O.P.E.C. may hold prices
(.V.Z. Press Assn—Copyright) j LAGOS. June 20. j i The Organisation of Petro-i leum Exporting Countries is] not committed to increasing' oil prices when its price i freeze runs out on September 30, this year, the O.P.E.C. secretary-general (Mr Feyide) said in Lagos' yesterday. He told a meeting of dip- ] lomats, oilmen, and journal-, ■ ists that during their recenti] meeting in the West African!] nation of Gabon that I < O.P.E.C. Oil Ministers de-|j 'cided only’ to “readjust”' prices. ’ • h “We are not committed to!: any movement in any direct- . lion. We want to readjust inii ia form that is reasonable! land fair.” he said. it At the next O.P.E.C. Min-. ' isters’ meeting in Vienna in September, the 13 member] ;countries will study reports!! from experts on such factors. i ,as the impact of world] : inflation on member States, 1 i the oil markets, and mone-II tary markets before reaching iany decision, Mr Feyide! i said. If
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19750621.2.117
Bibliographic details
Press, Volume CXV, Issue 33875, 21 June 1975, Page 15
Word Count
160O.P.E.C. may hold prices Press, Volume CXV, Issue 33875, 21 June 1975, Page 15
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.
Log in