Gone are the days when drizzling olive oil into your pan was a carefree, budget-friendly gesture. With prices skyrocketing over 110% in recent years, this once-humble kitchen staple has transformed into a luxury item. A single liter of premium olive oil can now cost nearly £20, leaving many to wonder: are we paying for quality, or just a fancy label? But here's where it gets controversial: is the soaring cost of olive oil justified, or are we being lured into a premium trap?
Let’s break it down. At the pinnacle of olive oil quality sits extra virgin olive oil (EVOO), often referred to as 'liquid gold.' Unlike lighter, refined oils, EVOO is essentially pure olive juice, extracted using a cold-press method that keeps temperatures below 27°C. But this is the part most people miss: the olives must be pressed within 72 hours of harvesting to preserve their freshness, flavor, and nutrients. This meticulous process is what sets EVOO apart—and what drives up its price.
EVOO is unrefined, meaning it retains its natural characteristics, much like a fine wine. Its flavor and aroma vary depending on its origin, reflecting the soil, climate, and olive variety of its region. Here’s a thought-provoking question: does the regional specificity of EVOO make it worth the premium, or is it just a marketing gimmick? Either way, it’s best consumed within two years of harvest, as it doesn’t improve with age. To protect its quality, store it in a cool, dark place, preferably in a tinted or dark bottle to shield it from light damage. And unless you’re a frequent user, avoid oversized bottles—they’re more likely to go rancid before you finish them.
Beyond its culinary appeal, EVOO is celebrated for its health benefits. Rich in monounsaturated fats—the same kind found in avocados and nuts—it’s linked to a reduced risk of cardiovascular disease and other health conditions. It’s also packed with polyphenols, powerful antioxidants with anti-inflammatory properties. But here’s a counterpoint: with so many health claims, are we overestimating its benefits, or is EVOO truly a superfood?
With olive oil prices showing no signs of dropping, choosing the right bottle is more critical than ever. That’s why I embarked on a mission to find the best supermarket olive oils that truly justify their cost. From budget-friendly options to luxurious splurges, I tested 15 bottles, narrowing them down to the top seven. My method? A traditional tasting approach: warming the oil in a glass, inhaling its aroma, and sipping it while aerating it to fully experience its flavor profile. I also dipped bread into each oil to test its versatility. Alongside taste and aroma, I evaluated value for money, quality, and whether the oil had PDO (Protected Designation of Origin) status, which guarantees its regional authenticity.
The results? Here are the best supermarket olive oils for 2026:
- Best Overall: Asda Extra Special Greek Koroneiki Extra Virgin Olive Oil (£7, Asda.com). A perfect balance of flavor, quality, and affordability.
- Best Budget Oil: Aldi Specially Selected P.D.O Castel Del Monte Extra Virgin Olive Oil (£5.49, Aldi.co.uk). Proof that you don’t need to break the bank for excellent EVOO.
- Best Luxury Olive Oil: Waitrose No 1. Valli Trapanesi Extra Virgin Olive Oil (£14.50, Waitrose.com). A premium choice for those who appreciate the finer things in life.
Now, I want to hear from you: Do you think the rising cost of olive oil is justified, or is it a premium too far? And what’s your go-to olive oil for everyday cooking? Let’s debate in the comments!