There is provided an oil-in-water emulsion composition whose continuous phase is an aqueous phase, but which has a high moisture evaporation suppressing effect and is also superior in feeling, and a method for producing the same. An oil-in-water emulsion composition containing an oily component having an inorganic value of 2500 or less, an organic value of 5000 or less and an IOB value of 0.3 to 0.5, the oil-in-water emulsion composition containing the following components (A) to (C) in an aqueous phase. (A) a polyoxyethylene alkyl or alkenyl ether having alkyl group or alkenyl group having 20 to 24 carbon atoms and an average molar number of ethylene oxide added of 1.5 to 4 (B) a polyhydric alcohol (C) a water-soluble polymer本發明提供一種雖然連續相為水相,但水分蒸發抑制效果較高,而且使用感優異之水中油型乳化組合物及其製造方法。本發明之水中油型乳化組合物之特徵在於:含有無機性值為2500以下、有機性值為5000以下、且IOB值為0.3~0.5之油性成分,且於水相中含有下述(A)~(C)。(A) 烷基或烯基之碳數為20~24、環氧乙烷之平均加成莫耳數為1.5~4之聚氧乙烯烷基或烯基醚(B) 多元醇(C) 水溶性高分子。