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The image depicts a line graph titled "World Food and Oil Prices" ranging from 2000 to 2011; two lines represent Food Price Index (blue) and Average Oil Price (red), with left vertical axis scaling from 60 to 240 index points and the right vertical axis from $0 to $140 per barrel. Both lines exhibit upward trends, intersecting around 2004 and 2009, showing parallel movements and indicating a correlation of 93.6%. Food Price Index starts at approximately 90 points and peaks twice at nearly 240 points in 2008 and 2011; Average Oil Price begins around $20 per barrel, peaking at around $40 in 2005, sharply rising to approximately $140 in mid-2008 before sharply declining and climbing back to around $120 in 2011.
Given the complexity of the image, the above description may not be entirely accurate.
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The diagram compares the food price index with the average price of a barrel of oil over the world between 2000 and 2011.
From an overall perspective, it can be clearly observed that this is an upward trend for both the food and oil prices over a period of 11 years. Furthermore, both prices increased very similarly and their correlation was about 93%.
It is clearly from the graph that the figures for both increased slightly in the first six years. In 2007, the cost of oil was reached at peak value nearly 130 dollars. On the other side, the price of food did not reach its peak. But suddenly, prices of oil fell to 40 dollars, and the food was 140 points. In the last two years, the cost of both items icreases. In 2011, the cost of oil touch approximately 100 dollars, and the food price reach its peak value close to 240 points.
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