Venezuela oil production >1 million barrels/day by Q1 2024?

PolymarketClosedCheck availabilityNo KYCVerified resolution dataWell calibrated

This market resolved: No

Resolved: Apr 11, 2024, 7:07 PM

Provider-verified resolution

CoinRithm has provider-backed winner and settlement-time evidence for this market.

Current implied probability

Market quality

15 / 100

Low quality

24h Volume

—

Liquidity

—

Liquidity unknown

Market data

Updated 180 days ago

Stale

Oct 20, 23, 4:56 PM UTCMar 31, 24, 12:00 AM UTC

Probability Timeline

Yes0%

No100%

Won

Yes

Lost

Rules

This market will resolve to "Yes" if the average daily oil production in Venezuela exceeds 1 million barrels per day in either Q4 2023 or Q1 2024.

Otherwise, this market will resolve to "No".
The values considered will be the barrels/day for both Q4 2023 and Q1 2024.
If either of these exceed 1 million barrels per day, this market will resolve to "Yes." Otherwise this market will resolve to "No."
The resolution source for this market will be direct communication data provided by OPEC, (e.g. https://www.opec.org/opec_web/en/publications/338.htm + https://www.opec.org/opec_web/static_files_project/media/downloads/publications/Addendum_October%20MOMR.pdf).
Any revisions made to the reported oil production after the initial data release will not impact the outcome of this market.

Open markets