oil production reach 2m barrels per day in 2026?",
      "description": "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.\n\nThe 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.\n\nT",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "OPEC Monthly Oil Market Report publishes Venezuelan crude oil production in Table 5-7, with resolution requiring production ≥1 million barrels per day for any month in 2026.",
      "close_at": "2027-02-28T00:00:00Z",
      "resolve_at": "2027-02-28T00:00:00Z",
      "status": "open",
      "resolution": {
        "rules_raw": "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.\n\nThe 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.\n\nThis 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”.\n\nThe 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.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": "opec.org",
        "source_status": "platform_named",
        "source_citation": "https://www.opec.org/monthly-oil-market-report.html",
        "sources": null,
        "source_of_record": null,
        "source_mechanism": null,
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "B",
        "score": 65,
        "caps": [],
        "applied_factors": 6
      },
      "last_price": 0.052,
      "implied_probability": 0.052,
      "volume_24h_usd": 0,
      "volume_total_usd": 15319.651193999995,
      "settlement_style": "terminal",
      "direction": "above",
      "threshold": 2000000,
      "question_id": "CMX-9B6A88B954",
      "also_on": null,
      "tags": [
        "energy",
        "oil",
        "venezuela",
        "venezuelan crude oil"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-68PB6P67W2",
      "event_id": "CM-EVT-WL6DTZN086",
      "platform": "polymarket",
      "platform_market_id": "0x49c778d7b068e7d031b272b2660d829448f7d1e17cecf792416cba15cac56431",
      "question": "Will Venezuelan crude oil production reach 1m barrels per day in 2026?",
      "description": "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.\n\nThe 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.\n\nT",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "OPEC Monthly Oil Market Report publishes Venezuelan crude oil production in Table 5-7, with resolution requiring production ≥1 million barrels per day for any month in 2026.",
      "close_at": "2027-02-28T00:00:00Z",
      "resolve_at": "2027-02-28T00:00:00Z",
      "status": "resolved",
      "resolution": {
        "rules_raw": "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.\n\nThe 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.\n\nThis 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”.\n\nThe 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.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": "opec.org",
        "source_status": "platform_named",
        "source_citation": "https://www.opec.org/monthly-oil-market-report.html",
        "sources": null,
        "source_of_record": null,
        "source_mechanism": null,
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "B",
        "score": 65,
        "caps": [],
        "applied_factors": 6
      },
      "last_price": 1,
      "implied_probability": 1,
      "volume_24h_usd": null,
      "volume_total_usd": 39077.33683000001,
      "settlement_style": "terminal",
      "direction": "above",
      "threshold": 1000000,
      "question_id": "CMX-26CB737A63",
      "also_on": null,
      "tags": [
        "energy",
        "oil",
        "venezuela",
        "venezuelan crude oil"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-416JNQ4025",
      "event_id": "CM-EVT-WL6DTZN086",
      "platform": "polymarket",
      "platform_market_id": "0x0ade700b2236988fe36cd542748df50f58b241562b51ecdc6e28d8161eaf0652",
      "question": "Will Venezuelan crude oil production reach 1.2m barrels per day in 2026?",
      "description": "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.\n\nThe 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.\n\nT",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "OPEC Monthly Oil Market Report publishes Venezuelan crude oil production in Table 5-7, with resolution requiring production ≥1 million barrels per day for any month in 2026.",
      "close_at": "2027-02-28T00:00:00Z",
      "resolve_at": "2027-02-28T00:00:00Z",
      "status": "open",
      "resolution": {
        "rules_raw": "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.\n\nThe 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.\n\nThis 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”.\n\nThe 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.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": "opec.org",
        "source_status": "platform_named",
        "source_citation": "https://www.opec.org/monthly-oil-market-report.html",
        "sources": null,
        "source_of_record": null,
        "source_mechanism": null,
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "B",
        "score": 65,
        "caps": [],
        "applied_factors": 6
      },
      "last_price": 0.67,
      "implied_probability": 0.67,
      "volume_24h_usd": 14.925372,
      "volume_total_usd": 10181.746486000005,
      "settlement_style": "terminal",
      "direction": "above",
      "threshold": 1200000,
      "question_id": "CMX-EC7B8640AF",
      "also_on": null,
      "tags": [
        "energy",
        "oil",
        "venezuela",
        "venezuelan crude oil"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-LZVK4T3D61",
      "event_id": "CM-EVT-WL6DTZN086",
      "platform": "polymarket",
      "platform_market_id": "0xf0904ab7e7487a656dda050756cfdbdb0a9a4bd9bed24d6d7cf85c3b349e825c",
      "question": "Will Venezuelan crude oil production reach 1.5m barrels per day in 2026?",
      "description": "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.\n\nThe 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.\n\nT",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "OPEC Monthly Oil Market Report publishes Venezuelan crude oil production in Table 5-7, with resolution requiring production ≥1 million barrels per day for any month in 2026.",
      "close_at": "2027-02-28T00:00:00Z",
      "resolve_at": "2027-02-28T00:00:00Z",
      "status": "open",
      "resolution": {
        "rules_raw": "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.\n\nThe 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.\n\nThis 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”.\n\nThe 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.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": "opec.org",
        "source_status": "platform_named",
        "source_citation": "https://www.opec.org/monthly-oil-market-report.html",
        "sources": null,
        "source_of_record": null,
        "source_mechanism": null,
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "B",
        "score": 65,
        "caps": [],
        "applied_factors": 6
      },
      "last_price": 0.07,
      "implied_probability": 0.07,
      "volume_24h_usd": 0,
      "volume_total_usd": 8869.394752999997,
      "settlement_style": "terminal",
      "direction": "above",
      "threshold": 1500000,
      "question_id": "CMX-504E49C351",
      "also_on": null,
      "tags": [
        "energy",
        "oil",
        "venezuela",
        "venezuelan crude oil"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-3BFWDX6DL9",
      "event_id": "CM-EVT-WL6DTZN086",
      "platform": "polymarket",
      "platform_market_id": "0x100207711a0d1ede324bf62d3ba060e2e222cdd58eb480a3b36a22fae0348113",
      "question": "Will Venezuelan crude oil production reach 1.1m barrels per day in 2026?",
      "description": "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.\n\nThe 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.\n\nT",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "OPEC Monthly Oil Market Report publishes Venezuelan crude oil production in Table 5-7, with resolution requiring production ≥1 million barrels per day for any month in 2026.",
      "close_at": "2027-02-28T00:00:00Z",
      "resolve_at": "2027-02-28T00:00:00Z",
      "status": "open",
      "resolution": {
        "rules_raw": "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.\n\nThe 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.\n\nThis 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”.\n\nThe 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.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": "opec.org",
        "source_status": "platform_named",
        "source_citation": "https://www.opec.org/monthly-oil-market-report.html",
        "sources": null,
        "source_of_record": null,
        "source_mechanism": null,
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "B",
        "score": 65,
        "caps": [],
        "applied_factors": 6
      },
      "last_price": 0.806,
      "implied_probability": 0.806,
      "volume_24h_usd": 4,
      "volume_total_usd": 16741.644090000016,
      "settlement_style": "terminal",
      "direction": "above",
      "threshold": 1100000,
      "question_id": "CMX-841B8A4D4E",
      "also_on": null,
      "tags": [
        "energy",
        "oil",
        "venezuela",
        "venezuelan crude oil"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-QLDMDLR510",
      "event_id": "CM-EVT-WL6DTZN086",
      "platform": "polymarket",
      "platform_market_id": "0x59bb2cc4b116c5137e858222c867638bcd78b236db7656adf93114fcdf62b902",
      "question": "Will Venezuelan crude oil production reach 1.3m barrels per day in 2026?",
      "description": "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.\n\nThe 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.\n\nT",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "OPEC Monthly Oil Market Report publishes Venezuelan crude oil production in Table 5-7, with resolution requiring production ≥1 million barrels per day for any month in 2026.",
      "close_at": "2027-02-28T00:00:00Z",
      "resolve_at": "2027-02-28T00:00:00Z",
      "status": "open",
      "resolution": {
        "rules_raw": "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.\n\nThe 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.\n\nThis 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”.\n\nThe 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.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": "opec.org",
        "source_status": "platform_named",
        "source_citation": "https://www.opec.org/monthly-oil-market-report.html",
        "sources": null,
        "source_of_record": null,
        "source_mechanism": null,
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "B",
        "score": 65,
        "caps": [],
        "applied_factors": 6
      },
      "last_price": 0.38,
      "implied_probability": 0.38,
      "volume_24h_usd": 0,
      "volume_total_usd": 7425.534495999996,
      "settlement_style": "terminal",
      "direction": "above",
      "threshold": 1300000,
      "question_id": "CMX-9EC87AD0E9",
      "also_on": null,
      "tags": [
        "energy",
        "oil",
        "venezuela",
        "venezuelan crude oil"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-7JVRBLV141",
      "event_id": "CM-EVT-WL6DTZN086",
      "platform": "polymarket",
      "platform_market_id": "0x50b1af573a5f1ec560b16fe03c54ed6f82f8c19f12105bfabbea99bbf30130d1",
      "question": "Will Venezuelan crude oil production reach 1.4m barrels per day in 2026?",
      "description": "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.\n\nThe 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.\n\nT",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "OPEC Monthly Oil Market Report publishes Venezuelan crude oil production in Table 5-7, with resolution requiring production ≥1 million barrels per day for any month in 2026.",
      "close_at": "2027-02-28T00:00:00Z",
      "resolve_at": "2027-02-28T00:00:00Z",
      "status": "open",
      "resolution": {
        "rules_raw": "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.\n\nThe 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.\n\nThis 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”.\n\nThe 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.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": "opec.org",
        "source_status": "platform_named",
        "source_citation": "https://www.opec.org/monthly-oil-market-report.html",
        "sources": null,
        "source_of_record": null,
        "source_mechanism": null,
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "B",
        "score": 65,
        "caps": [],
        "applied_factors": 6
      },
      "last_price": 0.1,
      "implied_probability": 0.1,
      "volume_24h_usd": 0,
      "volume_total_usd": 17919.21722199998,
      "settlement_style": "terminal",
      "direction": "above",
      "threshold": 1400000,
      "question_id": "CMX-BE6A9459C4",
      "also_on": null,
      "tags": [
        "energy",
        "oil",
        "venezuela",
        "venezuelan crude oil"
      ],
      "eligibility_screens": null
    }
  ],
  "resolution_log": [
    {
      "market_id": "CM-MKT-68PB6P67W2",
      "platform": "polymarket",
      "outcome": "YES",
      "resolved_at": "2027-02-28T00:00:00Z",
      "final_price": 1,
      "recorded_at": "2026-07-06",
      "source": "platform_api",
      "source_ref": null
    }
  ],
  "_provenance": {
    "source": "clearmarket.fyi",
    "ref": "CM-EVT-WL6DTZN086",
    "terms": "Attribution required. clearmarket.fyi"
  }
}