The majority of people believe that this oil is actually very healthy and they add it to their meals whenever they can. However, they are completely wrong! Although soy seems to be desirable alternative to most foods due to their advertised health benefits, the truth is quite different. In fact, soybean oil can do more harm than good. Soybean oil, as well as all soy products, are derived from soybeans. Still, most manufacturers do not mention soybean is toxic in nature.