The United Arab Emirates' recent announcement to exit OPEC and OPEC+ effective May 1, 2026, eliminates roughly 3.4 million barrels per day—about 15% of current OPEC capacity—from official group totals, exerting downward pressure on May crude oil production amid Strait of Hormuz disruptions and supply shortfalls from the Iran conflict that have already slashed regional output by up to 15 million bpd. On April 5, eight OPEC+ members agreed to raise quotas by a symbolic 206,000 bpd for May, extending phased reversal of 1.65 million bpd voluntary cuts implemented since April 2025. Traders monitor monthly conformity meetings, member compliance, and geopolitical risks for potential adjustments.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated
18 Million
73%

19 Million
67%

20 Million
40%

21 Million
30%
$669 Vol.

18 Million
73%

19 Million
67%

20 Million
40%

21 Million
30%
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.
Market Opened: Apr 28, 2026, 7:05 PM ET
Resolver
0x65070BE91...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.
Resolver
0x65070BE91...The United Arab Emirates' recent announcement to exit OPEC and OPEC+ effective May 1, 2026, eliminates roughly 3.4 million barrels per day—about 15% of current OPEC capacity—from official group totals, exerting downward pressure on May crude oil production amid Strait of Hormuz disruptions and supply shortfalls from the Iran conflict that have already slashed regional output by up to 15 million bpd. On April 5, eight OPEC+ members agreed to raise quotas by a symbolic 206,000 bpd for May, extending phased reversal of 1.65 million bpd voluntary cuts implemented since April 2025. Traders monitor monthly conformity meetings, member compliance, and geopolitical risks for potential adjustments.
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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