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OPEC Meeting / Bali #246150

CBS Evening News for Thursday, May 27, 1976
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(Studio) OPEC (Organization of Petroleum Exporting Countries) mins. meeting at Bali to discuss oil prices after July 1.
REPORTER: Walter Cronkite

(Bali, Indonesia) Tight security employed at OPEC (Organization of Petroleum Exporting Countries) meeting Mins. split over when to raise prices. Iran Interior Min. Jamshid Amouzegar wants to raise money for development schemes. Saudi Arabia Oil Min. Sheik Ahmed Zaki Yamani says he's against price rise until end of year Speculated Yamani might agree to small increase of 5%.
REPORTER: Peter Collins

Reporter(s):
Collins, Peter;
Cronkite, Walter
Duration:
00:01:50

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