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OPEC #504918

NBC Evening News for Thursday, Jun 28, 1979
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(Studio) Details given of latest OPEC (Organization of Petroleum Exporting Countries) oil price increase
REPORTER: John Chancellor

(Geneva, Switzerland) Dual price system agreed upon at OPEC (Organization of Petroleum Exporting Countries) meeting outlined; international economy impact of decision examined. [Saudi oil minister Sheik Ahmed Zaki YAMANI - comments.] Rel. between oil consumption of industry ntns., especially United States, and prices stated; amount expected to be realized by OPEC (Organization of Petroleum Exporting Countries) countries by today's increase noted. [YAMANI - discusses United States consumPtion.] OPEC (Organization of Petroleum Exporting Countries) noted meeting again in December
REPORTER: Mike Jensen

Chancellor, John;
Jensen, Mike

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