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OPEC #282760

CBS Evening News for Saturday, Mar 20, 1982
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(Studio) Ending of OPEC (Organization of Petroleum Exporting Countries) meeting with agreement to cut oil product but not basic price reported.
REPORTER: Lesley Stahl

(Vienna, Austria) Scenes of meeting shown. [Shiek Ahmed Zaki al-YAMANI - explains why he does not favor price cut.] OPEC (Organization of Petroleum Exporting Countries) said under pressure to cut prices and product Oil glut noted. Possible collapse of OPEC (Organization of Petroleum Exporting Countries) considered. [United Arab Emirates Manae Said al-OTEIBA - comments on actions.] Doubts with regard to final outcome of situation noted.
REPORTER: Tom Fenton

Fenton, Tom;
Stahl, Lesley

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