Soyabean oil is a vegetable oil extracted from soybeans that is widely used for cooking due to its versatility, mild flavor, and high smoke point, making it suitable for frying, baking, and roasting. It also has health benefits, as it is rich in polyunsaturated fats and is used in some nutritional supplements. Additionally, it can be found in products like printing ink and as an ingredient in skincare and hair care due to its vitamin and fatty acid content.