Coconut oil is a highly saturated oil that is conventionally made by extracting the oil from raw coconuts or dried coconut kernels. Coconut oil has been shown to have anti-inflammatory properties. Fatty acids in coconut oil help protect and nourish the skin. They provide good barrier control and help us hold on to our own moisture, which is great because it helps both treat and prevent dryness. Coconut oil can help lessen some of the symptoms of eczema like dryness and itching.