From moisturizing your skin to helping you fight the appearance of aging, experts highlight some of the biggest beauty benefits of olive oil. – Olive oil contains a good amount of vitamin E, an antioxidant that protects the skin from various external factors. – Olive oil, in combination with a few other ingredients, can work wonders to keep your hair healthy. The oil is rich in vitamin E that helps fight hair loss. Just rub a few drops of olive oil on flyaway ends after styling for an extra-glossy finish. – Massage with Olive Oil can relief fatigue and strengthen the bones. – Olive Oil is good for Cracked Heels & Body Massage Oil. – You can apply the oil directly to your face for removing makeup or as a pre shave oil.