Skip to content
Subscriber Only

UCG Cancels Deal to Sell OPIS Oil Pricing Agency to Rival Platts

Privately held business-to-business publisher United Communications Group terminated an agreement to sell its Oil Price Information Service unit to rival Platts.

Platts, an energy pricing, news and information unit of McGraw-Hill Companies Inc., said in December that it would buy OPIS as the company is known. Gaithersburg, Maryland-based OPIS provides news and price information on wholesale and retail petroleum markets.