Executives Attend Sold-Out Oil and Gas Conference in Venezuela
The event draws 650 foreign and local executives, government officials and diplomats to Caracas with over 150 more on the waiting list.
Headline and summary written by an AI model from the linked article; not reviewed by a person. How this was made
This story has stopped developing; this page is its permanent record. More from that day
The odds
Each tick is a source publishing on this story
Price data
| Time | Chance of yes |
|---|---|
| now | 58% |
| 27 Sept, 17:38 UTC | 58% |
| 22 Sept, 18:10 UTC | 68% |
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.
Sources
Every article we clustered into this story. Headlines link to the publisher.
Related prediction markets
Linked by software because they are about the same subject. Most ask a different question from the one this story reports, so read each market's own question. How often the link is right
- Kalshi Shell 58%
Does the market have this right?
Wrong market?
- Kalshi At least 1.1M bpd 59%
Does the market have this right?
Wrong market?
Have your say
Your call. How does this end?
Free, no money involved. Calls are scored against the market's price when you make them, so backing an underdog that wins scores most. Leaderboard · Your calls
Email me when the odds move
In this story
- Venezuela International Oil and Gas Summit