Executives Attend Sold-Out Oil and Gas Conference in Venezuela

The story so far

1 publisher has covered this in 1 article since 29 Sept 2026. Bloomberg Markets published first, on 29 September at 18:12 UTC.

2 prediction markets price this story:

• Shell — the market puts it at 58%, closing 1 Jan 2027. The market resolves to Yes if Shell or its controlled affiliate signs a binding agreement granting an enforceable upstream crude-oil economic participation right in Venezuela before January 1, 2027. Otherwise, it resolves to No. Readers often mistake the signing date for the resolution deadline, but the agreement must be executed prior to that specific date.
• At least 1.1M bpd — the market puts it at 59%, closing 13 Oct 2026. The market resolves to Yes if Venezuela’s average daily crude oil production for September reaches at least 1.1 million barrels per day. The resolution depends on data in the OPEC Monthly Oil Market Report published after that month.

Odds are the market's probability that the outcome happens, updated every few minutes. They are information about what traders expect, not a forecast we make and not investment advice.