Bridge Cancels $1.2 Million A Year Contract With Argus

CONTENT & FEES

Bridge Information Systems has canceled a $1.2 million a year contract with Petroleum Argus for the commentary service's prices and fundamental analysis, which Bridge provided at no extra cost to most of its energy service subscribers. Argus is now an optional service on Bridge, as it is on Reuters and Bloomberg.

The bulk of the information supplied to Bridge by Argus was not exclusive. However, a few pages that provided intraday prices on refined oil products were exclusively provided to Bridge

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