Fuel card company news: OPEC production increases
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10 March, 10 The Organization of Petroleum Exporting Countries (OPEC) pumped 29.31 million barrels of oil a day in February. This was an increase of 60,000 barrels a day from January's levels. Angola, Iraq, Qatar, Iran, the United Arab Emirates and Venezuela have had increases totalling 170,000 barrels a day, according to a Platts survey, although the increases were partly offset by decreases from Nigeria and Libya. OPEC ministers are due to meet on March 17th in Vienna to review the production agreement currently in place. John Kingston, Platts director of news, said: "With the price of oil at what many view to be a sweet spot now in the upper $70 (£47) to $80 per barrel range, OPEC has little appetite or need to make any changes." The Energy Information Administration has forecast OPEC will have export revenues of $767 billion (£513.1 billion) this year. Last year, OPEC earned $573 billion in net oil export revenues. Posted by Tammy Brooks 
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the fuelcard people
The fuelcard people is one of the largest independent agents of fuel cards in the UK
e-Services
With your Fuel Card account you can apply for access to our
online management system free of charge. This allows users to do the following:
online management system free of charge. This allows users to do the following:
- Access account online 24/7
- Stop cards
- Order new cards
- View transactional data
- Receive invoices and statements via e-mail
