U.S. Offers 40M SPR Barrels in Final IEA Exchange

September 29th 2026
The U.S. Energy Department is offering another 40 million barrels from the Strategic Petroleum Reserve as Washington completes its share of a coordinated international emergency oil release.- Shell Approves LNG Canada Phase 2 to Double Export Capacity
- Russia Dominates India’s Crude Oil Imports in September Amid US Tariff Threats
- Russian oil supply to India tightens on reduced exports, strong Chinese demand
- European Gas Rises as Traders Watch for Further Talks on Hormuz
- Oil Prices Reverse Gains as Gulf Exports Recover
- Egypt Signals Opposition to BP’s Proposed Asset Sale to Energean
- BSR Reaches Agreement with ExxonMobil to Expand Crude Oil Supply Network
- Iraq Oil Exports Recover as Discounts Draw Major Buyers
- Petrosannan Exceeds FY 2025/26 Natural Gas Production Targets by 36%


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