OPEC's 'mixed signals' make sense after all

Only in the whimsical world of OPEC can a decision to allow greater production also be a production cut. The Organization of Petroleum Exporting Countries' Aug. 24 decision to cut output while hiking quotas was met with some dismay by analysts who had already factored quota cuts into their forecasting models. Some of these analysts indignantly complained that the "confusing" decision sends mixed signals to the market.

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