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OPEC Conference #73337

ABC Evening News for Friday, Aug 21, 1981
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(Studio) (Report interrupted by technical difficulty.)
REPORTER: Frank Reynolds

(Studio) Saudi Arabia, as gesture to other OPEC (Organization of Petroleum Exporting Countries) members meeting in Geneva, Switzerland, reported agreeing to reduce oil product; details given.
REPORTER: Tom Jarriel

(Geneva, Switzerland) Disunity of conference over unified price issue examined; films shown. [Saudi oil minister Sheik Ahmed Zaki al-YAMANI - notes premature announcement of agreement.] Impact of disunity on United States consumer mentioned. [YAMANI - outlines Saudi goal; announces cut in Saudi oil product] Implications for members such as Venezuelan minister Humberto Calderon Berti considered. [CALDERON BERTI - bids adieu.] [Uniden. MIN. - considers situation a crisis.]

(DC) Possible decrease in gasoline price due to OPEC (Organization of Petroleum Exporting Countries) conference explained; various ntns. involved named in report Films shown. Energy Department's announcement of Mexican oil purchase mentioned.
REPORTER: Roger Peterson

(Studio) Item recapped at end of broadcast

Jarriel, Tom;
Lee, Mike;
Peterson, Roger;
Reynolds, Frank

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