The Petrol Retailers Association (PRA) has bought fuel price supplier BigOil.net.

The service incorporates the Platts fuel price market data and was launched by Milford Haven-based Big Media Group Ltd in 2004.

PRA director Ray Holloway said: "The PRA has secured the future of this established service.

"It provides vital price information to petrol retailers, so ensuring its continued transparency and ease of understanding was a priority for us."