NBC Evening News for Sunday, Sep 14, 1980
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(Studio) Problems presented to OPEC (Organization of Petroleum Exporting Countries) by current oil glut noted.
REPORTER: Jane Pauley
(Vienna, Austria) OPEC (Organization of Petroleum Exporting Countries) conference in Vienna, Austria, said concentrating on oil glut, beginning in Rotterdam, The Netherlands, spot market; background to situation given. Drop in spot market prices graphed on screen; positions of Saudi Arabia and others with regard to new prices outlined. [Former OPEC pres. Sheik Manae al-OTEIBA - comments.] OPEC's long-range plan reported.
REPORTER: Mike Jensen
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