So it depends on what seed oil... For example, sesame oil has a smoke point lower than olive oil, but sunflower oil has a smoke point higher than olive oil. I usually use oil with higher smoke point only when I deep fry something. For all other recipes I use extravirgin olive oil (I live in Italy)
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In production, that first squeeze waste then undergoes secondary processing with heat to extract the remaining oils – the cheaper, non-virgin variety.