.HOMER CALLED it liquid gold. To Hippocrates it was actually "the fantastic mender". Nowadays olive oil is used to pan-fry veggies or dress salads-- but it is once again coming to be a luxurious. In September rates reached their highest level given that files started, increasing through 117% year-on-year according to the International Monetary Fund. Olive oil is actually seventeen times as valuable as petroleum body weight for weight in 2019 it was 7 times less expensive. Why possesses the rate skyrocketed?