LONDON (AFP) - OPEC member Iran on Wednesday indicated it was against any increase in the cartel's production quota.

""Currently there is sufficient oil on the market,"" caretaker Oil Minister Gholam Hossein Nozari told reporters ahead of the meeting on September 11.
""There have been forecasts of one or two hurricanes and this has caused prices to rise. But our position is clear -- there is a sufficient supply of oil on the market,"" he said.
World oil prices steadied Wednesday, with prices underpinned by the U.S. Atlantic hurricane season, which could see energy facilities damaged, dealers said.
In London, the price of Brent North Sea crude for October delivery eased one cent to 73.91 dollars per barrel.
New York's main futures contract, light sweet crude for delivery in October, was unchanged at 75.08 dollars per barrel.
""Crude futures were little changed ... holding onto robust gains from yesterday ahead of the weekly U.S. fuel inventories report,"" Sucden analyst Michael Davies said in London.
The U.S. Energy Information Administration will release its inventory data on Thursday, a day later than usual owing to Monday's public holiday in the United States.
Analysts are predicting that U.S. crude stocks fell again last week.
Elsewhere, the market is tracking the threat to energy facilities from the ongoing Atlantic hurricane season. Although Hurricane Felix and Dean have spared oil installations, production has been stopped in Mexico as a precaution.
At its last regular meeting in March, the Organization of Petroleum Exporting Countries decided to keep its official production quota at 25.8 million barrels of oil per day.
World oil prices had shot up Tuesday after Qatar's energy minister said OPEC would not move next week to increase the cartel's oil output, despite calls for the organization to respond to tight global supplies and strong energy demand.
New York's main futures contract rallied 1.04 dollars on Tuesday, closing above 75 dollars per barrel for the first time since August 3.
""The market continues to draw support from speculations that OPEC is likely to leave its output unchanged during the group's next meeting on September 11th, despite repeated calls from many consumer nations to increase the group's output,"" Sucden's Davies added