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Oil Prices #549172

NBC Evening News for Tuesday, Mar 04, 1986
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(Studio: Tom Brokaw) Contd. slump in international oil prices as result of OPEC disunity reviewed; prices since November graphed on screen.

(NYC: Mike Jensen) Implications of oil price decline for United States consumer, especially for gasoline, examined. [Analyst Dan LUNDBERG, MOTORISTS - discuss situation.] [Commodities trader Joel FABER - describes traders' panic.] [Analyst Edward DELLAMONTE - predicts further drop in gasoline prices.] OPEC (Organization of Petroleum Exporting Countries) noted scheduling emergency meeting soon.

(Studio: Tom Brokaw, Mike Jensen) OPEC's role in situation reviewed, especially Saudi Arabia.

Reporter(s):
Brokaw, Tom;
Jensen, Mike
Duration:
00:03:10

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