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I am confused about the grades of olive oil. What makes extra-virgin oil better?

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I am confused about the grades of olive oil. What makes extra-virgin oil better?

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A. Only around 10% of the olive oil produced in the world is top-quality olive oil. We are happy to say that our oils fall into that exclusive group. Extra-Virgin Olive Oil is the top grade of olive oil. Every Olivenation.com olive oil is extra-virgin. It is a virgin or unprocessed oil (not undergoing any treatment other than washing, decanting, centrifuging and decanting) and must have an acidity level of lower than 1 g per 100g or 1%. Some have acidity levels even lower. It must be produced in a cold press (with no heat applied during the extraction of the oil) and must also have perfect aroma, flavor and color. Virgin Olive Oil must have an acidity level of not more than 2%, still with a perfect aroma, flavor and color. Ordinary Virgin Olive Oil is oil whose acidity does not exceed 3.3%. They must also have good color, aroma and flavor. Fine for frying or where flavor is not wanted or needed. Refined Olive Oils are a blend of refined and virgin oil with higher acidity and/or defects

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