The U.S. has stopped oil extraction from its Strategic Petroleum Reserve for the first time due to tensions with Iran. Meanwhile, the DOE sanctioned 4 million barrels of additional oil, and BP's Azeri Deepwater Reservoir project achieved 11.8 million tons. Oil markets are watching production levels, exports, and reserve activities following Hurricane impact. Bacalhau marked its anniversary of production, while Petrobras agreed to deals for Berbigão and Sururu joint projects.