Canola Oil vs Peanut Oil

Bottom line

Nutritionally these are close. Peanut oil is more monounsaturated and has a higher smoke point, which suits deep frying; canola has more omega-3 ALA. Refined peanut oil is generally considered safe for people with peanut allergy, but check with a clinician.

For everyday cooking, current guidelines favor oils low in saturated fat and rich in unsaturated fat; choose by smoke point and flavor within that group. All cooking oils are about 120 kcal per tablespoon, so portion matters more than brand.