PROBLEM TO BE SOLVED: To provide a production method which can suppress an increase of glycidol and the like in oil and fat including oil and fat products, even when a deodorization step is performed under a high temperature condition.SOLUTION: There is provided a method for producing oil and fat comprising steps of: obtaining an RBD oil by subjecting an oil and fat to a deacidification step by means of physical purification, a decoloration step, and a first deodorization step; and subjecting the oil and fat comprising the RBD oil to a second deodorization step under the following conditions, where an oil and fat after the second deodorization step has a reduced content of fatty acid ester of glycidol compared to an oil and fat purified under the same conditions except that the amount of steam in the second deodorization step is 1.0 to 2.5 mass% relative to the oil and fat in a tray: (conditions of the second deodorization step: the oil and fat is contacted with steam in a tray of a tray type deodorizer for 30 to 180 minutes at a temperature condition exceeding 230°C and under a vacuum of 150 to 700 Pa, where an amount of the steam is 3.4 to 8 mass% relative to the oil and fat in the tray).SELECTED DRAWING: Figure 1