Mumbai, Sept. 10 -- According to the EIA's latest Short-Term Energy Outlook (STEO), global liquid fuels production is set to surge, increasing by 2.3 million barrels per day (mb/d) in 2025 and another 1.1 mb/d in 2026. Non-OPEC+ producers such as the United States, Brazil, Canada, and Guyana will account for most of this growth, contributing 1.7 mb/d in 2025. OPEC+ production will rise more moderately, by 0.6 mb/d in 2025, as the group aims to manage inventory builds and prevent further oil price drops. On the demand side, global liquid fuels consumption is expected to grow by 0.9 mb/d in 2025 and 1.3 mb/d in 2026, primarily driven by non-OECD countries. India and China will be key contributors, with each adding around 0.4-0.5 mb/d of addit...