Soybean oil is a common sort of cooking oil which boasts of several health benefits. This oil is needed to promote skin health, prevent bone loss and reduce cholesterol levels. It is enriched with important omega-3 fatty acids. This oil is best for cooking as well as frying of foods. Soybean oil is also used for salad dressings. This is rich in vitamin E and is utilized to promote skin health. Its topical applicationcan do away with the inflammation and help the skin retain its elasticity and luster. The oil is accessible with good shelf life and good utility in cooking.