Root, Carvana Extend Embedded Insurance Agreement

MT newswire2026/09/01 21:09

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05:09 PM EDT, 09/01/2026 (MT Newswires) -- Root (ROOT) said Tuesday it extended its embedded insurance collaboration with Carvana (CVNA). The extended agreement will remain active until at least August 2028, building on an initial 2022 product launch that generated more than 200,000 policy sales, the company said.

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The U.S. Energy Information Administration (EIA) has raised its forecast for average Brent crude oil prices in 2026 and 2027 to $97 and $86, respectively, reflecting pressures from global inventory declines, Middle East supply disruptions, and rising transportation costs. As oil production in the Middle East gradually recovers and global inventories rebound from low levels, the EIA expects the average spot price of Brent crude to fall to $87 per barrel in the second quarter of 2027, and further decline to $77 per barrel by the fourth quarter.

华尔街见闻•2026/11/10 18:41