SimpleFunctions

1.5m · Will Venezuelan crude oil production reach __ barrels per day in 2026

1.5m is priced at 9¢ on Polymarket. Current book: 6¢ bid, 11¢ ask, 5¢ spread. This outcome ranks #5 of 7 inside Will Venezuelan crude oil production reach __ barrels per day in 2026?.

Price history

9¢ current

10¢20¢
May 9, 2026Jun 6, 2026

Contract brief

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.

Outcome

1.5m

Rank

#5 of 7

Leader

1.1m 94¢

Range

4¢-94¢

Family volume

$73K

Identifier

0xf0904ab7...825c

Jun 8, 2026, 7:38 AM UTC · 14m ago

Implied probability

9¢
Latest venue quote
Jun 8, 2026, 7:38 AM UTC · 14m ago

Bid

Ask

11¢

Spread

Reported volume

$8K

Family rank

#5 of 7

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

Closes

Feb 28, 2027

Family volume

$73K

Orderbook snapshot

6 / 11¢

Polymarket
5¢ spread
BidSize
100¢9
6¢16
5¢143
AskSize
11¢28
14¢159
15¢100
16¢100
28¢10
30¢30
57¢5
58¢15

Contract terms

What resolves this market.

YES condition

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.

Venue

Polymarket

Closes

Feb 28, 2027

Identifier

0xf0904ab7…825c

SF Signal
SF Index
309.82
Regime
neutral

Indicators

Yield, cliff risk, volatility, and regime.

IY (Yes)

1394.3%

IY (No)

13.6%

Adj IY

310%

CRI

10

Overround

1.6%

LAS

0.56

Regime

neutral

Score

0.5

Full indicator table

1394.3%
13.6%
Adj IY
310%
10
Overround
1.6%
LAS
0.56

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How we compute these odds

SimpleFunctions aggregates live prediction-market contracts from Kalshi and Polymarket. Each slug groups contracts that resolve on the same underlying event, identified by venue event_id.

For binary slugs, the headline probability is the liquidity-weighted mid-price across all bound contracts. For multi-outcome slugs (e.g. elections with 3+ candidates), the headline is the leader’s price; we never arithmetically average disjoint outcomes — that would produce a number with no real-world meaning.

Snapshots refresh every 5 minutes during market hours; daily aggregates are computed at 04:00 UTC. The 30-day sparkline is drawn from per-ticker daily means stored in market_indicator_daily; 24h delta and movement events are derived from the same source.