.HOMER phoned it liquid gold. To Hippocrates it was "the great physician". At presents olive oil is actually used to pan-fry vegetables or dress salads-- however it is once again becoming a luxurious. In September costs met their highest degree because reports began, increasing through 117% year-on-year depending on to the International Monetary Fund. Olive oil is seventeen opportunities as important as petroleum body weight for weight in 2019 it was actually seven times less expensive. Why has the cost soared?