The U.S. has stopped oil extraction from its Strategic Petroleum Reserve for the first time due to conflicts with Iran. Meanwhile, the Department of Energy approved 4 million barrels of additional oil, and BP's Azeri Deepwater Reservoir project reached 11.8 million tons. Oil markets are monitoring production levels, exports, and reserve activities following Hurricane impact. Bacalhau celebrated its anniversary of production, while Petrobras signed to partnerships for Berbigão and Sururu joint projects.