.HOMER CALLED it liquefied gold. To Hippocrates it was actually "the fantastic shaman". At presents olive oil is actually used to pan-fry veggies or dress mixed greens-- however it is once again becoming a high-end. In September prices met their highest degree given that records began, rising through 117% year-on-year according to the International Monetary Fund. Olive oil is actually seventeen times as important as crude oil body weight for body weight in 2019 it was 7 times less costly. Why has the price soared?