Random FactsCuriousOneNovember 15, 2016ancient, basically, comes, elaia, English, fact, facts, from, Greek, means, oil, olive, staycurious, which, WordComment The English word oil comes from the ancient Greek word elaia, which means olive. So olive oil basically means olive olive. Random FactsCuriousOneNovember 15, 2016ancient, basically, comes, elaia, English, fact, facts, from, Greek, means, oil, olive, staycurious, which, WordComment