Canola and vegetable oils are in most pantries, but what's the difference between these staples? .Here's what you need to know about the two oils' ingredients, cooking usage, and storage.Canola oil is made from the canola plant: a crossbred of the rapeseed plant.It's great to use when you don't want to add extra taste to a dish, or you want to cook something on high heat.It is low in saturated fat, free of trans fats, and is a good source of monounsaturated fat."Vegetable oil" is really a catch-all term for any plant-based oil, but most of the time you're buying corn or soybean oil.Like canola oil, vegetable oil is known for its neutral flavor and high smoke point.No matter what you're using, you need to store your bottles properly. If possible, store your oil in a dark, cool place.If you don't regularly use a lot of vegetable or canola oil, buy smaller bottles, so nothing goes to waste