Palm fruit oil, cultivated mostly in Malaysia, Thailand, Indonesia and Papua New Guinea from the oil palm plant, is pressed from the flesh of the palm fruit. This oil contains about equal amounts of saturated and unsaturated oils and a host of micro-nutrients. The non-hydrated oil is free of trans fats. Red palm fruit oil is also an excellent source of beta-carotene and vitamin E, in the form of tocotrienol and tocopherols. According to the University of Maryland Medical Center, both beta-carotene and vitamin E are fat-soluble antioxidants, which are substances that destroy free radicals.