Well-documented by numerous studies around the world, the many health benefits of olive oil make it one of the most indispensable ingredients of a healthy diet. Naturally packed with monounsaturated fatty acids and antioxidants, not only can a good extra virgin olive oil lower your risk of heart disease and cancer, research has shown that it also provides a wide range of anti-inflammatory benefits that can positively impact illnesses such as diabetes, hypertension, arthritis, and asthma.