Recent US-Venezuela energy agreements granting American interests stakes in 65 billion barrels of proven reserves have emerged as the main catalyst shaping trader views on Venezuelan crude entering the Strategic Petroleum Reserve. The SPR sits near a 44-year low at roughly 290 million barrels after large releases tied to the Iran conflict, prompting administration statements that Venezuelan volumes could support refilling via swaps rather than direct storage. Heavy, high-sulfur Venezuelan grades are incompatible with existing salt caverns designed for lighter crude, so Gulf Coast refineries would process incoming barrels while equivalent US light or medium grades enter the reserve. Production currently hovers around 1.25 million barrels per day, with ramp-up timelines and infrastructure constraints likely extending any material impact beyond the near term. Key near-term developments include Energy Department implementation details and output growth from the 17 newly concessioned fields.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · UpdatedNEW
Sep 30, 2026
September 30
3%
December 31
25%
$856 Vol.
September 30
$856 Vol.
3%
December 31
$0 Vol.
25%
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.Recent US-Venezuela energy agreements granting American interests stakes in 65 billion barrels of proven reserves have emerged as the main catalyst shaping trader views on Venezuelan crude entering the Strategic Petroleum Reserve. The SPR sits near a 44-year low at roughly 290 million barrels after large releases tied to the Iran conflict, prompting administration statements that Venezuelan volumes could support refilling via swaps rather than direct storage. Heavy, high-sulfur Venezuelan grades are incompatible with existing salt caverns designed for lighter crude, so Gulf Coast refineries would process incoming barrels while equivalent US light or medium grades enter the reserve. Production currently hovers around 1.25 million barrels per day, with ramp-up timelines and infrastructure constraints likely extending any material impact beyond the near term. Key near-term developments include Energy Department implementation details and output growth from the 17 newly concessioned fields.
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.
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.
Market Opened: Sep 2, 2026, 2:16 PM ET
Volume
$856End Date
Jan 1, 2027Market Opened
Sep 2, 2026, 2:16 PM ETResolver
0x65070BE91...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.Recent US-Venezuela energy agreements granting American interests stakes in 65 billion barrels of proven reserves have emerged as the main catalyst shaping trader views on Venezuelan crude entering the Strategic Petroleum Reserve. The SPR sits near a 44-year low at roughly 290 million barrels after large releases tied to the Iran conflict, prompting administration statements that Venezuelan volumes could support refilling via swaps rather than direct storage. Heavy, high-sulfur Venezuelan grades are incompatible with existing salt caverns designed for lighter crude, so Gulf Coast refineries would process incoming barrels while equivalent US light or medium grades enter the reserve. Production currently hovers around 1.25 million barrels per day, with ramp-up timelines and infrastructure constraints likely extending any material impact beyond the near term. Key near-term developments include Energy Department implementation details and output growth from the 17 newly concessioned fields.
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.
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.
Volume
$856End Date
Jan 1, 2027Market Opened
Sep 2, 2026, 2:16 PM ETResolver
0x65070BE91...Recent US-Venezuela energy agreements granting American interests stakes in 65 billion barrels of proven reserves have emerged as the main catalyst shaping trader views on Venezuelan crude entering the Strategic Petroleum Reserve. The SPR sits near a 44-year low at roughly 290 million barrels after large releases tied to the Iran conflict, prompting administration statements that Venezuelan volumes could support refilling via swaps rather than direct storage. Heavy, high-sulfur Venezuelan grades are incompatible with existing salt caverns designed for lighter crude, so Gulf Coast refineries would process incoming barrels while equivalent US light or medium grades enter the reserve. Production currently hovers around 1.25 million barrels per day, with ramp-up timelines and infrastructure constraints likely extending any material impact beyond the near term. Key near-term developments include Energy Department implementation details and output growth from the 17 newly concessioned fields.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated
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