Virgin Blue Increases Surcharge as Fuel Prices Soar (Update1) Virgin Blue Holdings Ltd., Australia #39;s second-biggest airline, increased a surcharge on all tickets as the cost of jet fuel soars.
Oil Prices Rise to High As Demand Continues The price of oil hit another high yesterday, closing above \$47 a barrel as traders reacted to continuing concerns about supply disruptions from terrorism and instability in oil-producing countries. 