PurposeNon‐invasive measurement of cerebral venous oxygenation (Yv) is of critical importance in brain diseases. The present work proposed a fast method to quantify regional Yv map for both large and small veins.MethodsA new sequence was developed, referred to as TRU‐VERA (T2 relaxation under velocity encoding and rapid acquisition, which isolates blood spins from static tissue with velocity‐encoding preparation, modulates the T2 weighting of venous signal with T2‐preparation and utilizes a bSSFP readout to achieve fast acquisition with high resolution. The sequence was first optimized to achieve best sensitivity for both large and small veins, and then validated with TRUST (T2 relaxation under spin tagging), TRUPC (T2 relaxation under phase contrast), and accelerated TRUPC MRI. Regional difference of Yv was evaluated, and test–retest reproducibility was examined.ResultsOptimal Venc was determined to be 3 cm/s, while recovery time and balanced SSFP flip angle within reasonable range had minimal effect on SNR efficiency. Venous T2 measured with TRU‐VERA was highly correlated with T2 from TRUST (R2 = 0.90), and a conversion equation was established for further calibration to Yv. TRU‐VERA sequences showed consistent Yv estimation with TRUPC (R2 = 0.64) and accelerated TRUPC (R2 = 0.79). Coefficient of variation was 0.84% for large veins and 2.49% for small veins, suggesting an excellent test–retest reproducibility.ConclusionThe proposed TRU‐VERA sequence is a promising method for vessel‐specific oxygenation assessment.