Search the Archive

Nigeria / Oil Price War #528700

NBC Evening News for Sunday, Feb 20, 1983
View other clips in this broadcast →

Material supplied by VTNA may be used for educational analysis or research only. Any editing, reproduction, publication, rebroadcast, public showing or public display may be prohibited by copyright laws. For any such use, please visit NBC NEWS Archives XPRESS.

(Studio) Nigeria reported breaking ranks with OPEC (Organization of Petroleum Exporting Countries) to lower oil prices.
REPORTER: Chris Wallace

(DC) Nigeria's economy need to cut prices examined; recent expulsion of Ghanian workers due to economy recalled. [Courtesy "This Wk.", Secretary of State George SHULTZ - notes benefits in general for oil price war.] Saudi Arabia and allies mentioned mtg. to plan alternative to OPEC (Organization of Petroleum Exporting Countries) price war. [Ind. analyst Dan LUNDBERG - thinks Saudis will succeed.] Fin. implications for United States bankers of rapid drop in OPEC (Organization of Petroleum Exporting Countries) prices noted.
REPORTER: Lee McCarthy

Reporter(s):
McCarthy, Lee;
Wallace, Chris
Duration:
00:01:40

Note to sponsor members: The Vanderbilt Television News Archive video player requires a modern operating system and browser to work properly. If you are experiencing playback problems, check the minimum requirements and adjust your setup accordingly. After adjustments, if you continue to experience problems, please contact us.

Welcome! Above is the abstract of the item that you're interested in viewing from the Vanderbilt Television News Archive's collection. You have three options if you'd like to view this item:

  • You may request a loan of this video by registering on our website and placing an order.
  • You may visit the Television News Archive on the Vanderbilt campus to view on-site from the Archive's collection.
  • If you are associated with a college or university, you may ask your library if they would like to become a sponsor, which would give students and faculty at your institution the ability to view items from our collection.

If you believe that you are associated with a sponsoring college or university and have received this message in error, please let us know.