**The primary driver is the Trump administration's late-August 2026 deal granting U.S. interests majority control over 65 billion barrels of Venezuelan reserves, paired with the SPR's drawdown to roughly 287 million barrels (about 40% of 714 million capacity) after Iran-related releases.** President Trump publicly tied future Venezuelan output to SPR replenishment, with officials citing possible deliveries as early as November via swaps of heavy, high-sulfur Venezuelan crude for lighter U.S. grades compatible with salt-cavern storage. Energy Secretary Wright has outlined this exchange approach, noting direct storage of Venezuelan grades is impractical. However, analysts emphasize that meaningful production ramps require years of investment and infrastructure work, with current Venezuelan output near 1.25 million barrels per day. These dynamics create uncertainty around near-term addition timelines despite the policy intent, as markets weigh execution risks against SPR refill needs.
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
15%
$1,910 Vol.
September 30
$856 Vol.
3%
December 31
$1,053 Vol.
15%
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.**The primary driver is the Trump administration's late-August 2026 deal granting U.S. interests majority control over 65 billion barrels of Venezuelan reserves, paired with the SPR's drawdown to roughly 287 million barrels (about 40% of 714 million capacity) after Iran-related releases.** President Trump publicly tied future Venezuelan output to SPR replenishment, with officials citing possible deliveries as early as November via swaps of heavy, high-sulfur Venezuelan crude for lighter U.S. grades compatible with salt-cavern storage. Energy Secretary Wright has outlined this exchange approach, noting direct storage of Venezuelan grades is impractical. However, analysts emphasize that meaningful production ramps require years of investment and infrastructure work, with current Venezuelan output near 1.25 million barrels per day. These dynamics create uncertainty around near-term addition timelines despite the policy intent, as markets weigh execution risks against SPR refill needs.
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
$1,910End 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.**The primary driver is the Trump administration's late-August 2026 deal granting U.S. interests majority control over 65 billion barrels of Venezuelan reserves, paired with the SPR's drawdown to roughly 287 million barrels (about 40% of 714 million capacity) after Iran-related releases.** President Trump publicly tied future Venezuelan output to SPR replenishment, with officials citing possible deliveries as early as November via swaps of heavy, high-sulfur Venezuelan crude for lighter U.S. grades compatible with salt-cavern storage. Energy Secretary Wright has outlined this exchange approach, noting direct storage of Venezuelan grades is impractical. However, analysts emphasize that meaningful production ramps require years of investment and infrastructure work, with current Venezuelan output near 1.25 million barrels per day. These dynamics create uncertainty around near-term addition timelines despite the policy intent, as markets weigh execution risks against SPR refill needs.
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
$1,910End Date
Jan 1, 2027Market Opened
Sep 2, 2026, 2:16 PM ETResolver
0x65070BE91...**The primary driver is the Trump administration's late-August 2026 deal granting U.S. interests majority control over 65 billion barrels of Venezuelan reserves, paired with the SPR's drawdown to roughly 287 million barrels (about 40% of 714 million capacity) after Iran-related releases.** President Trump publicly tied future Venezuelan output to SPR replenishment, with officials citing possible deliveries as early as November via swaps of heavy, high-sulfur Venezuelan crude for lighter U.S. grades compatible with salt-cavern storage. Energy Secretary Wright has outlined this exchange approach, noting direct storage of Venezuelan grades is impractical. However, analysts emphasize that meaningful production ramps require years of investment and infrastructure work, with current Venezuelan output near 1.25 million barrels per day. These dynamics create uncertainty around near-term addition timelines despite the policy intent, as markets weigh execution risks against SPR refill needs.
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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