Pomace olive oil is obtained from the residue of already contracted olives using certain chemicals, so we can safely say that it is the last extraction of olives. This product is of the most inferior quality, among olive oils. Pomace oil doesn’t nearly give the same health benefits as extra virgin olive oil and extra light olive oil, but still it is beneficial than palm oil because it has some quantity of low quality olive oil. It is recommended for use in frying.