Before we go through each of these areas in detail, it is important to point out that not all olive oils are created equal! Extra virgin olive oil is considered the best grade to deliver healthy benefits because it is the least-processed of all olive oils. It could be described as natural olive juice. Without any processed manipulation like excessive heat or chemicals that would change its chemical makeup, extra virgin olive oil maintains the highest levels of healthy components. See our How to Pick an Olive Oil page for more details. There are wide differences even among extra virgin olive oils, in terms of their healthy benefits, depending on how they are made, what type of and how ripe the olives were when they were harvested, how the oil was stored, and many other factors.