Palm Oil?

[I. Kay]

Where do palm oil and palm kernel oil stand in the hierarchy of fats? I've read lots of conflicting things (surprise, surprise).

So is it a "good" a "fine in moderation" or a "better to stay away" ingredient? I'm assuming that most - if not all - of the beneficial properties I've read about are lost in processing? Anything harmful come of this process?

If the ingredient lists "palm oil", does that mean that it is not fractionated?

Thanks in advance!