Anyone hitting the road these school holidays had better fill up quick, with petrol prices already at a four-month high expected to rise again this weekend.
National average petrol prices reached 147.4 cents a litre last week, but wholesale prices climbed 4.6 cents last week too.
NRMA's Peter Khoury said this meant retail prices could go up as soon as Friday.
He said even before the attacks on two Saudi Arabian oil processing plants earlier this month, petrol prices were set to rise.
Mr Khoury blamed that on the United States' escalating trade war with China, a weak Australian dollar and oil-producing nations cutting production to increase prices.
Melburnians, who have already started their holidays, copped the highest rise last week, with a jump of 15.2 cents a litre to 147.9 cents a litre.
The national average retail diesel price also rose, climbing 0.6 cents to 147.4 cents a litre last week.
Australian Associated Press
