The statement that 'an oil called oleic acid found predominantly in olive oil has gained recognition as “Lorenzo’s oil”' is true.
A very essential group of bio-compounds are fatty acids. They form one of the major classes of compounds in biochemistry.
A popular naturally occurring oil is the olive oil. Olive oil contains 55–83% of oleic acid making oleic acid the principal constituent of olive oil.
Oleic acid is contained in Lorenzo’s oil which is a 4:1 ratio mixture of oleic acid and erucic acid. This popular oil is used to slow down the rate of the progression of adrenoleukodystrophy in the brain.
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