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OPEC Countries Meet #238781

CBS Evening News for Tuesday, Feb 25, 1975
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(Studio) OPEC (Organization of Petroleum Exporting Countries) mins. meet in Vienna. OPEC (Organization of Petroleum Exporting Countries) nations use dollar to value oil.
REPORTER: Walter Cronkite

(Vienna, Austria) Inflation and declining value of dollar adversely affect OPEC (Organization of Petroleum Exporting Countries) oil profits. Oil nations deeply divided; Saudi Arabian oil minister Ahmed Zaki al-Yamani expected to resist any price increase
REPORTER: Bill McLaughlin

(Rotterdam, Netherlands) Surplus of oil exists at Rotterdam port. Fuel consumption in West Europe down 7% this winter. Weather also affects use of home heating fuels; this winter very mild.
REPORTER: Bob McNamara

Cronkite, Walter;
McLaughlin, Bill;
McNamara, Bob

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