Palm oil is considered good for human health, and it is used to prevent various diseases, including cancer, brain disease, Vitamin A deficiency and aging, according to WebMD. It is also used in the treatment of cyanide poisoning, high cholesterol, high blood pressure and malaria. Palm oil is thought to increase the body's metabolism, so it is sometimes recommended for weight loss.
Palm oil is derived from the fruit of the oil palms, which is known as the mesocarp. Its naturally reddish color is caused by its high levels of beta-carotene. The use of palm oil dates back for up to 5,000 years; palm oil was found in an Egyptian tomb dated to 3,000 B.C.