Health experts now say coconut oil is as unhealthy as beef fat and butter. It is full of saturated fat, which can raise "bad" cholesterol, the AHA says in updated advice. Health nuts have made coconut oil their magic elixir, using it for cooking and baking, as a skin moisturizers, to heal cuts and scrapes. No good studies to support claims that it is better than other saturated fats exist yet. The disconnect between the views of nutritionists and the public about the oil could be entirely attributed to marketing.Reference