'Oil' in the Bible

Will Yahweh be pleased with thousands of rams, with myriads of rivers of oil? Shall I give my firstborn for my transgression, the fruit of my body [for the] sin of my soul?

You yourself will sow, but you will not reap; you will tread olives, but you will not anoint yourself with oil; [you will tread] grapes, but you will not drink wine.