The antioxidant and anti-inflammatory properties of olive oil don t just benefit you on the inside they soften your skin, too. Ancient Romans massaged olive oil into their skin, Dr. Perricone says. When used topically, olive oil results in smoother, more radiant skin. Plus, consuming olive oil, a staple in the healthy Mediterranean diet, provides antioxidants to disarm free radicals and reduce inflammation. In addition to working olive oil into your daily diet, apply as a lip gloss and skin soother, as needed. If you have dry skin, you ll particularly benefit from topical application.