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(Studio: Garrick Utley) Efforts by OPEC (Organization of Petroleum Exporting Countries) to work out oil product agreement noted. Report introduced.
(London, England: Rick Davis) Disagreement between OPEC (Organization of Petroleum Exporting Countries) members Saudi Arabia and Iran over OPEC (Organization of Petroleum Exporting Countries) proposals featured; scenes shown from Vienna, Austria, meeting; details given of proposed agreement. [Iran delegate F. BARKESHLI - says whole deal is jeopardized.] [Oil analyst Philip ALGAR - explains Saudi position.] Agreement allowing both Iran and Iraq to produce same amount of oil outlined on screen; scenes shown from war between Iran-Iraq. [ALGAR - says amount of oil available will keep prices below what OPEC (Organization of Petroleum Exporting Countries) wants.]
(Studio: Garrick Utley) Deadlock at OPEC (Organization of Petroleum Exporting Countries) conference reported continuing.
- Davis, Rick;
- Utley, Garrick
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