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Australian drivers are preparing to be hit in the hip pocket when they fill up at the bowser this weekend with petrol prices set to skyrocket to $2 per litre in some capital cities.
The country is recording its highest prices since the global financial crisis in 2008 according to NRMA head of media Peter Khoury, with a huge spike in global crude oil prices to blame.
Singapore Mogas 95, a popular choice at Australian petrol stations, is currently trading at an all-time high price of over $90 a barrel.
Mr Khoury said the price surge is a bitter pill to swallow for everyday Australians - especially those who have endured months of lockdown during the Covid pandemic.
'The concerning thing is there is no relief in sight, potentially until November,' he told Daily Mail Australia on Thursday.
Vehicle owners will be severely hit in the hip pocket when they fill up at the bowser this weekend, with petrol set to be a record $1.70 per litre in some capital cities such as NSW
'In NSW, petrol
