A method for producing edible oil, having a high content of unsaturated fatty acids, from a product of microalgae. The microalgae product is treated to form an intermediate product that is subjected to a material separation process for removing impurities, in which material separation process the triglyceride is used as a carrier for the impurities. A microalgae oil and/or a lipid extract is advantageously used as the microalgae product. The microalgae product is preferably obtained from microalgae, more particularly photoautotrophic and/or mixotrophic microalgae. The microalgae product is treated by transesterification in order to form the intermediate product, wherein the microalgae product is preferably transformed into an ethyl ester. An organic phase is separated from an inorganic phase of the intermediate product and the organic phase of the intermediate product is subjected to a material separation process for removing impurities, in which material separation process the triglyceride is used.