Big Oil Associates, which provides online intelligence on the critical fuel price market, has secured a £170,000 funding package to develop its range of internet-based services for the petroleum industry.

The company provides independent fuel retailers with the ability to save thousands of pounds through access to the data on its website – – that provides daily critical fuel price market intelligence on an annual subscription basis.

The Milford Haven-based company’s funding comes from Finance Wales, the organisation that provides investment for Welsh businesses, and HSBC.