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Economy: Oil Prices / Stock Market / OPEC #576948

NBC Evening News for Monday, Aug 27, 1990
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(Studio: Tom Brokaw) News of possible negotiations in Middle East reported causing crude oil prices to fall. "Stock Market Report". Report introduced.

(New York: Mike Jensen) Stock market "peace bounce" examined; details outlined on screen; scenes shown of oil traders at Mercantile Exchange and from arrival of OPEC (Organization of Petroleum Exporting Countries) oil ministers in Vienna, Austria. [Kuwaiti finance minister Ali al-Khalifa al-SABAH - talks about raising production.] Saudi Arabia, Venezuela and United Arab Emirates noted expected to begin selling more oil regardless of OPEC (Organization of Petroleum Exporting Countries) decision.

Brokaw, Tom;
Jensen, Mike

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