Brisbane petrol prices have hit an all time high breaking all previous records now at $1.90 per litre for regular unleaded fuel.
RACQ had originally predicted prices would peak towards the end of this month, but the sudden price hike has come earlier than expected.
RACQ spokesperson, Renee Smith, said that in October this year, the last peak of the cycle, Brisbane saw a new record high average price of 178.8 cents per litre.
Just yesterday, that record was broken by Coles Express with fuel costing 193.9 cents per litre.
Strong increases in oil prices could lead to even higher average prices by early next year