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Venezuelan oil added to Strategic Petroleum Reserve by... Odds

Polymarket traders give No a 94% chance.

Polymarket Volume $13.2K 24h $34 Liquidity $11.8K Ends Jan 1, 2027 Updated Nov 8, 7:30 AM EST
OutcomeChanceOdds24h
Yes
6% +1567 ▼ 1
No
94% -1567 ▲ 2

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Price history

0% 25% 50% 75% 100% Nov 3 Nov 4
December 31

Resolution rules

On August 28, 2026, the United States and Venezuela announced an oil deal granting the United States access to Venezuela's crude oil reserves. This market will resolve to "Yes" if any amount of Venezuelan oil acquired under this agreement is deposited into the United States Strategic Petroleum Reserve (SPR) by the specified date, 11:59 PM ET. Otherwise, this market will resolve to "No". A qualifying deposit must be confirmed to have been received at a US SPR storage facility and to have been sourced from Venezuela under the referenced agreement or a successor US-Venezuela oil deal. Announcements of plans or intentions to deposit Venezuelan oil into the SPR will not qualify. The deposit must be confirmed by the specified date, 11:59 PM ET. The resolution sources for this market will be official information from the government of the United States and a consensus of credible reporting.

Source: Polymarket. The venue's rules are final.

FAQ

What are the odds of "Venezuelan oil added to Strategic Petroleum Reserve by..."?

As of Nov 8, 7:30 AM EST, traders on Polymarket price No at 94%, about -1567 in American odds. Prices move with every trade.

How are prediction market odds calculated?

Each contract pays $1 if the outcome happens and $0 if it doesn't, so its price is the market's implied probability: a 60¢ contract means roughly a 60% chance. We show the last trade, or the midpoint between the best bid and ask when the order book is tight.

When does this market close?

Polymarket lists Jan 1, 2027 as the end date. It can close earlier if the outcome is decided.

Where can I trade on Venezuelan oil added to Strategic Petroleum Reserve by...?

This market trades on Polymarket. Availability depends on where you live: Kalshi is a CFTC-regulated US exchange, while Polymarket's international site isn't available to US users (Polymarket US is a separate app). You must be 18 or older.