News In Brief
OPEC meeting opens on discordant note
Disagreement on the future of oil prices emerged Wednesday at the start of talks among ministers of the 13 OPEC nations. As delegates assembled for the first session of the open-ended conference, Saudi Oil Minister Ahmad Zaki Yamani told reporters his country was pledged to freeze prices at least until the end of 1985.
But Iranian Oil Minister Muhammad Gharazi said before the start of the session that he would pressfor a price increase in OPEC's benchmark price of $29 a barrel, fixed last March.
Meanwhile, the Nigerian Senate voted in favor of quitting OPEC if Nigeria is not given a higher oil-production quota. The recommendation to the government was part of a five-point motion on overcoming the country's economic crisis.