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OPEC Conference #526530

NBC Evening News for Monday, Jan 24, 1983
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(Studio) Inability of OPEC (Organization of Petroleum Exporting Countries) members to reach agreement on product and price levels at emergency meeting in Geneva reported.
REPORTER: Tom Brokaw

(Geneva, Switzerland) [Sheik Ahmed Zaki YAMANI - considers meeting a complete failure.] Issues not agreed upon listed on screen. [YAMANI - threatens to lower Saudi oil prices due to undercutting by member ntns.] Implications of OPEC (Organization of Petroleum Exporting Countries) discord for consumers noted.
REPORTER: Mike Jensen

(Studio) Wall Street's concern that OPEC (Organization of Petroleum Exporting Countries) disunity will result in ntns. such as Mexico and Venezuela being unable to meet international debts noted; impact on STK. MKT. REPORT cited.
REPORTER: Tom Brokaw

Brokaw, Tom;
Jensen, Mike

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