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Preheat oven to 350 degrees.
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For bread: In a large bowl, combine oil, sugar, eggs extracts and mix well.
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In a separate bowl, combine flour, salt, poppy seed and baking powder and mix well.
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Alternate adding flour mixture and milk to sugar mixture.
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Pour into 3 greased and floured 7 X 3 inch loaf pans or 2 9 X 5 inch loaf pans (half to two thirds full).
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Bake in preheated oven for 35-45 minutes for medium loaves or 45 -55 minutes for large loaves.
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Remove from oven and cool in pans on a rack for 10 minutes, then invert and cool completely.
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For topping: Combine ingredients in microwave-safe bowl and microwave on high 1 to 2 minutes or til butter is melted and sugar is dissolved.
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Stir well and brush topping over cooled loaves with a pastry brush.