.HOMER CALLED it liquid gold. To Hippocrates it was actually "the excellent mender". These days olive oil is actually used to pan-fry veggies or even outfit tossed salads-- but it is once again becoming a high-end. In September prices reached their highest level since files began, climbing through 117% year-on-year according to the International Monetary Fund. Olive oil is seventeen opportunities as useful as crude oil body weight for weight in 2019 it was actually 7 opportunities less expensive. Why has the rate shot up?