What makes the best popcorn oil? Out of all the cooking oils available, two contenders come to the top. Will Canola oil be the champion or will it be coconut oil? Only you can decide. SCNEIDER'S oils are non-hydrogenated, use Beta Carotene for flavour, and can reach a higher temperature before they start to burn or smoke. They have the bright colour and buttery taste without any harmful additives.