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OPEN INTEREST:
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405,232
Markets across
30,526
events
MATCHED EVENTS:
2,693
PLATFORM COVERAGE:
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61%
Closed: Jun 10, 8:00 PM EST
Polymarket
This market tracks whether OPEC's crude oil production will exceed 18 million barrels per day during May 2026. On Polymarket, the probability of production surpassing this threshold stands at 18.5%, while the probability of exceeding 19 million barrels per day is 14.0%. Resolution will be determined by the Total OPEC crude oil production figure reported in the June 2026 OPEC Monthly Oil Market Report, published by OPEC and scheduled for release on June 11, 2026. Watch for the official report publication on June 11, 2026, which will contain the definitive May production data needed to settle this market.
This market will resolve to “Yes” if OPEC crude oil production (barrels per day) for the month of May, 2026, as reported in the June 2026 OPEC Monthly Oil Market Report, is above the listed amount. Otherwise, this market will resolve to “No”. The June 2026 OPEC Monthly Oil Market Report is scheduled to be published on June 11, 2026 The relevant figure is the Total OPEC crude oil production for the month of May 2026, as reported by secondary sources. This figure is typically published in thousands of barrels per day in the row labeled “Total OPEC” of Table 5-7 of the OPEC Monthly Oil Market Report (DoC crude oil production based on secondary sources, tb/d). The figure will be converted to barrels per day for resolution. Crude oil production for non-OPEC (including OPEC+) countries will not be considered. If the OPEC Monthly Oil Market Report for June 2026 is not released by June 30, 2026, 11:59PM ET, or if it is released and the relevant data is not included, this market will resolve to “No”. The resolution source for this market will be the June 2026 OPEC Monthly Oil Market Report, typically published at https://www.opec.org/monthly-oil-market-report.html. Note: this market’s resolution source publishes crude oil production in thousands of barrels per day. Thus, this is the level of specificity that will be used to resolve this market.
Prediction market odds on Polymarket reflect real-money trader expectations and differ from traditional polling or analyst forecasts. While polls and energy analysts may project OPEC production based on stated quotas and geopolitical factors, prediction markets incorporate live trading signals from participants with financial incentive to forecast accurately. Comparing market-implied probabilities to consensus analyst views reveals whether traders are pricing in higher or lower production risk than conventional forecasts suggest, highlighting where market participants see asymmetric information or disagreement with mainstream expectations.
The market resolves on Jun 11, 2026. Resolution is determined by official OPEC production data for May, which is typically published in monthly reports released weeks after month-end. The outcome hinges on whether aggregate OPEC crude oil production meets or exceeds the 21 million barrels per day threshold during the May measurement period. Traders should monitor OPEC communications, member-state compliance reports, and energy agency assessments leading up to the resolution date to anticipate the final data release.
Key catalysts include OPEC policy meetings and production quota decisions, which directly influence member commitments. Geopolitical tensions affecting major producers—such as sanctions, conflicts, or supply disruptions in the Middle East or Africa—can force production cuts or increases. Global oil demand forecasts and price movements may prompt OPEC to adjust output strategically. Compliance reports from individual members reveal actual versus pledged production, signaling whether the 21 million barrel threshold is likely. Energy agency reports from the IEA and EIA also shape trader expectations by revising production estimates based on latest field data.