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OPEC Conference #517002

NBC Evening News for Tuesday, May 26, 1981
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(Studio) OPEC (Organization of Petroleum Exporting Countries) reported freezing prices and cutting product; details given.
REPORTER: John Chancellor

(Geneva, Switzerland) [Secretary general Rene ORTIZ - announces product cut.] [OPEC (Organization of Petroleum Exporting Countries) president SUBROTO - notes significance of decision.] Role of Saudi Sheik Abmed Zaki al-Yamani in pressing issue reported; positions of various ntns. listed. Understanding of Venezuelan minister Humberto Calderon Berti with regard to Saudi Arabia's intentions noted.
REPORTER: Mike Jensen

(Studio) Impact of OPEC (Organization of Petroleum Exporting Countries) conference on Dow Jones average reported.
REPORTER: John Chancellor

Chancellor, John;
Jensen, Mike

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