Probably the most widely-used oil in cooking, olive oil is pressed from fresh olives. It's mainly made in the Mediterranean, primarily in Italy, Spain and Greece (though countries such as America and Australia also produce it). Much like wine-making, climate, soil and the way the olives are harvested and pressed all have an impact on an oil's character.
Olive oil is assessed on three criteria - fruitiness, bitterness and pepperiness - the flavour, smell and colour can vary radically, both according to its origin, as well as whether it's extra virgin (the finest grade) or not.
Generally speaking, the hotter the country, the more robust the flavour of the oil. It is also possible to flavour olive oil with herbs and spices by steeping them in the oil for ten days or so (though chilli needs far less time).
How do I get Olive Oil ready to use?
Olive oil is ready to cook with. If you have flavoured olive oil with any herbs and spices, these should be strained out - pour the strained olive oil into a clean bottle before you use it.
What about keeping Olive Oil?
Olive oil deteriorates when exposed to direct sunlight, so keep it in an airtight bottle a cool, dark place, like a kitchen cupboard, rather than sitting out on a worktop or window sill. Olive oil does not improve with age, and is best consumed within a year of bottling.