Skip to main content
Up to 53% offSee the plans

News | Commodity | Iran

Iran Oil Ministry Reports Liquid-Fuel Stocks Built Up for Power Plants Ahead of Winter

Sahmino Newsroom | 3 November 2026 | 12 days ago

Hamid Bord, Iran's acting oil minister, said during a visit to the damaged Rey oil depot on Tuesday, November 3, 2026 that more than 3 billion litres of liquid fuel have been stockpiled for distribution to power plants during the cold season. The Oil Ministry released his remarks; the number is the reported volume in storage, not the amount already delivered to power stations.

Archive photo | Source: Mehr News

Bord said the ministry is also pursuing plans to manage gasoline and diesel consumption and called for lower gas use in winter. Liquid-fuel stocks, together with gas supply, matter for power plants during peak-demand months, but the report offers no quantity for future deliveries or any guarantee of uninterrupted electricity.

Sahmino context

What the prices have done since this story was published, and what Sahmino wrote around it

Over the same days, Brent Crude fell 7.5 percent, to 96.55 dollars.

Over the same days, Gold ounce fell 1.0 percent, to 3,884 dollars.

Brent Crude
−7.5%
Gold ounce
−1.0%

Prices to the close of 13 November

More from this market